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Benchmarking Nagel Paper, Inc. 401(K) Plan in Swartz Creek, MI against all plans

 

Nagel Paper, Inc. 401(K) Plan in Swartz Creek, MI has the 12th-highest average employer cash contribution per active participant ($325.70) of the 74 plans within 50 miles. That $325.70 compares to an average of $4,376 across those 74 plans.

Reaching the average of $4,376 would imply an extra $486,052 in employer cash contributions.

Note: average employer cash contribution per active participant =
cash contributions from employers รท active participants

Nagel Paper, Inc. 401(K) Plan has these standings among those 74 peer plans:

  • average employer cash contribution per active participant = $325.70 (12th-highest)

  • cash contributions from employers = $39,083 (22nd-most)

  • active participants = 120 (30th-fewest, tied)

Visualize

 
 

Peers

beat out by Level One Bank 401(K) Profit Sharing Plan and Trust in Farmington Hills, MI ($285,437), Bridgestone Apm Company 401(K) Plan in Novi, MI ($16,228), Orotex Corporation 401(K) Plan in Novi, MI ($1,493), and Wickfield Properties 401(K) Plan in Ann Arbor, MI ($681.30), and 7 others, ending with Dortch Enterprises 401(K) Plan in Grand Blanc, MI ($357.20).

beat Troy Design & Manufacturing CMC Bargaining Unit 401(K) Plan in Plymouth, MI ($325.20), BHP 401(K) Plan in Brighton, MI ($316.70), Alexi of Lapeer, Inc. 401(K) Profit Sharing Plan in West Bloomfield, MI ($310.60), and Divined Company in Southfield, MI ($293.50), and others, ending with Loancraft, LLC 401(K) P/S Plan in Troy, MI ($0.00).

References

  1. average employer cash contribution per active participant. Higher values are better. Average employer cash contribution per active participant equals cash contributions from employers, Line 2a(1)(A) 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.
  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.