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Benchmarking Turners Outdoors Inc. 401k Plan in Rialto, CA against all plans

 

Turners Outdoors Inc. 401k Plan in Rialto, CA has the 10th-lowest total administrative expense per participant ($2.33) of the 186 plans whose economic sector is Retail Trade and have 500 to 999 total participants. That $2.33 compares to an average of $55.68 across those 186 plans.

Beating the average of $55.68 means a decrease of $32,916 in total administrative expenses.

Note: total administrative expense per participant =
total administrative expenses ÷ total participants

Turners Outdoors Inc. 401k Plan has these standings among those 186 peer plans:

  • total administrative expense per participant = $2.33 (10th-lowest)

  • total administrative expenses = $1,440 (9th-lowest)

  • total participants = 617 (76th-fewest, tied)

Visualize

 
 

Peers

beat out by Starcrest Products of California, Inc. 401(K) Plan in Perris, CA ($0.00), Shop Rite, Inc. Profit Sharing 401(K) Plan in Crowley, LA ($0.16), The Grove Inc. 401k Plan in Westchester, IL ($1.17), and Marvin Hewatt Enterprises, Inc. 401(K) Plan in Lawrenceville, GA ($1.51), and 5 others, ending with Cigarette Store 401(K) Plan in Boulder, CO ($2.19).

beat Tecovas 401(K) Plan in Austin, TX ($2.56), The Black Tux, Inc. 401(K) Plan in Santa Monica, CA ($2.90), Blarney Castle Oil Co. 401(K) Plan in Bear Lake, MI ($3.75), and PSK dba Foodtown Union 401(K) Plan in Mt. Vernon, NY ($3.84), and 172 others, ending with Mag 401(K) Plan in West Palm Beach, FL ($208.38).

References

  1. whose economic sector is. The economic sector is the first two digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. total administrative expense per participant. Lower values are better. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, separated participants who are still living, and deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). To qualify for total administrative expense per participant, the number of total assets must be at least $50,000. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  3. total participants bracket. We partitioned total participants into eight brackets: 0-9, 10-24, 25-49, 50-99, 100-499, 500-999, 1000-4999, 5000-24999, and 25000 or more. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.