Benchmarking The Bowen Group 401(K) Plan in Stafford, VA against all plans
The Bowen Group 401(K) Plan in Stafford, VA has the least participant loans as a percentage of plan assets (0.00%) among the 81 Virginia plans whose industry group is Management, Scientific, and Technical Consulting Services. That 0.00% compares to an average of 0.96% across those 81 plans.
Beating the average of 0.96% means a savings of $31,879 in participant loans.
Note: participant loans as a percentage of plan assets =
(100 * participant loans) ÷ total assets
The Bowen Group 401(K) Plan has these standings among those 81 peer plans:
Beating the average of 0.96% means a savings of $31,879 in participant loans.
Note: participant loans as a percentage of plan assets =
(100 * participant loans) ÷ total assets
The Bowen Group 401(K) Plan has these standings among those 81 peer plans:
- participant loans as a percentage of plan assets = 0.00% (the least, tied)
- participant loans = $0 (the least in, tied)
- total assets = $3,303,937 (19th-least)
Visualize
Peers
tied with Alternate Perspectives, Inc. 401(K) Plan & Trust in Leesburg, VA, Prevailance, Inc. 401k Profit Sharing Plan in Virginia Beach, VA, Praetorian Standard, Inc. 401(K) Plan in Stafford, VA, Techop Solutions International, Inc. 401(K) Profit Sharing Plan in Stafford, VA, and 6 others, all with 0.00%.
beat Skyline ULTD Inc. 401(K) Plan in Annandale, VA (0.05%), Ids International 401(K) Plan in Arlington, VA (0.11%), Riskspan, Inc. 401(K) Plan in Arlington, VA (0.12%), and Flatter, Inc. 401(K) Plan in Fredericksburg, VA (0.15%), and 66 others, ending with Sehlke Consulting LLC in Vienna, VA (3.75%).
beat Skyline ULTD Inc. 401(K) Plan in Annandale, VA (0.05%), Ids International 401(K) Plan in Arlington, VA (0.11%), Riskspan, Inc. 401(K) Plan in Arlington, VA (0.12%), and Flatter, Inc. 401(K) Plan in Fredericksburg, VA (0.15%), and 66 others, ending with Sehlke Consulting LLC in Vienna, VA (3.75%).
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.
- participant loans as a percentage of plan assets. Lower values are better. Participant loans as a percentage of plan assets equals participant loans, Line 1c(8) from Schedule H, divided by total assets, Line 1f(b) from Schedule H, times 100. A high value may indicate excessive borrowing from participants' retirement accounts. To qualify for participant loans as a percentage of plan assets, 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.
- in state. 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.