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Benchmarking Minnesota Twist Drill 401(K) Retirement Plan in Chisholm, MN against all plans

 

Minnesota Twist Drill 401(K) Retirement Plan in Chisholm, MN has the highest average account balance ($58,647) of all the 11 plans within 50 miles. That $58,647 compares to an average of $29,838 across those 11 plans.

Beating the average of $29,838 means an extra $3,024,974 in total assets.

Note: average account balance = total assets ÷ total participants

Minnesota Twist Drill 401(K) Retirement Plan has these standings among those 11 peer plans:

  • average account balance = $58,647 (the highest)

  • total assets = $6,157,934 (4th-most)

  • total participants = 105 (3rd-fewest)

Visualize

 
 

Peers

beat Range Mental Health Center, Inc. Retirement Savings Plan in Virginia, MN ($44,992), Edwards Oil Company Employees Profit Sharing & 401(K) Plan in Virginia, MN ($38,494), Arrowhead Promotion & Fulfillment Co., Inc. 401(K) Plan in Grand Rapids, MN ($36,598), and Lake Country Power Holdings, Inc. 401(K) Retirement Savings Plan in Grand Rapids, MN ($34,680), and 6 others, ending with CLK Management Co., Inc. 401(K) Profit Sharing Plan in Hibbing, MN ($10,107).

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. within 50 miles.

    • The Latitude and Longitude data used by this application were obtained from the Google Map's geolocation API service.
    • In rare cases, the geolocation isn't found, typically because a street address is missing or incorrect, a zipcode isn't correct or omits a leading zero, or other detail. In such rare cases, the Google Maps service was used manually to identify the correct or likely office latitude and longtidue, with a preference to physical addresses rather than mailing addresses such as a post office box.

    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.