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Benchmarking Nestle USA, Inc. Hourly Retirement Savings Plan in Solon, OH against all plans

 

Nestle USA, Inc. Hourly Retirement Savings Plan in Solon, OH has the 11th-lowest total administrative expense ratio (0.004%) among the 86 Ohio plans. That 0.004% compares to an average of 0.066% across those 86 plans.

Beating the average of 0.066% means a savings of $205,409 in total administrative expenses.

Note: total administrative expense ratio =
(100 * total administrative expenses) รท total assets

Nestle USA, Inc. Hourly Retirement Savings Plan has these standings among those 86 plans:

  • total administrative expense ratio = 0.004% (11th-lowest)

  • total administrative expenses = $11,850 (11th-lowest)

  • total assets = $327.50M (24th-least)

Visualize

 
 

Peers

beat out by Precision Strip Retirement and Savings Plan in Minster, OH (-0.073%), The David J. Joseph Company Retirement Savings Plan in Cincinnati, OH (-0.012%), Cincinnati Bell Retirement Savings Plan in Cincinnati, OH (-0.009%), and Materion Corporation Retirement Savings Plan in Mayfield Heights, OH (-0.008%), and 6 others, ending with Baker & Hostetler LLP Supplemental/401k Retirement Plan in Cleveland, OH (0.001%).

beat Central Ohio Primary Care Physicians, Inc. Savings Plan in Westerville, OH (0.006%), Ak Steel Corporation Thrift Plan - Plan Document A in West Chester, OH (0.011%), Ak Steel Corporation Thrift Plan - Plan Document C in West Chester, OH (0.011%), and Diebold, Incorporated 401(K) Savings Plan in North Canton, OH (0.012%), and 71 others, ending with Local No. 8 Ibew Retirement Plan & Trust in Rossford, OH (0.290%).

References

  1. in state. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. total administrative expense ratio. Lower values are better. Total administrative expense ratio (as a percentage) equals total administrative expenses (Line 2i(5), Schedule H) divided by total assets (Line 1f of Schedule H), multiplied by 100. To qualify for total administrative expense ratio, the number of total assets must be greater than $100K. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.