Benchmarking Frankel Loughran Starr & Vallone LLP Employee Retirement Plan in Garden City, NY against all plans
Frankel Loughran Starr & Vallone LLP Employee Retirement Plan in Garden City, NY has the highest average account balance ($132,849) of the 73 plans whose industry group is Accounting, Tax Preparation, Bookkeeping, and Payroll Services and have at most $17.10M in net assets (assets minus liabilities). That $132,849 compares to an average of $58,260 across those 73 plans.
Beating the average of $58,260 means an extra $9,621,924 in total assets.
Note: average account balance = total assets ÷ total participants
Frankel Loughran Starr & Vallone LLP Employee Retirement Plan has these standings among those 73 peer plans:
Beating the average of $58,260 means an extra $9,621,924 in total assets.
Note: average account balance = total assets ÷ total participants
Frankel Loughran Starr & Vallone LLP Employee Retirement Plan has these standings among those 73 peer plans:
- average account balance = $132,849 (the highest)
- total assets = $17,137,551 (2nd-most)
- total participants = 129 (4th-fewest, tied)
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Peers
after Frankel Loughran Starr & Vallone LLP Employee Retirement Plan in Garden City, NY ($132,849, $17.10M), closest are Kruggel, Lawton & Co. Employees' Benefit Plan in South Bend, IN ($131,200, $17.10M), KMH LLP 401(K) Profit Sharing Plan in Honolulu, HI ($124,555, $16.10M), S.R. Snodgrass, P.C. Employee 401(K) Retirement Savings Plan in Cranberry Township, PA ($114,615, $13.50M), and Red Development LLC 401(K) Profit Sharing Plan in Phoenix, AZ ($104,923, $14.20M), ending with Congruity HR Retirement Savings Plan in Winston-Salem, NC ($4,568, $11.20M).
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-July-2024 updates to the year-2022 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-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- net assets (assets minus liabilities). At end of plan year. Net assets equal total assets minus total liabilities. Line 1l from Schedule H. Except where noted, all data come from the 25-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.