Plans » Benchmarking Engine
Benchmarking The Schroer Group Employees 401k Profit Sharing Plan & Trust in North Canton, OH against
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The Schroer Group Employees 401k Profit Sharing Plan & Trust in North Canton, OH has the 9th-most active participants (3,061) of the 204 Ohio plans. Those 3,061 compare to an average of 1,532 across the 204 plans.
- 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.
- active participants. Total number of active participants at the end of the plan year, Line 6a(2) in 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.
The Schroer Group Employees 401k Profit Sharing Plan & Trust in North Canton, OH is in Ohio, its EIN is 010916887, its industry group is Nursing and Residential Care Facilities, its plan administrator is George Film, is a profit-sharing plan, 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 623000, has 1,000 to 4,999 total participants, is worse than the overall plan medians in each of total liabilities, total income, net income, participant loans as a percentage of plan assets, yield on beginning-of-plan-year total assets, and diversity of asset types (6 total), is worse than the overall participant averages in each of net income per total participant, average account balance, active-participant contributions per head, and employer contributions per active participant (4 total), and is higher than the overall administrative medians in each of professional fees, total administrative expenses, and total administrative expense ratio.
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Numeric values:
- total assets ($61,329,616)
- net assets (assets minus liabilities) ($61.30M)
- value of interest in registered investment companies (e.g., mutual funds) ($57.10M)
- total assets at beginning of plan year ($55,812,769)
- total income ($11,396,736)
- earnings on investments ($7,291,301)
- net earnings on investments ($7,291,301)
- total expenses ($5,837,523)
- net income ($5,559,213)
- total contributions ($4,105,435)
- cash contributions from participants ($3,432,302)
- value of funds held in insurance company general account (unallocated contracts) ($3,066,513)
- participant loans ($1,000,865)
- cash contributions from employers ($527,521)
- professional fees ($313,972)
- total administrative expenses ($313,972)
- receivables participant contributions ($99,473)
- total liabilities ($53,667)
- receivables employer contributions ($53,486)
- average account balance ($17,613)
- net income per total participant ($1,597)
- other receivables (not employer nor participant contributions) ($1,456)
- average participant cash contribution per active participant ($1,121)
- average employer cash contribution per active participant ($172.30)
- total administrative expense per participant ($90.17)
- total noninterest-bearing cash ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($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 common/collective trusts ($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)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- corrective distributions ($0)
- contract administrator fees ($0)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- percentage of active participants (87.9%)
- yield on beginning-of-plan-year total assets (13.06%)
- diversity of asset types (9.4%)
- participant loans as a percentage of plan assets (1.63%)
- total administrative expense ratio (0.510%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (3,061)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (3,482)
- other retired or separated participants entitled to future benefits (421)
- retired or separated participants receiving benefits (0)
- total participants (3,482)
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