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Benchmarking Paylocity 401(K) Profit Sharing Plan and Trust in Schaumburg, IL against all plans

 

Paylocity 401(K) Profit Sharing Plan and Trust in Schaumburg, IL has the 3rd-lowest average account balance ($41,802) of the 26 plans whose industry group is Accounting, Tax Preparation, Bookkeeping, and Payroll Services. That $41,802 compares to an average of $142,115 across those 26 plans.

Reaching the average of $142,115 would imply an extra $414,191,040 in total assets.

Note: average account balance = total assets ÷ total participants

Paylocity 401(K) Profit Sharing Plan and Trust has these standings among those 26 plans:

  • average account balance = $41,802 (3rd-lowest)

  • total assets = $172.60M (6th-most)

  • total participants = 4,129 (3rd-most)

Visualize

 
 

Peers

better than Isolved Peo, LLC 401(K) Plan in San Diego, CA ($18,902) and Paycom 401(K) Plan in Oklahoma City, OK ($29,140).

trailed Paycor 401(K) Plan in Cincinnati, OH ($59,130), The Siegfried Group's 401(K) Plan in Wilmington, DE ($84,980), Newport Group, Inc. 401(K) Plan in Walnut Creek, CA ($90,698), and Mazars USA LLP Retirement & Savings Plan in New York, NY ($97,322), and 19 others, ending with Maverick Capital, Ltd. 401(K) Plan in Dallas, TX ($524,766).

References

  1. average account balance. Higher values are better. Average account balance equals total assets, in Line 1f of Schedule H, divided by total participants, in Line 6f of Form 5500. Except where noted, all data come from the 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
  2. 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 25-Mar-2022 updates to the year-2020 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.