Benchmarking Goudy Honda 401(K) Plan in Alhambra, CA against all plans
Goudy Honda 401(K) Plan in Alhambra, CA has the 6th-highest average participant cash contribution per active participant ($3,027) of the 185 plans that don't provide for automatic enrollment and whose economic sector is Retail Trade. That $3,027 compares to an average of $1,428 across those 185 plans.
Beating the average of $1,428 means an extra $196,661 in participant cash contributions.
Note: average participant cash contribution per active participant =
cash contributions from participants ÷ active participants
Goudy Honda 401(K) Plan has these standings among those 185 peer plans:
Beating the average of $1,428 means an extra $196,661 in participant cash contributions.
Note: average participant cash contribution per active participant =
cash contributions from participants ÷ active participants
Goudy Honda 401(K) Plan has these standings among those 185 peer plans:
- average participant cash contribution per active participant = $3,027 (6th-highest)
- cash contributions from participants = $372,371 (9th-most)
- active participants = 123 (66th-fewest)
Visualize
Peers
beat out by Elk Grove Ford 401k Plan in Elk Grove, CA ($89,440), Fleet Lease Exchange Co., Inc. 401(K) Profit Sharing Plan in Plain City, OH ($11,652), JOKR US Corp 401(K) Plan in Menlo Park, CA ($9,113), and Lunchbox Technologies 401(K) Plan in New York, NY ($7,253), and 1 other.
beat Southtowne Motors of Newnan, Inc. 401(K) Profit Sharing Plan in Newnan, GA ($2,996), Jane Foods, Inc. 401(K) Plan in Lagrange, GA ($2,946), Pulley Operations 401(K) Profit Sharing Plan in Batesville, AR ($2,688), and CBD Industries, LLC 401(K) Plan in Charlotte, NC ($2,605), and others, ending with GP Mobile, LLC Retirement Plan in Dallas, TX ($0.00).
beat Southtowne Motors of Newnan, Inc. 401(K) Profit Sharing Plan in Newnan, GA ($2,996), Jane Foods, Inc. 401(K) Plan in Lagrange, GA ($2,946), Pulley Operations 401(K) Profit Sharing Plan in Batesville, AR ($2,688), and CBD Industries, LLC 401(K) Plan in Charlotte, NC ($2,605), and others, ending with GP Mobile, LLC Retirement Plan in Dallas, TX ($0.00).
References
- 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.
- whose economic sector is. The economic sector is the first two 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.
- average participant cash contribution per active participant. Higher values are better. Average participant cash contribution per active participant equals cash contributions from participants, Line 2a(1)(B) 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.