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Benchmarking Oldenburg Group Incorporated Savings Plan in Glendale, WI against all plans

 

Oldenburg Group Incorporated Savings Plan in Glendale, WI has the 6th-highest average account balance ($117,629) of the 35 plans whose industry group is Agriculture, Construction, and Mining Machinery Manufacturing and provide for automatic enrollment. That $117,629 compares to an average of $85,329 across those 35 plans.

Beating the average of $85,329 means an extra $7,558,280 in total assets.

Note: average account balance = total assets ÷ total participants

Oldenburg Group Incorporated Savings Plan has these standings among those 35 peer plans:

  • average account balance = $117,629 (6th-highest)

  • total assets = $27,525,271 (17th-least)

  • total participants = 234 (13th-fewest)

Visualize

 
 

Peers

beat out by LBX Employees' Savings & Investment Plan in Lexington, KY ($186,461), Global TBM Company Retirement Savings Plan in Solon, OH ($176,067), T-L Irrigation Co. Profit Sharing Plan in Hastings, NE ($140,277), and Young Corporation 401(K) Retirement Plan Trust in Seattle, WA ($127,969), and 1 other.

beat Webb-Stiles Company 401(K) Profit Sharing Plan in Valley City, OH ($112,229), McLanahan Corporation Employee's 401(K) Retirement Plan in Hollidaysburg, PA ($112,031), Wacker Neuson America Corporation Bargaining Unit 401(K) Plan in Menomonee Falls, WI ($111,693), and McLaughlin Body Company 401(K) Plan in Moline, IL ($102,802), and 25 others, ending with JCB, Inc. 401(K) Retirement Plan in Pooler, GA ($26,622).

References

  1. provide for automatic enrollment. 401(k) plan or 403(b) plan that provides for automatic enrollment in a plan that has elective contributions deducted from payroll. Feature code 2S within Line 8a 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. 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.
  3. 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.