Benchmarking 401(K) Profit Sharing Plan for Employees of Larchwood Inns, Inc. in Grand Junction, CO against all plans
In Colorado with its 85 plans, only 401(K) Profit Sharing Plan for Employees of Larchwood Inns, Inc. in Grand Junction, CO has both such a high average account balance ($5,895) and such a low total administrative expense per participant ($3.47).
So, any other plan with as high an average account balance also has higher total administrative expense per participant. Likewise, any other plan with as low a total administrative expense per participant also has lower average account balance.
Note: average account balance = total assets ÷ total participants
401(K) Profit Sharing Plan for Employees of Larchwood Inns, Inc. has these standings among those 85 peer plans:
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
401(K) Profit Sharing Plan for Employees of Larchwood Inns, Inc. has these standings among those 85 peer plans:
So, any other plan with as high an average account balance also has higher total administrative expense per participant. Likewise, any other plan with as low a total administrative expense per participant also has lower average account balance.
Note: average account balance = total assets ÷ total participants
401(K) Profit Sharing Plan for Employees of Larchwood Inns, Inc. has these standings among those 85 peer plans:
- average account balance = $5,895 (16th-highest)
- total assets = $960,931 (3rd-most)
- total participants = 163 (38th-fewest, tied)
Note: total administrative expense per participant =
total administrative expenses ÷ total participants
401(K) Profit Sharing Plan for Employees of Larchwood Inns, Inc. has these standings among those 85 peer plans:
- total administrative expense per participant = $3.47 (17th-lowest)
- total administrative expenses = $565 (16th-lowest)
- total participants = 163 (38th-fewest, tied)
Visualize
Peers
closest are Kaart Group 401(K) Plan in Grand Junction, CO ($6,046, $15.62), Bellrock Brands 401(K) Plan in Denver, CO ($5,979, $53.67), RMK Electric 401(K) Plan in Centennial, CO ($7,521, $57.43), and Metro Pavers Inc 401(K) Profit Sharing Plan & Trust in Denver, CO ($6,134, $62.39), ending with Associates In Family Medicine, P.C. 401(K) Profit Sharing Plan in Fort Collins, CO ($12,810, $1,813).
References
- average account balance. Higher values are better. Average account balance equals total assets, in Line 1f(b) from Schedule H, divided by total participants, in Line 6f 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.
- 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.
- 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.