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Benchmarking HGS 401(K) Retirement Plan in Peoria, IL against all plans

 

HGS 401(K) Retirement Plan in Peoria, IL has the 2nd-lowest average account balance ($8,956) of the 83 plans whose industry group is Business Support Services. That $8,956 compares to an average of $56,983 across those 83 plans.

Reaching the average of $56,983 would imply an extra $102,633,208 in total assets.

Note: average account balance = total assets ÷ total participants

HGS 401(K) Retirement Plan has these standings among those 83 peer plans:

  • average account balance = $8,956 (2nd-lowest)

  • total assets = $19,139,833 (33rd-most)

  • total participants = 2,137 (3rd-most)

Visualize

 
 

Peers

Acticall Sitel Group 401(K) Plan in Nashville, TN is first with $5,747.

trailed Majorel USA, Inc in Valencia, CA ($10,787), Telus International (U.S.) Corp. 401(K) Plan in Las Vegas, NV ($16,088), Optima Tax Relief, LLC 401(K) Profit Sharing Plan in Santa Ana, CA ($16,628), and CBE Companies 401(K) Retirement Plan in Cedar Falls, IA ($16,676), and 77 others, ending with Lazard Middle Market LLC 401(K) Profit Sharing Plan in Minneapolis, MN ($375,554).

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.