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Benchmarking Arc Riverside 401(K) Plan in Riverside, CA against all plans

 

Arc Riverside 401(K) Plan in Riverside, CA has the 3rd-highest average employer cash contribution per active participant ($620.10) of the 35 plans in the Far West that are not an ERISA section 404(c) plan. That $620.10 compares to an average of $295.00 across those 35 plans.

Beating the average of $295.00 means an extra $23,081 in employer cash contributions.

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

Arc Riverside 401(K) Plan has these standings among those 35 peer plans:

  • average employer cash contribution per active participant = $620.10 (3rd-highest)

  • cash contributions from employers = $44,025 (8th-most)

  • active participants = 71 (6th-fewest)

Visualize

 
 

Peers

beat out by Sanders Candy Factory, Inc. 401(K) Plan in Baldwin Park, CA ($4,848) and Riepen LLC 401k Plan in Arcadia, CA ($2,241).

beat Centered Health, LLC Retirement Plan in Culver City, CA ($532.20), Ldi Trucking, Inc. Retirement Plan in Pomona, CA ($520.50), Verdugo Hills Autism Project 401(K) Plan in Van Nuys, CA ($348.50), and Hope of the Valley 401(K) Plan and Trust in Pacoima, CA ($228.50), and others, ending with Corporation 401(K) Plan in Pomona, CA ($0.00).

References

  1. an ERISA section 404(c) plan. An “ERISA section 404(c) Plan” is an individual account plan described in section 3(34) of the Act that: (i) provides an opportunity for a participant or beneficiary to exercise control over assets in his individual account, and (ii) provides a participant or beneficiary an opportunity to choose, from a broad range of investment alternatives, the manner in which some or all of the assets in his account are invested. Feature code 2F within Line 8a 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.
  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.
  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.