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Benchmarking Westside Donut Ventures LLC 401(K) Plan in New York, NY against all plans

 

Westside Donut Ventures LLC 401(K) Plan in New York, NY has the 10th-highest yield on beginning-of-plan-year total assets (3.76%) among all the 3,690 plans. That 3.76% compares to an average of -19.19% across those 3,690 plans.

Beating the nationwide average of -19.19% means an extra $8,056 in net earnings on investments.

Note: yield on beginning-of-plan-year total assets =
(100 * net earnings on investments) รท total assets at beginning of plan year

Westside Donut Ventures LLC 401(K) Plan has these standings among all the 3,690 plans:

  • yield on beginning-of-plan-year total assets = 3.76% (10th-highest)

  • net earnings on investments = $1,321 (46th-highest)

  • total assets at beginning of plan year = $35,110 (589th-least)

and these values satisfy the maximum allowed for calculating yield from beginning assets:

  • asset transfers to the plan = $0

  • asset transfers from the plan = $0

and these values provide further relevant context:

  • cash contributions from participants = $63,326

  • cash contributions from employers = $8,997

  • total contributions = $72,323

Visualize

 
 

Peers

beat out by PPL Events Inc 401(K) Profit Sharing Plan & Trust in Tampa, FL (707.86%), The Foresight Mep 401(K) Plan in Provo, UT (93.62%), Unicity Homecare 401(K) Profit Sharing Plan & Trust in Rochelle Park, NJ (72.68%), and Spacetel LLC 401(K) Profit Sharing Plan & Trust in Fresno, CA (63.50%), and 5 others, ending with C2C Technical Services, LLC Retirement Trust in Texas City, TX (4.09%).

beat Autism Center of Nebraska, Inc 401(K) Plan in Omaha, NE (3.44%), Tumalo Industries, LLC 401(K) Plan in Bend, OR (3.32%), Howard Industries, Inc. Employees' Retirement Services Plan in Ellisville, MS (3.30%), and De Beukelaer Corporation 401(K) Retirement Plan in Madison, MS (2.68%), and others, ending with Magic Home Care LLC 401(K) Plan in Brooklyn, NY (-489.18%).

References

  1. yield on beginning-of-plan-year total assets. Higher values are better. To qualify, the total assets at the beginning of the plan year must be above zero, and either (1) both the asset transfers to the plan and asset transfers from the plan during the plan year must be zero, or (2) the sum of the absolute values of both asset transfers must be less than 1% of the total assets at the beginning of the plan year. If it qualifies, the yield on beginning-of-plan-year total assets (as a percentage) equals net earnings on investments divided by total assets at the beginning of the plan year, times 100. The above quantities are all from Schedule H: Assets transfer to the plan is Line 2l(1). Assets transfer from the plan is Line 2l(2). Net earnings on investments is the sum of the ten column (b) entries from 2b, minus investment advisory and management fees (Line 2i(3)). Total assets at the beginning of the plan year is Line 1f(a). 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.