Butterball LLC Salary & Hourly 401(K) Plan in Garner, NC has the 10th-lowest average account balance ($20,576) of the 734 plans whose economic sector is Manufacturing. That $20,576 compares to an average of $117,309 across those 734 plans.
Reaching the average of $117,309 would imply an extra $621,025,344 in total assets.
Note: average account balance = total assets ÷ total participants
Butterball LLC Salary & Hourly 401(K) Plan has these standings
among those 734 plans:
- average account balance = $20,576 (10th-lowest)
- total assets = $132.10M (300th-least in, tied)
- total participants = 6,420 (14th-most)
Visualize
Only Butterball LLC Salary & Hourly 401(K) Plan in Garner, NC is in that area
Butterball LLC Salary & Hourly 401(K) Plan in Garner, NC has the 10th-lowest average account balance ($20,576) of the 734 plans whose economic sector is Manufacturing. That $20,576 compares to an average of $117,309 and standard deviation of $70,848 across those 734 plans.
Peers
better than Cavco Industries, Inc. 401(K) Plan in Phoenix, AZ ($14,291), Mohawk Industries Retirement Plan 1 in Calhoun, GA ($14,564), Simmons Foods, Inc. 401(K) Retirement Plan and Trust in Siloam Springs, AR ($16,420), and Taylor Fresh Foods, Inc. 401(K) Plan in Salinas, CA ($17,888), and 5 others, ending with Niagara Water Retirement Plan in Diamond Bar, CA ($20,316).
trailed Lear Corporation Hourly Retirement Savings Plan in Southfield, MI ($20,652), Lennox International Inc. 401(K) for Hourly Employees in Richardson, TX ($21,313), Sunrun, Inc. 401(K) Plan in San Francisco, CA ($22,446), and JBP Co. , Inc. 401(K) Savings Plan in Houston, TX ($23,405), and 720 others, ending with Remington Products Company 401(K) Plan and Trust in Wadsworth, OH ($511,570).
References
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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.
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whose economic sector is. The economic sector is the first two 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.