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Benchmarking Salon Buzz Retirement Plan in Chicago, IL against all plans

 

Salon Buzz Retirement Plan in Chicago, IL has the 3rd-highest average account balance ($86,297) of the 889 plans whose economic sector is Other Services (except Public Administration). That $86,297 compares to an average of $25,609 across those 889 plans.

Beating the average of $25,609 means an extra $6,736,362 in total assets.

Note: average account balance = total assets ÷ total participants

Salon Buzz Retirement Plan has these standings among those 889 peer plans:

  • average account balance = $86,297 (3rd-highest)

  • total assets = $9,578,985 (20th-most)

  • total participants = 111 (73rd-fewest, tied)

Visualize

 
 

Peers

beat out by Capstan Corporation & Affiliated Companies 401(K) Retirement Plan in Duluth, MN ($178,110) and Consolidated Credit Solutions Inc 401(K) Plan in Fort Lauderdale, FL ($100,620).

beat Track-Pigeon Forge Ltd PTR 401(K) Profit Sharing Plan & Trust in Pigeon Forge, TN ($84,489), Smith Cairns Ford Inc 401(K) Profit Sharing Plan & Trust in Yonkers, NY ($77,522), Safenet Consulting Inc 401(K) Profit Sharing Plan & Trust in Minnetonka, MN ($76,999), and Dalco 401(K) and Profit Sharing Plan in New Brighton, MN ($76,742), and 882 others, ending with Benihana Restaurant Employees 401(K) Plan in Aventura, FL ($664).

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 economic sector is. The economic sector is the first two 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.