Powered by OnlyBoth

Benchmarking The Winterberry Group Retirement Plan in Southington, CT against all plans

 

The Winterberry Group Retirement Plan in Southington, CT has the 9th-lowest average participant cash contribution per active participant ($1,035) of the 210 plans in New England whose economic sector is Professional, Scientific, and Technical Services. That $1,035 compares to an average of $7,767 across those 210 plans.

Reaching the average of $7,767 would imply an extra $1,346,461 in participant cash contributions.

Note: average participant cash contribution per active participant =
cash contributions from participants ÷ active participants

The Winterberry Group Retirement Plan has these standings among those 210 peer plans:

  • average participant cash contribution per active participant = $1,035 (9th-lowest)

  • cash contributions from participants = $206,968 (11th-least)

  • active participants = 200 (52nd-most, tied)

Visualize

 
 

Peers

better than Mark Facey & Company 401(K) Plan in Southington, CT ($118.40), Onbrand 24 Inc 401(K) Profit Sharing Plan & Trust in Beverly, MA ($285.10), Allied Government Solutions, Inc. Retirement Plan in Dover, NH ($316.00), and Staffing 360 Solutions, Inc. & Subsidiaries 401(K) Plan in Shelton, CT ($428.10), and 4 others, ending with Raps Auto Parts Supply, Inc. 401(K) Profit Sharing Plan and Trust in Auburn, MA ($1,008).

trailed Idylwilde Farm Inc 401(K) Profit Sharing Plan & Trust in Acton, MA ($1,138), American Leak Detection, Inc. 401(K) Profit Sharing Plan in New Haven, CT ($1,261), Beales LLC 401(K) Profit Sharing Plan & Trust in Accord, MA ($1,333), and GTT LLC 401(K) Profit Sharing Plan & Trust in Portsmouth, NH ($1,354), and others, ending with Spero Therapeutics, Inc. 401k Plan in Cambridge, MA ($39,409).

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. average participant cash contribution per active participant. Higher values are better. Average participant cash contribution per active participant equals cash contributions from participants, Line 2a(1)(B) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. 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. in region. The 9 regions with their corresponding states or other geographic entities are: New England (CT ME MA NH RI VT), Mid Atlantic (DE DC MD NJ NY PA), Great Lakes (IL IN MI OH WI), Plains (IA KS MN MO NE ND SD), Southeast (AL AR FL GA KY LA MS NC SC TN VA WV), Southwest (AZ NM OK TX), Rocky Mountains (CO ID MT UT WY), Far West (AK CA HI NV OR WA), and Outlying Areas (VI PR GU AS MP). 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.