Benchmarking Retirement Savings Plan of Hy Cite Enterprises, LLC in Middleton, WI against all plans
Retirement Savings Plan of Hy Cite Enterprises, LLC in Middleton, WI has the highest average employer cash contribution per active participant ($4,550) of the 28 plans with at least 354 active participants and that are in Wisconsin, provide for automatic enrollment, and have total assets of $10M to $50M. That $4,550 compares to an average of $1,650 across those 28 plans.
Beating the average of $1,650 means an extra $1,026,539 in employer cash contributions.
Note: average employer cash contribution per active participant =
cash contributions from employers รท active participants
Retirement Savings Plan of Hy Cite Enterprises, LLC has these standings among those 28 peer plans:
Beating the average of $1,650 means an extra $1,026,539 in employer cash contributions.
Note: average employer cash contribution per active participant =
cash contributions from employers รท active participants
Retirement Savings Plan of Hy Cite Enterprises, LLC has these standings among those 28 peer plans:
- average employer cash contribution per active participant = $4,550 (the highest)
- cash contributions from employers = $1,610,732 (3rd-most)
- active participants = 354 (the fewest)
Visualize
Peers
after Retirement Savings Plan of Hy Cite Enterprises, LLC in Middleton, WI ($4,550, 354), closest are Consolidated Retirement Plan in Onalaska, WI ($4,512, 612), Zero Zone, Inc. 401(K) Savings Plan in North Prairie, WI ($4,256, 436), Trilliant Food & Nutrition 401(K) Plan in Little Chute, WI ($2,709, 530), and Waterstone Mortgage 401(K) Plan in Pewaukee, WI ($2,138, 543), ending with Boston, Inc. Profit Sharing Plan in Stevens Point, WI ($0.00, 505).
References
- 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 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.
- average employer cash contribution per active participant. Higher values are better. 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. 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.
- in state. 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.
- 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 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.
- total assets bracket. We partitioned total assets into these brackets: $1B or more, $250M to below $1B, $100M to below $250M, $50M to below $100M, $10M to below $50M, $1M to below $10M, and $1 to below $1M. 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.