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Benchmarking Cassidy Tire Company 401(K) Plan in Addison, IL against all plans

 

Cassidy Tire Company 401(K) Plan in Addison, IL has the 2nd-highest average account balance ($74,466) of the 84 plans whose industry group is Automotive Parts, Accessories, and Tire Stores. That $74,466 compares to an average of $29,136 across those 84 plans.

Beating the average of $29,136 means an extra $4,850,300 in total assets.

Note: average account balance = total assets ÷ total participants

Cassidy Tire Company 401(K) Plan has these standings among those 84 peer plans:

  • average account balance = $74,466 (2nd-highest)

  • total assets = $7,967,919 (11th-most)

  • total participants = 107 (8th-fewest, tied)

Visualize

 
 

Peers

T.O.HAAS 401k Employees 401k Savings Plan in Lincoln, NE is first with $136,839.

beat Ken Washington Auto Parts, Inc. 401(K) P/S Plan in Sunbury, OH ($69,456), Rowerdink, Inc. 401(K) Profit Sharing Plan in Grand Rapids, MI ($68,277), Forrest Brothers Tire Company, Inc. 401k Plan in Odessa, TX ($66,902), and Moore's Tire Sales, Inc. 401(K) Retirement Plan in Owego, NY ($61,224), and 78 others, ending with Autozone Puerto Rico, Inc. Retirement Savings Plan in Memphis, TN ($1,847).

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-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. 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.