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Benchmarking Rigidply Rafters, Inc. Employee Savings & Retirement Plan in Richland, PA against all plans

 

Rigidply Rafters, Inc. Employee Savings & Retirement Plan in Richland, PA has the 4th-highest average account balance ($87,636) of the 25 plans whose industry group is Veneer, Plywood, and Engineered Wood Product Manufacturing. That $87,636 compares to an average of $55,852 across those 25 plans.

Beating the average of $55,852 means an extra $6,897,084 in total assets.

Note: average account balance = total assets ÷ total participants

Rigidply Rafters, Inc. Employee Savings & Retirement Plan has these standings among those 25 peer plans:

  • average account balance = $87,636 (4th-highest)

  • total assets = $19,017,087 (12th-most)

  • total participants = 217 (7th-fewest)

Visualize

 
 

Peers

beat out by Great Lakes Veneer, Inc. Savings and Retirement Plan in Marion, WI ($126,235), Crenshaw Lumber Co., Inc. Profit Sharing Plan in Gardena, CA ($102,108), and Hardel Mutual Plywood Corporation 401(K) Profit Sharing Plan in Chehalis, WA ($102,075).

beat B & B Lumber Company, Inc. Profit Sharing Plan in Jamesville, NY ($77,151), Scotch Companies 401(K) Profit Sharing Plan in Fulton, AL ($76,368), Danzer Group 401(K) Retirement Plan in Darlington, PA ($72,024), and NHS, Inc. 401(K) Plan in Santa Cruz, CA ($71,325), and 17 others, ending with Wellborn Cabinet, Inc. 401(K) Profit Sharing Plan in Ashland, AL ($15,628).

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-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.
  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-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.