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Benchmarking The Walton Electric Membership Corporation 401 K Plan in Monroe, GA against all plans

 

Of the 140 plans in Georgia, The Walton Electric Membership Corporation 401 K Plan in Monroe, GA is one of just 11 that are better than the overall participant averages in each of net income per total participant, average account balance, employer contributions per active participant, and total administrative expense per participant (4 total).

The Walton Electric Membership Corporation 401 K Plan has these standings among those 140 peer plans plus nationwide comparisons:

  • net income per total participant = $20,382 (31st-highest)
    the nationwide average is $17,596

  • average account balance = $214,175 (12th-highest)
    the nationwide average is $120,693

  • average participant cash contribution per active participant = $7,709 (41st-highest)
    the nationwide average is $9,221

  • average employer cash contribution per active participant = $7,446 (22nd-highest)
    the nationwide average is $5,666

  • total administrative expense per participant = $14.63 (17th-lowest)
    the nationwide average is $149.90

Peers

with Kilpatrick Townsend & Stockton LLP Ret Sav Plan-Plan 2 in Atlanta, GA, Frazier & Deeter, LLC 401(K) Plan in Atlanta, GA, Peachtree Orthopaedic Clinic, P.A. 401(K) Retirement Plan in Atlanta, GA, and North American Electric Reliability Corporation Savings and Investment Plan in Atlanta, GA, and 6 others.

References

  1. are better than the overall participant averages in. Bigger sets are better. (1) The average nationwide value of net income per total participant is $17,596, so better is above that. Average net income per total participant equals net income, Line 2k from Schedule H, divided by total participants, Line 6f of Form 5500. (2) The average nationwide value of average account balance is $120,693, so better is above that. Average account balance equals total assets, in Line 1f(b) from Schedule H, divided by total participants, in Line 6f of Form 5500. (3) The average nationwide value of active-participant contributions per head (average participant cash contribution per active participant) is $9,221, so better is above that. Average participant cash contribution per active participant equals cash contributions from participants, Line 2a(1)(B) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. (4) The average nationwide value of employer contributions per active participant (average employer cash contribution per active participant) is $5,666, so better is above that. Average employer cash contribution per active participant equals cash contributions from employers, Line 2a(1)(A) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), Form 5500. (5) The average nationwide value of total administrative expense per participant is $149.90, so better is below that. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, separated participants who are still living, and deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). Some comparison measures have prerequisites that must be satisfied in order to keep their numeric values, otherwise their value becomes N/A. To qualify for "are better than the overall participant averages in", the value of 'plan year began in' must equal 'q1'. Except where noted, all data come from the 25-September-2025 updates to the year-2023 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. in state. Except where noted, all data come from the 25-September-2025 updates to the year-2023 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.