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Benchmarking Down-Lite International, Inc. Profit Sharing Plan in Mason, OH against all plans

 

Down-Lite International, Inc. Profit Sharing Plan in Mason, OH has the 11th-highest yield on beginning-of-plan-year total assets (-13.37%) among the 96 plans within 50 miles that provide for automatic enrollment. That -13.37% compares to an average of -16.70% across those 96 plans.

Beating the average of -16.70% means an extra $289,613 in net earnings on investments.

Note: yield on beginning-of-plan-year total assets =
(100 * net earnings on investments) รท total assets at beginning of plan year

Down-Lite International, Inc. Profit Sharing Plan has these standings among those 96 peer plans:

  • yield on beginning-of-plan-year total assets = -13.37% (11th-highest)

  • net earnings on investments = -$1,161,118 (47th-lowest)

  • total assets at beginning of plan year = $8,687,195 (33rd-most)

and these values satisfy the maximum allowed for calculating yield from beginning assets:

  • asset transfers to the plan = $0

  • asset transfers from the plan = $0

and these values provide further relevant context:

  • cash contributions from participants = $757,061

  • cash contributions from employers = $292,226

  • total contributions = $1,119,500

Visualize

 
 

Peers

beat out by Belflex Staffing Network Retirement Savings Plan in Cincinnati, OH (-10.39%), 403(B) Thrift Plan of Adams Brown Counties Economic Opportunities, Inc. in Georgetown, OH (-11.49%), I Supply Co. 401(K) Profit Sharing Plan in Fairborn, OH (-11.59%), and 401(K) Profit Sharing Plan for Employees of Nova Behavioral Health, Inc. in Dayton, OH (-11.89%), and 6 others, ending with The Ralph J. Stolle Company Retirement Savings Plan in Cincinnati, OH (-13.29%).

beat JBM Packaging Company Retirement Plan and Trust in Lebanon, OH (-13.49%), Pure Romance, LLC 401(K) Plan in Cincinnati, OH (-13.64%), Culmen Real Estate Services Retirement Plan in Dayton, OH (-13.85%), and Donnellon McCarthy Enterprises 401(K) Profit Sharing Plan & Trust in Cincinnati, OH (-13.96%), and others, ending with Ace Sanitary Holdings Inc 401(K) Profit Sharing Plan & Trust in Hamilton, OH (-28.04%).

References

  1. provide for automatic enrollment. 401(k) plan or 403(b) plan that provides for automatic enrollment in a plan that has elective contributions deducted from payroll. Feature code 2S within Line 8a of 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.
  2. within 50 miles.

    • The Latitude and Longitude data used by this application were obtained from the Google Map's geolocation API service.
    • In rare cases, the geolocation isn't found, typically because a street address is missing or incorrect, a zipcode isn't correct or omits a leading zero, or other detail. In such rare cases, the Google Maps service was used manually to identify the correct or likely office latitude and longtidue, with a preference to physical addresses rather than mailing addresses such as a post office box.

    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. yield on beginning-of-plan-year total assets. Higher values are better. To qualify, the total assets at the beginning of the plan year must be above zero, and either (1) both the asset transfers to the plan and asset transfers from the plan during the plan year must be zero, or (2) the sum of the absolute values of both asset transfers must be less than 1% of the total assets at the beginning of the plan year. If it qualifies, the yield on beginning-of-plan-year total assets (as a percentage) equals net earnings on investments divided by total assets at the beginning of the plan year, times 100. The above quantities are all from Schedule H: Assets transfer to the plan is Line 2l(1). Assets transfer from the plan is Line 2l(2). Net earnings on investments is the sum of the ten column (b) entries from 2b, minus investment advisory and management fees (Line 2i(3)). Total assets at the beginning of the plan year is Line 1f(a). 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.