Powered by OnlyBoth

Benchmarking AMD Global, LLC 401k in Houston, TX against all plans

 

In the Southwest with its 491 plans, AMD Global, LLC 401k in Houston, TX has the lowest average employer+participant cash contribution per active participant ($597) of the 101 plans (from those 491) with at least $753.70 in net income per total participant (AMD Global, LLC 401k is at $971.60).

That is, among those 101 plans that do well on one measure, AMD Global, LLC 401k does least well on a related measure. That $597 compares to an average of $2,115 across those 101 plans.

Reaching the average of $2,115 would imply an extra $312,679 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

AMD Global, LLC 401k has these standings among those 101 peer plans:

  • average employer+participant cash contribution per active participant = $597 (the lowest)

  • average participant cash contribution per active participant = $597.20 (8th-lowest)

  • average employer cash contribution per active participant = $0.00 (the lowest, tied)

Visualize

 
 

Peers

trailed Chaparral Insulation Co. 401(K) Plan in Waco, TX ($614), Dickson Administration 401(K) Plan in Houston, TX ($700), Catalyst Dental 401(K) Plan in Edmond, OK ($705), and Black Rock 401(K) Plan in Scottsdale, AZ ($746), and others, ending with Evergreen Senior Living 401(K) Profit Sharing Plan in Abilene, TX ($21,380).

Taking Action

Read the article A Unique Way to Get Others to Improve to understand the reasoning underlying such benchmarking insights.

References

  1. 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.
  2. net income per total participant. Higher values are better. Average net income per total participant equals net income, Line 2k from Schedule H, divided by total participants, 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.
  3. in region. The 9 regions with their corresponding states or other geographic entities are: New England (CT ME MA NH RI VT), Mid Atlantic (DE DC MD NJ NY PA), Great Lakes (IL IN MI OH WI), Plains (IA KS MN MO NE ND SD), Southeast (AL AR FL GA KY LA MS NC SC TN VA WV), Southwest (AZ NM OK TX), Rocky Mountains (CO ID MT UT WY), Far West (AK CA HI NV OR WA), and Outlying Areas (VI PR GU AS MP). 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.