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Benchmarking Nichols Brothers Boat Builders Retirement Plan in Freeland, WA against all plans

 

Nichols Brothers Boat Builders Retirement Plan in Freeland, WA has the 6th-highest average account balance ($81,528) of the 30 plans whose industry group is Ship and Boat Building. That $81,528 compares to an average of $52,884 across those 30 plans.

Beating the average of $52,884 means an extra $4,926,716 in total assets.

Note: average account balance = total assets ÷ total participants

Nichols Brothers Boat Builders Retirement Plan has these standings among those 30 peer plans:

  • average account balance = $81,528 (6th-highest)

  • total assets = $14,022,885 (8th-least)

  • total participants = 172 (3rd-fewest)

Visualize

 
 

Peers

beat out by Delta Marine Industries, Incorporated Employees' Retirement Plan in Seattle, WA ($166,766), United States Marine Inc 401(K) Plan in Gulfport, MS ($153,715), Merritt's Boat & Engine 401(K) Plan in Pompano Beach, FL ($101,052), and Palmer Johnson Incentive Savings Plan in Sun Prairie, WI ($100,009), and 1 other.

beat Conrad Industries Retirement Plan in Morgan City, LA ($76,461), Grady-White Boats, Inc. Retirement Savings Plan in Greenville, NC ($66,092), The Talaria Company, LLC 401k Retirement Savings Plan in Portsmouth, RI ($60,603), and KCS Companies 401(K) Plan in Oconto, WI ($55,944), and 20 others, ending with Mastercraft Boat Company, Inc. 401k Plan in Vonore, TN ($15,817).

References

  1. 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.
  2. 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.