Benchmarking Electric Motor & Contracting Co., Inc. 401(K) Profit Sharing Plan in Chesapeake, VA against all plans
Electric Motor & Contracting Co., Inc. 401(K) Profit Sharing Plan in Chesapeake, VA has the 6th-highest average account balance ($105,879) of the 66 plans whose industry group is Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance. That $105,879 compares to an average of $63,259 across those 66 plans.
Beating the average of $63,259 means an extra $10,782,910 in total assets.
Note: average account balance = total assets ÷ total participants
Electric Motor & Contracting Co., Inc. 401(K) Profit Sharing Plan has these standings among those 66 peer plans:
Beating the average of $63,259 means an extra $10,782,910 in total assets.
Note: average account balance = total assets ÷ total participants
Electric Motor & Contracting Co., Inc. 401(K) Profit Sharing Plan has these standings among those 66 peer plans:
- average account balance = $105,879 (6th-highest)
- total assets = $26,787,278 (14th-most)
- total participants = 253 (25th-fewest)
Visualize
Peers
beat out by Dover Hydraulics, Inc. 401k Plan in Dover, OH ($141,670), Perfection Servo Hydraulics, Inc. 401(K) and Profit Sharing Plan in Batavia, IL ($137,003), MSHS Group 401(K) Plan in Fort Lauderdale, FL ($130,118), and BHS Corrugated-North America, Inc. 401 (K) Savings Plan in Knoxville, TN ($126,028), and 1 other.
beat Cogent, Inc. Profit Sharing 401(K) Plan in Riverside, MO ($102,064), In-Place Machining Company 401(K) Plan in Milwaukee, WI ($101,040), Midlands Carrier Transicold 401(K) Plan in Omaha, NE ($100,570), and Hydro, Inc. 401(K) Salary Reduction Plan and Trust in Chicago, IL ($97,994), and 56 others, ending with Maclellan Integrated Services Retirement Plan in Lexington, KY ($10,598).
beat Cogent, Inc. Profit Sharing 401(K) Plan in Riverside, MO ($102,064), In-Place Machining Company 401(K) Plan in Milwaukee, WI ($101,040), Midlands Carrier Transicold 401(K) Plan in Omaha, NE ($100,570), and Hydro, Inc. 401(K) Salary Reduction Plan and Trust in Chicago, IL ($97,994), and 56 others, ending with Maclellan Integrated Services Retirement Plan in Lexington, KY ($10,598).
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.