Benchmarking Ilitch Holdings 401(K) Plan in Detroit, MI against all plans
Ilitch Holdings 401(K) Plan in Detroit, MI has the 7th-highest average account balance ($41,296) of the 31 plans whose economic sector is Accommodation and Food Services. That $41,296 compares to an average of $29,822 across those 31 plans.
Beating the average of $29,822 means an extra $59,088,776 in total assets.
But it's still under the median of $83,734 and average of $125,712 across all 97 plans that, like it, are in Michigan.
Note: average account balance = total assets ÷ total participants
Ilitch Holdings 401(K) Plan has these standings among those 31 peer plans:
Beating the average of $29,822 means an extra $59,088,776 in total assets.
But it's still under the median of $83,734 and average of $125,712 across all 97 plans that, like it, are in Michigan.
Note: average account balance = total assets ÷ total participants
Ilitch Holdings 401(K) Plan has these standings among those 31 peer plans:
- average account balance = $41,296 (7th-highest)
- total assets = $212,674,199 (7th-most)
- total participants = 5,150 (13th-fewest)
Visualize
Peers
beat out by Southern Ute Indian Tribe Retirement Savings Plan in Ignacio, CO ($122,742), Ny Hotels Trades Council & Assn. of NYC, Inc Employee Benefit Funds Staff Retirement Plan and Trust in New York, NY ($104,891), Dine Brands Global, Inc. 401(K) Plan in Pasadena, CA ($71,728), and Choice Hotels International, Inc. Retirement Savings and Investment Plan in Rockville, MD ($67,994), and 2 others, ending with Flagler System, Inc. Employees' Savings Plan in Palm Beach, FL ($50,202).
beat Pebble Beach Company 401(K) Plan in Pebble Beach, CA ($37,245), Pechanga Development Corporation 401(K) Plan in Temecula, CA ($35,335), Grubhub, Inc. 401(K) Retirement Plan in Chicago, IL ($33,693), and Cca Industries, Inc. 401(K) Profit Sharing Plan in Richmond, VA ($31,252), and 20 others, ending with Culinary and Bartenders 401(K) Plan in Las Vegas, NV ($1,530).
beat Pebble Beach Company 401(K) Plan in Pebble Beach, CA ($37,245), Pechanga Development Corporation 401(K) Plan in Temecula, CA ($35,335), Grubhub, Inc. 401(K) Retirement Plan in Chicago, IL ($33,693), and Cca Industries, Inc. 401(K) Profit Sharing Plan in Richmond, VA ($31,252), and 20 others, ending with Culinary and Bartenders 401(K) Plan in Las Vegas, NV ($1,530).
References
- average account balance. Higher values are better. Average account balance equals total assets, in Line 1f(b) from Schedule H, divided by total participants, in Line 6f of Form 5500. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- 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-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.