Benchmarking Micro Stamping Corporation Employees' Profit Sharing Plan in Somerset, NJ against all plans
Micro Stamping Corporation Employees' Profit Sharing Plan in Somerset, NJ has the 2nd-highest average account balance ($137,283) of the 68 plans whose industry group is Forging and Stamping. That $137,283 compares to an average of $59,405 across those 68 plans.
Beating the average of $59,405 means an extra $16,665,873 in total assets.
Note: average account balance = total assets ÷ total participants
Micro Stamping Corporation Employees' Profit Sharing Plan has these standings among those 68 peer plans:
Beating the average of $59,405 means an extra $16,665,873 in total assets.
Note: average account balance = total assets ÷ total participants
Micro Stamping Corporation Employees' Profit Sharing Plan has these standings among those 68 peer plans:
- average account balance = $137,283 (2nd-highest)
- total assets = $29,378,610 (12th-most)
- total participants = 214 (12th-fewest)
Visualize
Peers
Meadville Forging Company Profit Sharing Retirement and Savings in Northfield, IL is first with $141,719.
beat G. H. Tool & Mold 401(K) Plan in Washington, MO ($131,282), Wenzel Metal Spinning, Inc. 401(K) Profit Sharing Plan in Fremont, IN ($128,684), Cornell Forge Company 401(K) Plan in Chicago, IL ($128,421), and 401(K) Plan for Employees of Trans-Matic Mfg. Co. in Holland, MI ($112,643), and 62 others, ending with Ironform 401(K) Plan in Lebanon, MO ($16,670).
beat G. H. Tool & Mold 401(K) Plan in Washington, MO ($131,282), Wenzel Metal Spinning, Inc. 401(K) Profit Sharing Plan in Fremont, IN ($128,684), Cornell Forge Company 401(K) Plan in Chicago, IL ($128,421), and 401(K) Plan for Employees of Trans-Matic Mfg. Co. in Holland, MI ($112,643), and 62 others, ending with Ironform 401(K) Plan in Lebanon, MO ($16,670).
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.