Powered by OnlyBoth

Benchmarking New Horizons Qualified Retirement Plan in Nashville, TN against all plans

 

New Horizons Qualified Retirement Plan in Nashville, TN has the 5th-highest total administrative expense per participant ($109.53) of the 83 Tennessee plans. That $109.53 compares to an average of $307.71 across those 83 plans.

Beating the average of $307.71 means a decrease of $25,170 in total administrative expenses.

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

New Horizons Qualified Retirement Plan has these standings among those 83 peer plans:

  • total administrative expense per participant = $109.53 (5th-highest)

  • total administrative expenses = $13,910 (13th-highest)

  • total participants = 127 (21st-fewest)

Visualize

 
 

Peers

better than Creditcorp 401(K) Profit Sharing Plan in Cleveland, TN ($20,694), Buffalo River Health Care, LLC 401(K) Plan in Linden, TN ($269.08), Golden Circle Temporary Services, Inc. 401(K) Profit Sha in Jackson, TN ($175.72), and Martha O'Bryan Center 401(K) Plan in Nashville, TN ($110.42).

exceeded Chattanooga Goodwill Industries, Inc. 401(K) Plan and Trust in Chattanooga, TN ($108.47), Southern Spear Iron Works 401(K) PSP & Trust in Chattanooga, TN ($99.34), Primrose Mulch 401(K) Plan in Nashville, TN ($87.72), and Liquidmetal Coatings Enterprises , LLC 401k Plan in Chattanooga, TN ($86.92), and others, ending with Lakeway Christian Schools 401(K) Plan in Morristown, TN ($0.00).

References

  1. 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.
  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.