Benchmarking Mott Corporation 401(K) Plan in Farmington, CT against all plans
Mott Corporation 401(K) Plan in Farmington, CT has the 7th-highest average account balance ($119,042) of the 77 plans whose industry group is Forging and Stamping. That $119,042 compares to an average of $69,080 across those 77 plans.
Beating the average of $69,080 means an extra $12,890,172 in total assets.
Note: average account balance = total assets ÷ total participants
Mott Corporation 401(K) Plan has these standings among those 77 peer plans:
Beating the average of $69,080 means an extra $12,890,172 in total assets.
Note: average account balance = total assets ÷ total participants
Mott Corporation 401(K) Plan has these standings among those 77 peer plans:
- average account balance = $119,042 (7th-highest)
- total assets = $30,712,882 (20th-most)
- total participants = 258 (27th-fewest, tied)
Visualize
Peers
beat out by Micro Stamping Corporation Employees' Profit Sharing Plan in Somerset, NJ ($183,744), Meadville Forging Company Profit Sharing Retirement and Savings in Northfield, IL ($177,976), G. H. Tool & Mold 401(K) Plan in Washington, MO ($167,452), and 401(K) Plan for Employees of Trans-Matic Mfg. Co. in Holland, MI ($142,731), and 2 others, ending with Kenmode Tool and Engineering, Inc. 401(K) Plan in Algonquin, IL ($127,159).
beat Tate Access Floors, Inc. Retirement Savings Plan in Jessup, MD ($112,471), Jonaco Machine Deferred Savings and Profit Sharing Plan in Chaska, MN ($101,872), Mustad USA, Inc. 401(K) Retirement Plan in Forest Lake, MN ($99,933), and Hobson & Motzer, Inc. 401k Plan in Durham, CT ($98,276), and 66 others, ending with Ironform 401(K) Plan in Lebanon, MO ($21,659).
beat Tate Access Floors, Inc. Retirement Savings Plan in Jessup, MD ($112,471), Jonaco Machine Deferred Savings and Profit Sharing Plan in Chaska, MN ($101,872), Mustad USA, Inc. 401(K) Retirement Plan in Forest Lake, MN ($99,933), and Hobson & Motzer, Inc. 401k Plan in Durham, CT ($98,276), and 66 others, ending with Ironform 401(K) Plan in Lebanon, MO ($21,659).
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.
- 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-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.