Benchmarking Tandem HR, Inc. 401(K) Plan in Westchester, IL against all plans
Tandem HR, Inc. 401(K) Plan in Westchester, IL has the highest average account balance ($28,668) of the 121 plans with at least 8,173 living participants. That $28,668 compares to an average of $12,918 across those 121 plans.
Beating the average of $12,918 means an extra $128,724,336 in total assets.
But it's still under the median of $106,039 and average of $144,458 across all 211 plans that, like it, are in Illinois.
Note: average account balance = total assets ÷ total participants
Tandem HR, Inc. 401(K) Plan has these standings among those 121 plans:
Beating the average of $12,918 means an extra $128,724,336 in total assets.
But it's still under the median of $106,039 and average of $144,458 across all 211 plans that, like it, are in Illinois.
Note: average account balance = total assets ÷ total participants
Tandem HR, Inc. 401(K) Plan has these standings among those 121 plans:
- average account balance = $28,668 (the highest)
- total assets = $234.30M (14th-most)
- total participants = 8,173 (the fewest)
Visualize
Peers
after Tandem HR, Inc. 401(K) Plan in Westchester, IL ($28,668, 8,173), closest are Cumberland Farms, Inc. Employee Savings Plan in Westborough, MA ($28,250, 8,809), The Goodyear Tire & Rubber Company Savings Plan for Retail Employees in Akron, OH ($27,766, 8,705), Primoris Services Corporation 401(K) Retirement Savings Plan in Dallas, TX ($26,078, 9,136), and Guaranteed Rate, Inc. 401(K) Plan in Chicago, IL ($26,037, 8,333), ending with Allegis Group, Inc. Retirement Savings Plan Two in Hanover, MD ($824.10, 176,414).
References
- 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.
- living participants. Total of active, retired, or separated participants who are still living. Line 6d in 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.