Benchmarking McCreary Modern, Inc. Employees' 401(K) Plan in Newton, NC against all plans
McCreary Modern, Inc. Employees' 401(K) Plan in Newton, NC has the highest average account balance ($45,775) of the 59 plans in North Carolina with at least 838 active participants. That $45,775 compares to an average of $18,566 across those 59 plans.
Beating the average of $18,566 means an extra $24,569,650 in total assets.
But it's still under the median of $61,187 and average of $73,812 across 561 plans that, like it, are in North Carolina.
Note: average account balance = total assets รท total participants
McCreary Modern, Inc. Employees' 401(K) Plan has these standings among those 59 peer plans:
Beating the average of $18,566 means an extra $24,569,650 in total assets.
But it's still under the median of $61,187 and average of $73,812 across 561 plans that, like it, are in North Carolina.
Note: average account balance = total assets รท total participants
McCreary Modern, Inc. Employees' 401(K) Plan has these standings among those 59 peer plans:
- average account balance = $45,775 (the highest)
- total assets = $41,334,746 (12th-most)
- total participants = 903 (the fewest)
Visualize
Peers
after McCreary Modern, Inc. Employees' 401(K) Plan in Newton, NC ($45,775, 838), closest are Ncino, Inc. 401(K) Plan in Wilmington, NC ($41,680, 997), Hugh Chatham Memorial Hospital, Inc. 401(K) Plan in Elkin, NC ($39,886, 855), Trialcard, Incorporated 401(K) Profit Plan and Trust in Morrisville, NC ($38,862, 904), and Crossroads Ford, Inc. 401(K) Plan in Wake Forest, NC ($33,317, 960), ending with Variety Wholesalers, Inc. Retirement Savings 401(K) Plan in Henderson, NC ($2,336, 13,099).
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-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 state. 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.
- active participants. Total number of active participants at the end of the plan year, Line 6a(2) in 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.