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Benchmarking R. S. Hanline & Co., Inc. 401(K) Profit Sharing Plan in Shelby, OH against all plans

 

In the Great Lakes area with its 4,255 plans, R. S. Hanline & Co., Inc. 401(K) Profit Sharing Plan in Shelby, OH has the lowest average account balance ($26,370) of the 2,864 plans (from those 4,255) with at most 401 living participants (R. S. Hanline & Co., Inc. 401(K) Profit Sharing Plan is at 396). That $26,370 compares to an average of $101,549 across those 2,864 plans.

Reaching the average of $101,549 would imply an extra $29,770,936 in total assets.

Note: average account balance = total assets รท total participants

R. S. Hanline & Co., Inc. 401(K) Profit Sharing Plan has these standings among those 2,864 peer plans:

  • average account balance = $26,370 (the lowest)

  • total assets = $10,442,724 (124th-least)

  • total participants = 396 (29th-most, tied)

Visualize

 
 

Peers

trailed J.B. Sullivan, Inc. Retirement Plan in Savanna, IL ($26,437), Daybreak Foods Inc 401(K) Plan in Lake Mills, WI ($26,659), Patriot Software Company 401(K) Plan in Canton, OH ($26,770), and Nu-Way Logistics, Inc. 401(K) Plan in Bloomington, IL ($27,915), and others, ending with Joe Daniels Construction Company, Inc. Retirement Plan in Madison, WI ($433,880).

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. in region. The 9 regions with their corresponding states or other geographic entities are: New England (CT ME MA NH RI VT), Mid Atlantic (DE DC MD NJ NY PA), Great Lakes (IL IN MI OH WI), Plains (IA KS MN MO NE ND SD), Southeast (AL AR FL GA KY LA MS NC SC TN VA WV), Southwest (AZ NM OK TX), Rocky Mountains (CO ID MT UT WY), Far West (AK CA HI NV OR WA), and Outlying Areas (VI PR GU AS MP). 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.
  3. living participants. Total of active, retired, or separated participants who are still living. Line 6d 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.