Benchmarking Dav Force Retirement Plan in Norman, OK against all plans
Dav Force Retirement Plan in Norman, OK has the 10th-most participant loans as a percentage of plan assets (8.21%) among the 311 plans whose economic sector is Administrative and Support and Waste Management and Remediation Services. That 8.21% compares to an average of 1.43% across those 311 plans.
Reaching the average of 1.43% would imply a savings of $11,756 in participant loans.
Note: participant loans as a percentage of plan assets =
(100 * participant loans) ÷ total assets
Dav Force Retirement Plan has these standings among those 311 peer plans:
Reaching the average of 1.43% would imply a savings of $11,756 in participant loans.
Note: participant loans as a percentage of plan assets =
(100 * participant loans) ÷ total assets
Dav Force Retirement Plan has these standings among those 311 peer plans:
- participant loans as a percentage of plan assets = 8.21% (10th-most)
- participant loans = $14,237 (48th-most)
- total assets = $173,447 (74th-least)
Visualize
Peers
better than Riven Rock Staffing 401(K) Plan in Albuquerque, NM (22.73%), Technostaff LLC 401(K) Profit Sharing Plan and Trust in Fairfield, NJ (20.95%), Efficient Facilities International Retirement Plan in Grapevine, TX (14.66%), and Ada Traffic Control Ltd 401(K) Profit Sharing Plan in Colchester, VT (11.65%), and 5 others, ending with Servicemaster By Stratos Savings Plan in Memphis, TN (8.23%).
exceeded Wastezero 401(K) Plan in Raleigh, NC (7.77%), Tundra Technical Solutions USA 401k Plan in Spring, TX (7.38%), Environmental Service Concepts, LLC Employees' 401(K) Savings Plan in West Chester, PA (7.26%), and Premiere Building Maintenance Corp 401k Profit Sharing Plan & Trust in Knoxville, TN (7.15%), and others, ending with Creditsafe USA Inc. 401(K) Plan in Allentown, PA (0.00%).
exceeded Wastezero 401(K) Plan in Raleigh, NC (7.77%), Tundra Technical Solutions USA 401k Plan in Spring, TX (7.38%), Environmental Service Concepts, LLC Employees' 401(K) Savings Plan in West Chester, PA (7.26%), and Premiere Building Maintenance Corp 401k Profit Sharing Plan & Trust in Knoxville, TN (7.15%), and others, ending with Creditsafe USA Inc. 401(K) Plan in Allentown, PA (0.00%).
References
- whose economic sector is. The economic sector is the first two digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. 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.
- 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.