Plans » Benchmarking Engine
Benchmarking Hyundai Autoever America 401(K) Plan in Fountain Valley, CA against
good (12)
neutral (3)
Hyundai Autoever America 401(K) Plan in Fountain Valley, CA has the 10th-lowest total administrative expense ratio (-0.076%) among the 2,432 plans that don't provide for automatic enrollment. That -0.076% compares to an average of 0.150% across those 2,432 plans.
Beating the average of 0.150% means a savings of $162,846 in total administrative expenses.
Note: total administrative expense ratio =
(100 * total administrative expenses) ÷ total assets
Hyundai Autoever America 401(K) Plan has these standings among those 2,432 peer plans:
Beating the average of 0.150% means a savings of $162,846 in total administrative expenses.
Note: total administrative expense ratio =
(100 * total administrative expenses) ÷ total assets
Hyundai Autoever America 401(K) Plan has these standings among those 2,432 peer plans:
- total administrative expense ratio = -0.076% (10th-lowest)
- total administrative expenses = -$54,049 (10th-lowest)
- total assets = $70,883,585 (1,070th-most)
- 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.
- 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 (end of plan year; Line 1f(b) from Schedule H), times 100. To qualify for total administrative expense ratio, the number of total assets must be at least $50,000. 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.
Hyundai Autoever America 401(K) Plan in Fountain Valley, CA is in California, its EIN is 510531094, its industry group is Computer Systems Design and Related Services, its plan administrator is Cristina Pena, is covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, its business code is 541519, has 100 to 499 total participants, is better than the overall plan medians in each of total income, net income, yield on beginning-of-plan-year total assets, and diversity of asset types (4 total), is better than the overall participant averages in each of net income per total participant, average account balance, active-participant contributions per head, and total administrative expense per participant (4 total), and is lower than the overall administrative medians in each of other administrative expenses, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- net assets (assets minus liabilities) ($70.90M)
- total assets ($70,883,585)
- total assets at beginning of plan year ($62,008,672)
- value of interest in registered investment companies (e.g., mutual funds) ($61.70M)
- total income ($14,591,852)
- earnings on investments ($10,095,131)
- net earnings on investments ($10,095,131)
- net income ($8,874,913)
- value of interest in common/collective trusts ($8,540,885)
- total expenses ($5,716,939)
- total contributions ($4,496,721)
- cash contributions from participants ($3,285,064)
- cash contributions from employers ($1,015,027)
- participant loans ($637,116)
- average account balance ($200,236)
- net income per total participant ($25,070)
- average participant cash contribution per active participant ($11,902)
- average employer cash contribution per active participant ($3,678)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($1,125)
- total noninterest-bearing cash ($0)
- receivables employer contributions ($0)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- corrective distributions ($0)
- professional fees ($0)
- contract administrator fees ($0)
- investment advisory and management fees ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- total administrative expense per participant (-$152.68)
- other administrative expenses (-$54,049)
- total administrative expenses (-$54,049)
- percentage of active participants (78.0%)
- yield on beginning-of-plan-year total assets (16.28%)
- diversity of asset types (13.2%)
- participant loans as a percentage of plan assets (0.90%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- total administrative expense ratio (-0.076%)
- active participants (276)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (354)
- other retired or separated participants entitled to future benefits (77)
- retired or separated participants receiving benefits (1)
- total participants (354)
Global References