Powered by OnlyBoth

Benchmarking Scari Organization McDonalds Franchises 401(K) Plan in Hackettstown, NJ against all plans

 

Scari Organization McDonalds Franchises 401(K) Plan in Hackettstown, NJ has the 10th-lowest total administrative expense per participant ($0.37) of the 122 plans in New Jersey that have 100 to 499 total participants. That $0.37 compares to an average of $23.37 across those 122 plans.

Beating the average of $23.37 means a decrease of $5,659 in total administrative expenses.

Note: total administrative expense per participant =
total administrative expenses รท total participants

Scari Organization McDonalds Franchises 401(K) Plan has these standings among those 122 peer plans:

  • total administrative expense per participant = $0.37 (10th-lowest)

  • total administrative expenses = $91 (17th-lowest)

  • total participants = 246 (39th-most)

Visualize

 
 

Peers

beat out by Unicon Pharma Inc. 401(K) Plan in South Plainfield, NJ ($0.00), LMH Holdings, LLC 401(K) Plan in Plainfield, NJ ($0.00), CHG NJ 401(K) Plan in Vineland, NJ ($0.00), and Gem Ambulance 401(K) Plan in Lakewood, NJ ($0.00), and 5 others, ending with Ega Foods LLC 401(K) Plan in Lincoln Park, NJ ($0.31).

beat 403(B) Thrift Plan for Employees of Avidd Community Services of New Jersey in Denville, NJ ($0.93), 403(B) Thrift Plan of New Concepts for Living, Inc. in Rochelle Park, NJ ($0.99), SJS Hospitality LLC 401k Plan in Edgewater, NJ ($1.83), and CSS Building Services Inc 401(K) Profit Sharing Plan & Trust in North Brunswick, NJ ($2.30), and others, ending with Down To Earth Landscaping 401(K) Plan in Jackson, NJ ($145.43).

References

  1. 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.
  2. 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.
  3. total participants bracket. We partitioned total participants into eight brackets: 0-9, 10-24, 25-49, 50-99, 100-499, 500-999, 1000-4999, 5000-24999, and 25000 or more. 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.