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Benchmarking Hamill Manufacturing Company 401(K) Profit Sharing Plan in Trafford, PA against
good (3)
neutral (1)
Hamill Manufacturing Company 401(K) Profit Sharing Plan in Trafford, PA has the 3rd-highest average account balance ($118,612) of the 35 plans whose industry group is Architectural and Structural Metals Manufacturing. That $118,612 compares to an average of $57,261 across those 35 plans.
Beating the average of $57,261 means an extra $8,405,091 in total assets.
Note: average account balance = total assets ÷ total participants
Hamill Manufacturing Company 401(K) Profit Sharing Plan has these standings among those 35 peer plans:
Beating the average of $57,261 means an extra $8,405,091 in total assets.
Note: average account balance = total assets ÷ total participants
Hamill Manufacturing Company 401(K) Profit Sharing Plan has these standings among those 35 peer plans:
- average account balance = $118,612 (3rd-highest)
- total assets = $16,249,914 (16th-most)
- total participants = 137 (6th-fewest)
- average account balance. Higher values are better. Average account balance equals total assets, in Line 1f(b) from Schedule H, divided by total participants, in Line 6f of Form 5500. 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.
- 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.
Hamill Manufacturing Company 401(K) Profit Sharing Plan in Trafford, PA is in Pennsylvania, its EIN is 251057462, its industry group is Architectural and Structural Metals Manufacturing, its plan administrator is James Carroll, 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 332300, has 100 to 499 total participants, is worse than the overall participant averages in each of active-participant contributions per head, employer contributions per active participant, and total administrative expense per participant, and is higher than the overall administrative medians in each of investment advisory and management fees, other administrative expenses, total administrative expenses, and total administrative expense ratio.
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Numeric values:
- total assets at beginning of plan year ($19,311,184)
- total assets ($16,249,914)
- net assets (assets minus liabilities) ($16.20M)
- value of interest in registered investment companies (e.g., mutual funds) ($14.40M)
- value of interest in common/collective trusts ($1,558,342)
- total contributions ($841,818)
- total expenses ($758,947)
- cash contributions from participants ($565,932)
- cash contributions from employers ($272,385)
- participant loans ($246,924)
- average account balance ($118,612)
- total administrative expenses ($52,209)
- other administrative expenses ($45,017)
- investment advisory and management fees ($7,192)
- average participant cash contribution per active participant ($5,192)
- average employer cash contribution per active participant ($2,499)
- total administrative expense per participant ($381.09)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($309)
- 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)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- net income per total participant (-$22,345)
- total income (-$2,302,323)
- net income (-$3,061,270)
- earnings on investments (-$3,144,141)
- net earnings on investments (-$3,151,333)
- percentage of active participants (79.6%)
- diversity of asset types (12.4%)
- participant loans as a percentage of plan assets (1.52%)
- total administrative expense ratio (0.320%)
- 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 (-16.32%)
- active participants (109)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (137)
- other retired or separated participants entitled to future benefits (27)
- retired or separated participants receiving benefits (1)
- total participants (137)
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