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Benchmarking Kulite Semiconductor Products, Inc. Employees' Profit Sharing and Salary Reduction Plan in Leonia, NJ against all plans

 

Kulite Semiconductor Products, Inc. Employees' Profit Sharing and Salary Reduction Plan in Leonia, NJ has the 4th-lowest total administrative expense ratio (0.001%) among the 48 plans whose industry group is Aerospace Product and Parts Manufacturing. That 0.001% compares to an average of 0.290% across those 48 plans.

Beating the average of 0.290% means a savings of $205,526 in total administrative expenses.

Note: total administrative expense ratio =
(100 * total administrative expenses) ÷ total assets

Kulite Semiconductor Products, Inc. Employees' Profit Sharing and Salary Reduction Plan has these standings among those 48 peer plans:

  • total administrative expense ratio = 0.001% (4th-lowest)

  • total administrative expenses = $725 (4th-lowest)

  • total assets = $70,634,387 (14th-most)

Visualize

 
 

Peers

beat out by Howmet Aerospace Hourly Retirement Savings Plan in Pittsburgh, PA, Howmet Aerospace Salaried Retirement Savings Plan in Pittsburgh, PA, and The Boeing Company 401(K) Retirement Plan in Seattle, WA, all with 0.000%.

beat Kaman Corporation 401k Plan in Bloomfield, CT (0.006%), United Technologies Corporation Employee Savings Plan in Farmington, CT (0.006%), Employees' 401(K) Plan of Tayco Engineering, Inc. in Cypress, CA (0.016%), and Dyna-Empire, Inc. Tax Deferred Savings Plan in Garden City, NY (0.033%), and 40 others, ending with Imaginetics LLC 401(K) Plan in Auburn, WA (1.566%).

References

  1. 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.
  2. total administrative expense ratio. Lower values are better. Total administrative expense ratio (as a percentage) equals total administrative expenses (Line 2i(5), Schedule H) divided by total assets (end of plan year; Line 1f(b) from Schedule H), times 100. To qualify for total administrative expense ratio, the number of total assets must be at least $50,000. 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.