Plans » Benchmarking Engine
Benchmarking Enkei America, Inc. Savings Plan in Columbus, IN against
good (2)
neutral (5)
Enkei America, Inc. Savings Plan in Columbus, IN has the 12th-highest yield on beginning-of-plan-year total assets (-14.33%) among the 71 plans whose industry group is Motor Vehicle Parts Manufacturing. That -14.33% compares to an average of -16.65% across those 71 plans.
Beating the average of -16.65% means an extra $899,529 in net earnings on investments.
Note: yield on beginning-of-plan-year total assets =
(100 * net earnings on investments) ÷ total assets at beginning of plan year
Enkei America, Inc. Savings Plan has these standings among those 71 peer plans:
Beating the average of -16.65% means an extra $899,529 in net earnings on investments.
Note: yield on beginning-of-plan-year total assets =
(100 * net earnings on investments) ÷ total assets at beginning of plan year
Enkei America, Inc. Savings Plan has these standings among those 71 peer plans:
- yield on beginning-of-plan-year total assets = -14.33% (12th-highest)
- net earnings on investments = -$5,564,398 (28th-lowest)
- total assets at beginning of plan year = $38,832,594 (22nd-most)
- asset transfers to this plan = $0
- asset transfers from this plan = $0
- cash contributions from participants = $1,297,818
- cash contributions from employers = $724,107
- total contributions = $2,076,834
- whose industry group is. The industry group is the first four digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 2-October-2023 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- yield on beginning-of-plan-year total assets. Higher values are better. To qualify, the total assets at the beginning of the plan year must be above zero, and either (1) both the asset transfers to the plan and asset transfers from the plan during the plan year must be zero, or (2) the sum of the absolute values of both asset transfers must be less than 1% of the total assets at the beginning of the plan year. If it qualifies, the yield on beginning-of-plan-year total assets (as a percentage) equals net earnings on investments divided by total assets at the beginning of the plan year, times 100. The above quantities are all from Schedule H: Assets transfer to the plan is Line 2l(1). Assets transfer from the plan is Line 2l(2). Net earnings on investments is the sum of the ten column (b) entries from 2b, minus investment advisory and management fees (Line 2i(3)). Total assets at the beginning of the plan year is Line 1f(a). Except where noted, all data come from the 2-October-2023 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
Enkei America, Inc. Savings Plan in Columbus, IN is in Indiana, its EIN is 351656521, its industry group is Motor Vehicle Parts Manufacturing, its plan administrator is Jennifer Thayer, 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, has total assets of $10M to $50M, its business code is 336300, has 500 to 999 total participants, is worse than the overall participant averages in each of average account balance, active-participant contributions per head, employer contributions per active participant, and total administrative expense per participant (4 total), and is higher than the overall administrative medians in each of contract administrator fees, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- total assets at beginning of plan year ($38,832,594)
- net assets (assets minus liabilities) ($31.80M)
- total assets ($31,793,301)
- value of interest in registered investment companies (e.g., mutual funds) ($17.10M)
- value of interest in common/collective trusts ($7,556,232)
- value of interest in pooled separate accounts ($6,056,324)
- total expenses ($3,529,160)
- total contributions ($2,076,834)
- cash contributions from participants ($1,297,818)
- participant loans ($1,012,641)
- cash contributions from employers ($724,107)
- contract administrator fees ($135,343)
- total administrative expenses ($135,343)
- receivables participant contributions ($49,254)
- average account balance ($44,591)
- receivables employer contributions ($28,120)
- average participant cash contribution per active participant ($1,952)
- average employer cash contribution per active participant ($1,089)
- total administrative expense per participant ($189.82)
- total noninterest-bearing cash ($0)
- other receivables (not employer nor participant contributions) ($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 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)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- net income per total participant (-$9,873)
- total income (-$3,510,133)
- earnings on investments (-$5,564,398)
- net earnings on investments (-$5,564,398)
- net income (-$7,039,293)
- percentage of active participants (93.3%)
- diversity of asset types (35.1%)
- participant loans as a percentage of plan assets (3.19%)
- total administrative expense ratio (0.430%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- yield on beginning-of-plan-year total assets (-14.33%)
- active participants (665)
- deceased participants whose beneficiaries receive or are entitled to benefits (4)
- living participants (709)
- other retired or separated participants entitled to future benefits (44)
- retired or separated participants receiving benefits (0)
- total participants (713)
Global References