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Benchmarking Bruce Packing Co., Inc. 401(K) Profit Sharing Plan in Woodburn, OR against all plans

 

Bruce Packing Co., Inc. 401(K) Profit Sharing Plan in Woodburn, OR has the 11th-highest yield on beginning-of-plan-year total assets (-13.56%) among the 156 plans that are self-administered by the plan sponsor, not collectively-bargained, don't provide for automatic enrollment, have total assets of $10M to $50M, and have 1,000 to 4,999 total participants. That -13.56% compares to an average of -16.69% across those 156 plans.

Beating the average of -16.69% means an extra $804,200 in net earnings on investments.

Note: yield on beginning-of-plan-year total assets =
(100 * net earnings on investments) รท total assets at beginning of plan year

Bruce Packing Co., Inc. 401(K) Profit Sharing Plan has these standings among those 156 peer plans:

  • yield on beginning-of-plan-year total assets = -13.56% (11th-highest)

  • net earnings on investments = -$3,480,811 (41st-highest)

  • total assets at beginning of plan year = $25,665,790 (59th-least)

and these values satisfy the maximum allowed for calculating yield from beginning assets:

  • asset transfers to this plan = $0

  • asset transfers from this plan = $0

and these values provide further relevant context:

  • cash contributions from participants = $2,015,438

  • cash contributions from employers = $1,241,652

  • total contributions = $3,262,006

Visualize

 
 

Peers

beat out by The Mundy Companies Retirement Savings Plan in Houston, TX (-11.27%), 9W Halo Opco L.P. Retirement Savings Plan F/K/A Angelica Corporation Retirement Savings Plan in Illinois, IL (-11.52%), Alternate Solutions Healthcare System, Inc 401(K) in Kettering, OH (-12.54%), and Monterey Mushrooms 401(K) Plan in Watsonville, CA (-12.68%), and 6 others, ending with L & F Distributors 401(K) Plan in McAllen, TX (-13.49%).

beat Briad Affliated Companies 401(K) Plan in Livingston, NJ (-13.58%), Oliver's Market 401(K) Profit Sharing Plan in Santa Rosa, CA (-13.75%), Cti Foods 401(K) Plan and Trust in Southlake, TX (-13.84%), and Mirabito Holdings, Inc. 401(K) Plan in Binghamton, NY (-13.89%), and others, ending with Heartland Veterinary Partners 401(K) Plan in Chicago, IL (-24.58%).

References

  1. self-administered by the plan sponsor. 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. 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.
  3. collectively-bargained. 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.
  4. 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.
  5. total participants bracket. We partitioned total participants into eight brackets: 0-9, 10-24, 25-49, 50-99, 100-499, 500-999, 1000-4999, 5000-24999, and 25000 or more. 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.
  6. 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.