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Benchmarking Divine Healthcare 401(K) Plan in Brooklyn, NY against all plans

 

Divine Healthcare 401(K) Plan in Brooklyn, NY has the 6th-highest average employer cash contribution per active participant ($131.10) of the 25 plans in Brooklyn, NY. That $131.10 compares to an average of $195.70 across those 25 plans.

Reaching the average of $195.70 would imply an extra $44,512 in employer cash contributions.

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

Divine Healthcare 401(K) Plan has these standings among those 25 peer plans:

  • average employer cash contribution per active participant = $131.10 (6th-highest)

  • cash contributions from employers = $90,358 (4th-most)

  • active participants = 689 (8th-most)

Visualize

 
 

Peers

beat out by Catbird NYC, LLC 401(K) Profit Sharing Plan in Brooklyn, NY ($1,965), Clipper Realty, LP 401(K) Plan in Brooklyn, NY ($1,427), Eggs All Day, Inc.401(K) Plan in Brooklyn, NY ($458.30), and Riva Jewelry Manufacturing Inc. Union Profit Sharing Plan in Brooklyn, NY ($452.70), and 1 other.

beat Metropolitan Homecare Way Retirement Plan in Brooklyn, NY ($94.70), Girling Health Center HCS Healthcare 401(K) Plan in Brooklyn, NY ($18.00), Doral Investors Group LLC 401(K) Plan in Brooklyn, NY ($4.90), and Magic Home Care LLC 401(K) Plan in Brooklyn, NY ($0.00), and 15 others, ending with Donia, LLC 401k in Brooklyn, NY ($0.00).

References

  1. in city. Values were kept only if they occurred at least 20 times. 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. 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.