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Benchmarking Superior Linen Service, Inc. Retirement Savings Plan in Tulsa, OK against all plans

 

Superior Linen Service, Inc. Retirement Savings Plan in Tulsa, OK has the 10th-highest yield on beginning-of-plan-year total assets (-14.85%) among the 76 plans in Tulsa, OK. That -14.85% compares to an average of -17.24% across those 76 plans.

Beating the average of -17.24% means an extra $221,962 in net earnings on investments.

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

Superior Linen Service, Inc. Retirement Savings Plan has these standings among those 76 peer plans:

  • yield on beginning-of-plan-year total assets = -14.85% (10th-highest)

  • net earnings on investments = -$1,381,233 (26th-lowest)

  • total assets at beginning of plan year = $9,300,939 (21st-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 = $485,779

  • cash contributions from employers = $317,678

  • total contributions = $807,774

Visualize

 
 

Peers

beat out by Warehouse Market, Inc. Profit Sharing 401(K) Retirement Plan in Tulsa, OK (-9.76%), Omni-2 401(K) Retirement Plan in Tulsa, OK (-11.98%), FMS, Inc. 401(K) Plan in Tulsa, OK (-12.71%), and University Village Retirement Community, LLC 401(K) Retirement Plan in Tulsa, OK (-13.44%), and 5 others, ending with 403(B) Thrift Plan for Employees of Tulsa Educare, Inc. in Tulsa, OK (-14.76%).

beat Pacesetter Claims Service, Inc. 401(K) Profit Sharing Plan and Trust in Tulsa, OK (-14.89%), Westreet Federal Credit Union 401(K) Plan and Trust in Tulsa, OK (-15.29%), Fis 401(K) Plan in Tulsa, OK (-15.29%), and R & D Maintenance Services, Inc. 401(K)Plan in Tulsa, OK (-15.38%), and others, ending with Educational Development Corporation Employee 401(K) Plan in Tulsa, OK (-39.05%).

References

  1. in city. Values were kept only if they occurred at least 20 times. 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. 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.