Benchmarking Detroit Chassis LLC Union Employees Retirement Readiness 401(K) Plan in Detroit, MI against all plans
Detroit Chassis LLC Union Employees Retirement Readiness 401(K) Plan in Detroit, MI has the 7th-lowest average employer+participant cash contribution per active participant ($180) of the 124 Michigan plans. That $180 compares to an average of $9,974 across those 124 plans.
Reaching the average of $9,974 would imply an extra $2,203,669 in employer+participant cash contributions.
Note: average employer+participant cash contribution per active participant = average participant cash contribution per active participant + average employer cash contribution per active participant
Detroit Chassis LLC Union Employees Retirement Readiness 401(K) Plan has these standings among those 124 peer plans:
Reaching the average of $9,974 would imply an extra $2,203,669 in employer+participant cash contributions.
Note: average employer+participant cash contribution per active participant = average participant cash contribution per active participant + average employer cash contribution per active participant
Detroit Chassis LLC Union Employees Retirement Readiness 401(K) Plan has these standings among those 124 peer plans:
- average employer+participant cash contribution per active participant = $180 (7th-lowest, tied)
- average participant cash contribution per active participant = $108.20 (7th-lowest)
- average employer cash contribution per active participant = $72.00 (53rd-highest)
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Peers
better than Big Boy Restaurant Group LLC 401(K) Plan in Southfield, MI ($75), Precision Service Group Inc in Ferndale, MI ($84), Lajoy Group 401(K) Plan in Livonia, MI ($99), and America's Back Office Aso 401(K) and Profit Sharing Plan (Abo Staffing Services, Inc. in Sterling Heights, MI ($101), and 2 others, ending with Johnny Black's Public House 401(K) Plan in Rochester Hills, MI ($146).
tied with Preferred Care of Michigan 401(K) Plan in Lansing, MI ($180).
trailed Coordinated Care Professional Services, LLC 401(K) Plan in Flint, MI ($200), Jackson Food Service, Inc. Employees Profit Sharing Trust in Madison Heights, MI ($209), Christian Care 401(K) Profit Sharing Plan & Trust in Muskegon, MI ($224), and Tfi Enterprises Inc. 401(K) Plan in Southfield, MI ($233), and others, ending with Level One Bank 401(K) Profit Sharing Plan and Trust in Farmington Hills, MI ($1,032,750).
tied with Preferred Care of Michigan 401(K) Plan in Lansing, MI ($180).
trailed Coordinated Care Professional Services, LLC 401(K) Plan in Flint, MI ($200), Jackson Food Service, Inc. Employees Profit Sharing Trust in Madison Heights, MI ($209), Christian Care 401(K) Profit Sharing Plan & Trust in Muskegon, MI ($224), and Tfi Enterprises Inc. 401(K) Plan in Southfield, MI ($233), and others, ending with Level One Bank 401(K) Profit Sharing Plan and Trust in Farmington Hills, MI ($1,032,750).
References
- average employer+participant cash contribution per active participant. Higher values are better. Average employer+participant cash contribution per active participant equals the sum of cash contributions from employers, Line 2a(1)(A), plus cash contributions from participants, Line 2a(1)(B), both 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.
- 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.