Benchmarking Novidea Healthcare, Inc. Profit Sharing Plan and Trust in Westlake, OH
against all plans
Novidea Healthcare, Inc. Profit Sharing Plan and Trust in Westlake, OH has the 8th-highest average account balance ($48,826) of the 115 plans whose industry group is Office Administrative Services. That $48,826 compares to an average of $19,856 across those 115 plans.
Beating the average of $19,856 means an extra $5,591,124 in total assets.
Note: average account balance = total assets ÷ total participants
Novidea Healthcare, Inc. Profit Sharing Plan and Trust has these standings
among those 115 peer plans:
- average account balance = $48,826 (8th-highest)
- total assets = $9,423,387 (5th-most)
- total participants = 193 (40th-fewest)
Visualize
Only Novidea Healthcare, Inc. Profit Sharing Plan and Trust in Westlake, OH is in that area
Novidea Healthcare, Inc. Profit Sharing Plan and Trust in Westlake, OH has the 8th-highest average account balance ($48,826) of the 115 plans whose industry group is Office Administrative Services. That $48,826 compares to an average of $19,856 and standard deviation of $14,869 across those 115 plans.
Peers
beat out by The New Horizons Worldwide 401(K) Retirement Savings Plan in Tampa, FL ($66,737), Global Financial Aid Services, Inc. 401(K) Plan in Gulfport, MS ($60,905), Kopp Billing Agency, Inc. 401(K) Plan in Syracuse, NY ($59,222), and Amerisci Group 401(K) Retirement Plan in Midlothian, VA ($54,364), and 3 others, ending with MNS 401(K) Profit Sharing Plan in Dublin, OH ($49,727).
beat CTL Global, Inc. 401(K) Plan in Northlake, IL ($48,286), North Forty 401(K) Plan in Seattle, WA ($46,854), Fidelitas, LLC 401(K) Plan in Boerne, TX ($46,363), and United Physicians 401(K) Plan & Trust in Bingham Farms, MI ($46,268), and 103 others, ending with Sandy Bay Solutions LLC 401(K) Profit Sharing Plan & Trust in New York, NY ($1,327).
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-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.
-
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.