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Benchmarking Dicar, Inc. 401(K) Plan in Pine Brook, NJ against all plans

 

Dicar, Inc. 401(K) Plan in Pine Brook, NJ has the 10th-highest total administrative expense per participant ($393.51) of the 428 plans whose industry group is Other Miscellaneous Manufacturing. That $393.51 compares to an average of $130.12 across those 428 plans.

Reaching the average of $130.12 would imply a decrease of $33,714 in total administrative expenses.

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

Dicar, Inc. 401(K) Plan has these standings among those 428 peer plans:

  • total administrative expense per participant = $393.51 (10th-highest)

  • total administrative expenses = $50,369 (45th-highest)

  • total participants = 128 (66th-fewest, tied)

Visualize

 
 

Peers

better than Pulp Studio Inc. 401(K) Profit Sharing Plan in Gardena, CA ($574.05), F. C. Young Co. , Inc. 401k Plan in Bristol, PA ($515.89), Wayne Enterprises, Inc. 401(K) Retirement Savings Plan in Houston, TX ($502.03), and Barbour Corporation 401(K) Employee Savings and Profit Sharing Plan in Brockton, MA ($470.68), and 5 others, ending with Bitrode Corp 401(K) Profit Sharing Plan and Trust in St. Louis, MO ($403.94).

exceeded Jorgensen & Sons, Inc. 401(K) Retirement Plan in Fresno, CA ($388.27), Royal Basket Trucks Inc 401(K) Profit Sharing Plan & Trust in Darien, WI ($385.33), Ripon Awardjackets, Inc. 401(K) Savings Plan in Berlin, WI ($380.40), and Synergeyes Inc. 401(K) Profit Sharing Plan & Trust in Carlsbad, CA ($371.61), and 414 others, ending with Dynatronics Corporation Retirement Plan in Salt Lake City, UT (-$17.53).

References

  1. whose industry group is. The industry group is the first four 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.