Benchmarking BGC Partners, Inc. Deferral Plan for Employees of BGC Partners, Inc., Cantor Fitzgerald, L.P. and Its Affiliates in New York, NY against all plans
BGC Partners, Inc. Deferral Plan for Employees of BGC Partners, Inc., Cantor Fitzgerald, L.P. and Its Affiliates in New York, NY has the highest average participant cash contribution per active participant ($12,765) of the 46 plans that are multiple-employer and have at least 2,017 active participants. That $12,765 compares to an average of $4,416 across those 46 plans.
Beating the average of $4,416 means an extra $16,839,416 in participant cash contributions.
Note: average participant cash contribution per active participant =
cash contributions from participants รท active participants
BGC Partners, Inc. Deferral Plan for Employees of BGC Partners, Inc., Cantor Fitzgerald, L.P. and Its Affiliates has these standings among those 46 peer plans:
Beating the average of $4,416 means an extra $16,839,416 in participant cash contributions.
Note: average participant cash contribution per active participant =
cash contributions from participants รท active participants
BGC Partners, Inc. Deferral Plan for Employees of BGC Partners, Inc., Cantor Fitzgerald, L.P. and Its Affiliates has these standings among those 46 peer plans:
- average participant cash contribution per active participant = $12,765 (the highest)
- cash contributions from participants = $25,747,111 (19th-most)
- active participants = 2,017 (the fewest)
Visualize
Peers
after BGC Partners, Inc. Deferral Plan for Employees of BGC Partners, Inc., Cantor Fitzgerald, L.P. and Its Affiliates in New York, NY ($12,765, 2,017), closest are Chick-Fil-A, Inc. 401(K) Plan in Atlanta, GA ($11,345, 4,374), Federated Mutual Insurance Company 401(K) Plan in Owatonna, MN ($10,343, 2,776), The Savannah River Nuclear Solutions, LLC Defined Contribution Plan in Aiken, SC ($10,197, 8,661), and CDM Smith Inc. Capital Accumulation Plan in Boston, MA ($9,958, 3,560), ending with Randstad North America 401(K) Plan in Atlanta, GA ($423.70, 88,305).
References
- average participant cash contribution per active participant. Higher values are better. 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. 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.
- are plan type. A plan is a multiemployer plan if: (a) more than one employer is required to contribute, (b) the plan is maintained pursuant to one or more collective bargaining agreements between one or more employee organizations and more than one employer; (c) an election under Code section 414(f)(5) and ERISA section 3(37)(E) has not been made; and (d) the plan meets any other applicable conditions of 29 CFR 2510.3-37. A single-employer plan for this Form 5500 reporting purpose is an employee benefit plan maintained by one employer or one employee organization. A multiple-employer plan is a plan that is maintained by more than one employer and is not one of the plans already described. 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.