Benchmarking Ada Traffic Control Ltd 401(K) Profit Sharing Plan in Colchester, VT against all plans
Ada Traffic Control Ltd 401(K) Profit Sharing Plan in Colchester, VT has the most participant loans as a percentage of plan assets (11.65%) among all the 145 New England plans. That 11.65% compares to an average of 1.43% across those 145 plans.
Reaching the average of 1.43% would imply a savings of $30,414 in participant loans.
Note: participant loans as a percentage of plan assets =
(100 * participant loans) รท total assets
Ada Traffic Control Ltd 401(K) Profit Sharing Plan has these standings among those 145 peer plans:
Reaching the average of 1.43% would imply a savings of $30,414 in participant loans.
Note: participant loans as a percentage of plan assets =
(100 * participant loans) รท total assets
Ada Traffic Control Ltd 401(K) Profit Sharing Plan has these standings among those 145 peer plans:
- participant loans as a percentage of plan assets = 11.65% (the most)
- participant loans = $34,667 (8th-most)
- total assets = $297,684 (50th-least)
Visualize
Peers
exceeded Envision Bank 401k Plan in Easthampton, MA (10.68%), Lord Hobo Brewing Company 401(K) Plan in Woburn, MA (8.59%), Alternative Home Health Care LLC 401(K) Plan Profit Sharing Plan in Methuen, MA (8.21%), and Rand Whitney 401(K) Plan for Bargaining Units in Foxborough, MA (7.42%), and others, ending with Adie Conway Inc 401(K) Profit Sharing Plan & Trust in Chelmsford, MA (0.00%).
References
- participant loans as a percentage of plan assets. Lower values are better. Participant loans as a percentage of plan assets equals participant loans, Line 1c(8) from Schedule H, divided by total assets, Line 1f(b) from Schedule H, times 100. A high value may indicate excessive borrowing from participants' retirement accounts. To qualify for participant loans as a percentage of plan assets, 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.
- 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.