Benchmarking DNV GL USA, Inc. 401(K) Plan in Katy, TX against all plans
DNV GL USA, Inc. 401(K) Plan in Katy, TX has the 12th-highest net income per total participant ($21,940) of the 35 plans in Texas that are a profit-sharing plan, an ERISA section 404(c) plan, self-administered by the plan sponsor, not collectively-bargained, provide for automatic enrollment, and have 1,000 to 4,999 total participants. That $21,940 compares to an average of $18,869 across those 35 plans.
Beating the average of $18,869 means an extra $7,631,498 in net income.
Note: net income per total participant = net income ÷ total participants
DNV GL USA, Inc. 401(K) Plan has these standings among those 35 peer plans:
Beating the average of $18,869 means an extra $7,631,498 in net income.
Note: net income per total participant = net income ÷ total participants
DNV GL USA, Inc. 401(K) Plan has these standings among those 35 peer plans:
- net income per total participant = $21,940 (12th-highest)
- net income = $54,521,193 (15th-highest)
- total participants = 2,485 (13th-fewest)
Visualize
Peers
beat out by Electric Reliability Council of Texas 401(K) Savings Plan in Taylor, TX ($49,805), Akin Gump Strauss Hauer & Feld LLP Section 401(K) Profit Sharing Plan in Dallas, TX ($40,167), Dimensional Fund Advisors Deferred Compensation and Profit Sharing Plan in Austin, TX ($38,605), and Cheniere Retirement Plan in Houston, TX ($34,601), and 7 others, ending with Pay Deferral and Savings Plan of Hines Interests Limited Partnership in Houston, TX ($22,725).
beat MHI Shared Services Americas Inc. 401k Plan in Houston, TX ($21,535), The Employee 401(K) Retirement Plan in Dallas, TX ($19,535), Elbit Systems of America Consolidated 401k Savings Plan in Fort Worth, TX ($19,303), and BT U.S. Retirement Savings Plan 401(K) in Dallas, TX ($19,292), and 19 others, ending with Ensco Savings Plan in Houston, TX (-$13,194).
beat MHI Shared Services Americas Inc. 401k Plan in Houston, TX ($21,535), The Employee 401(K) Retirement Plan in Dallas, TX ($19,535), Elbit Systems of America Consolidated 401k Savings Plan in Fort Worth, TX ($19,303), and BT U.S. Retirement Savings Plan 401(K) in Dallas, TX ($19,292), and 19 others, ending with Ensco Savings Plan in Houston, TX (-$13,194).
References
- self-administered by the plan sponsor. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- provide for automatic enrollment. 401(k) plan or 403(b) plan that provides for automatic enrollment in a plan that has elective contributions deducted from payroll. Feature code 2S within Line 8a of Form 5500. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- an ERISA section 404(c) plan. An “ERISA section 404(c) Plan” is an individual account plan described in section 3(34) of the Act that: (i) provides an opportunity for a participant or beneficiary to exercise control over assets in his individual account, and (ii) provides a participant or beneficiary an opportunity to choose, from a broad range of investment alternatives, the manner in which some or all of the assets in his account are invested. Feature code 2F within Line 8a of Form 5500. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- collectively-bargained. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- net income per total participant. Higher values are better. Average net income per total participant equals net income, Line 2k from Schedule H, divided by total participants, Line 6f of Form 5500. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- a profit-sharing plan. Feature code 2E within Line 8a of Form 5500. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- in state. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- 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-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.