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Benchmarking In-Roads Creative Programs, Inc. 401(K) Plan in Highland, CA against all plans

 

In-Roads Creative Programs, Inc. 401(K) Plan in Highland, CA has the 9th-lowest total administrative expense per participant ($3.59) of the 55 plans whose industry group is Individual and Family Services. That $3.59 compares to an average of $32.93 across those 55 plans.

Beating the average of $32.93 means a decrease of $10,329 in total administrative expenses.

Note: total administrative expense per participant =
total administrative expenses ÷ total participants

In-Roads Creative Programs, Inc. 401(K) Plan has these standings among those 55 peer plans:

  • total administrative expense per participant = $3.59 (9th-lowest)

  • total administrative expenses = $1,262 (17th-lowest)

  • total participants = 352 (5th-most)

Visualize

 
 

Peers

beat out by Sierra Madre Learning Center Total Programs Retirement Plan in Sierra Madre, CA ($0.39), Hope Human Services 401(K) Plan in Lakewood, WA ($1.13), 403(B) Thrift Plan for Employees of Family Service Association in Moreno Valley, CA ($1.86), and Tax Deferred Annuity Plan of United Families, Inc. in El Centro, CA ($2.10), and 4 others, ending with Family Tree 401(K) Plan in Houston, TX ($3.27).

beat Carolina Hearts Home Care 401(K) P/S Plan in Laurinburg, NC ($5.36), Youth Services System, Inc. 401(K) Plan in Wheeling, WV ($5.83), Employee Benefit Plan of Paradise Oaks Youth Services in Citrus Heights, CA ($6.36), and The Teen Project Inc 401k Plan in Sun Valley, CA ($6.65), and others, ending with The Center for Women and Families, Inc. 401(K) Plan in Louisville, KY ($293.64).

References

  1. 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.
  2. total administrative expense per participant. Lower values are better. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, separated participants who are still living, and deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). To qualify for total administrative expense per participant, 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.