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Benchmarking Wiregrass Rehabilitation Center, Inc 401(K) Plan in Dothan, AL against all plans

 

Wiregrass Rehabilitation Center, Inc 401(K) Plan in Dothan, AL has the 3rd-highest yield on beginning-of-plan-year total assets (-11.97%) among the 30 plans whose industry group is Vocational Rehabilitation Services. That -11.97% compares to an average of -15.72% across those 30 plans.

Beating the average of -15.72% means an extra $74,255 in net earnings on investments.

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

Wiregrass Rehabilitation Center, Inc 401(K) Plan has these standings among those 30 peer plans:

  • yield on beginning-of-plan-year total assets = -11.97% (3rd-highest)

  • net earnings on investments = -$236,976 (10th-highest)

  • total assets at beginning of plan year = $1,980,132 (11th-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 = $96,799

  • cash contributions from employers = $72,261

  • total contributions = $169,060

Visualize

 
 

Peers

beat out by Goodwill of Central Alabama Federal Contract Employee's Plan in Montgomery, AL (-4.79%) and New York Center for Rehabilitation and Nursing Employee Retirement Plan in Astoria, NY (-7.80%).

beat Bass River, Inc Profit Sharing Plan in Beverly, MA (-12.65%), Friends of Children of Special Needs 401(K) Plan in Fremont, CA (-13.20%), Suburban Adult Services, Inc. 401(K) Plan in Elma, NY (-13.43%), and Goodwill Industries 401(K) Plan in Montgomery, AL (-14.10%), and others, ending with Communitas, Inc. 401k Profit Sharing Plan & Trust in Wakefield, MA (-21.95%).

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. 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.