Benchmarking Detroit Chassis LLC Salaried Employees 401k Plan in Detroit, MI against all plans
Detroit Chassis LLC Salaried Employees 401k Plan in Detroit, MI has the lowest total administrative expense ratio (0.040%) among all the 29 plans whose industry group is Motor Vehicle Body and Trailer Manufacturing. That 0.040% compares to an average of 0.630% across those 29 plans.
Beating the average of 0.630% means a savings of $15,212 in total administrative expenses.
Note: total administrative expense ratio =
(100 * total administrative expenses) ÷ total assets
Detroit Chassis LLC Salaried Employees 401k Plan has these standings among those 29 peer plans:
Beating the average of 0.630% means a savings of $15,212 in total administrative expenses.
Note: total administrative expense ratio =
(100 * total administrative expenses) ÷ total assets
Detroit Chassis LLC Salaried Employees 401k Plan has these standings among those 29 peer plans:
- total administrative expense ratio = 0.040% (the lowest)
- total administrative expenses = $1,025 (2nd-lowest)
- total assets = $2,558,807 (9th-least)
Visualize
Peers
beat Harbor Truck Bodies, Inc. 401k Salary Reduction Plan in Brea, CA (0.060%), Reitnouer, Inc. 401(K) Plan in Birdsboro, PA (0.071%), Smithco Retirement Savings Plan in Le Mars, IA (0.086%), and Sundowner Trailers, Inc. 401(K) Retirement Plan in Coleman, OK (0.160%), and 24 others, ending with Kaufman Trailers 401(K) Plan in Denton, NC (2.238%).
References
- 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.
- total administrative expense ratio. Lower values are better. Total administrative expense ratio (as a percentage) equals total administrative expenses (Line 2i(5), Schedule H) divided by total assets (end of plan year; Line 1f(b) from Schedule H), times 100. To qualify for total administrative expense ratio, 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.