Benchmarking Profit Sharing Plan for Employees of AllianceBernstein L.P. in Nashville, TN against all plans
Profit Sharing Plan for Employees of AllianceBernstein L.P. in Nashville, TN has the 2nd-lowest total administrative expense per participant ($0.00) of the 122 plans in the Southeast that provide for automatic enrollment. That $0.00 compares to an average of $82.49 across those 122 plans.
Beating the average of $82.49 means a decrease of $467,487 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses รท total participants
Profit Sharing Plan for Employees of AllianceBernstein L.P. has these standings among those 122 peer plans:
Beating the average of $82.49 means a decrease of $467,487 in total administrative expenses.
Note: total administrative expense per participant =
total administrative expenses รท total participants
Profit Sharing Plan for Employees of AllianceBernstein L.P. has these standings among those 122 peer plans:
- total administrative expense per participant = $0.00 (2nd-lowest, tied)
- total administrative expenses = $0 (2nd-lowest, tied)
- total participants = 5,667 (18th-fewest)
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Peers
Thales Incentive 401(K) Savings Plan in Arlington, VA is first with -$16.12.
tied with Huntington Ingalls Industries Savings Plan in Newport News, VA, Hearst Retirement Savings Plan in Charlotte, NC, Deferred Profit-Sharing Plan for Salaried Employees in Richmond, VA, HCA 401(K) Plan in Nashville, TN, and 2 others, all with $0.00.
beat Bluecross Blueshield of Tennessee Employee Retirement Savings Program in Chattanooga, TN ($5.73), CRH Americas 401(K) Plan in Atlanta, GA ($6.81), Savings and Supplemental Retirement Plan of Novant Health, Inc. in Winston-Salem, NC ($7.04), and Food Lion, LLC Retirement Savings Plan in Salisbury, NC ($13.08), and 110 others, ending with Siemens Energy, Inc. Savings Plan in Orlando, FL ($738.72).
tied with Huntington Ingalls Industries Savings Plan in Newport News, VA, Hearst Retirement Savings Plan in Charlotte, NC, Deferred Profit-Sharing Plan for Salaried Employees in Richmond, VA, HCA 401(K) Plan in Nashville, TN, and 2 others, all with $0.00.
beat Bluecross Blueshield of Tennessee Employee Retirement Savings Program in Chattanooga, TN ($5.73), CRH Americas 401(K) Plan in Atlanta, GA ($6.81), Savings and Supplemental Retirement Plan of Novant Health, Inc. in Winston-Salem, NC ($7.04), and Food Lion, LLC Retirement Savings Plan in Salisbury, NC ($13.08), and 110 others, ending with Siemens Energy, Inc. Savings Plan in Orlando, FL ($738.72).
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 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- in region. The 9 regions with their corresponding states or other geographic entities are: New England (CT ME MA NH RI VT), Mid Atlantic (DE DC MD NJ NY PA), Great Lakes (IL IN MI OH WI), Plains (IA KS MN MO NE ND SD), Southeast (AL AR FL GA KY LA MS NC SC TN VA WV), Southwest (AZ NM OK TX), Rocky Mountains (CO ID MT UT WY), Far West (AK CA HI NV OR WA), and Outlying Areas (VI PR GU AS MP). Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- total administrative expense per participant. Lower values are better. Total administrative expense per participant is a ratio that equals total administrative expenses (Line 2i(5), Schedule H) divided by total participants, i.e. the sum of active, retired, or separated participants who are still living, plus deceased participants whose beneficiaries receive or are entitled to benefits (Line 6f of Form 5500). To qualify for total administrative expense per participant, the number of total assets must be at least $50,000. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.