Benchmarking Tundra Technical Solutions USA 401k Plan in Spring, TX against all plans
Tundra Technical Solutions USA 401k Plan in Spring, TX has the 2nd-most participant loans as a percentage of plan assets (7.38%) among the 96 plans whose industry group is Employment Services. That 7.38% compares to an average of 0.93% across those 96 plans.
Reaching the average of 0.93% would imply a savings of $25,450 in participant loans.
Note: participant loans as a percentage of plan assets =
(100 * participant loans) ÷ total assets
Tundra Technical Solutions USA 401k Plan has these standings among those 96 peer plans:
Reaching the average of 0.93% would imply a savings of $25,450 in participant loans.
Note: participant loans as a percentage of plan assets =
(100 * participant loans) ÷ total assets
Tundra Technical Solutions USA 401k Plan has these standings among those 96 peer plans:
- participant loans as a percentage of plan assets = 7.38% (2nd-most)
- participant loans = $29,126 (2nd-most)
- total assets = $394,685 (48th-most)
Visualize
Peers
Riven Rock Staffing 401(K) Plan in Albuquerque, NM is first with 22.73%.
exceeded Apex Therapeutic Services LLC - 401(K) in Great Neck, NY (4.39%), The Mega Force Staffing Group, Inc. & Affiliates 401(K) Plan in Fayetteville, NC (3.91%), Prostaff Solutions Inc. 401(K) Plan in South Amboy, NJ (3.63%), and Wicked Staffing Solutions 401(K) Plan in Londonderry, NH (3.16%), and others, ending with United Staffing Associates, LLC 401k Plan in San Luis Obispo, CA (0.00%).
exceeded Apex Therapeutic Services LLC - 401(K) in Great Neck, NY (4.39%), The Mega Force Staffing Group, Inc. & Affiliates 401(K) Plan in Fayetteville, NC (3.91%), Prostaff Solutions Inc. 401(K) Plan in South Amboy, NJ (3.63%), and Wicked Staffing Solutions 401(K) Plan in Londonderry, NH (3.16%), and others, ending with United Staffing Associates, LLC 401k Plan in San Luis Obispo, CA (0.00%).
References
- whose industry group is. The industry group is the first four 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.