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Benchmarking Cortland Acres Nursing Home Profit Sharing Plan in Thomas, WV against all plans

 

Cortland Acres Nursing Home Profit Sharing Plan in Thomas, WV has the 2nd-highest average account balance ($38,658) of the 135 plans in the Southeast whose industry group is Nursing and Residential Care Facilities. That $38,658 compares to an average of $14,051 across those 135 plans.

Beating the average of $14,051 means an extra $2,534,480 in total assets.

Note: average account balance = total assets ÷ total participants

Cortland Acres Nursing Home Profit Sharing Plan has these standings among those 135 peer plans:

  • average account balance = $38,658 (2nd-highest)

  • total assets = $3,981,777 (62nd-most)

  • total participants = 103 (7th-fewest)

Visualize

 
 

Peers

Forum Green, Inc. 401(K) Retirement Plan in Athens, AL is first with $43,195.

beat Dos Health Care 401(K) Plan in Miami Lakes, FL ($38,389), The HUIE Group, Inc. 401(K) Plan in Oneonta, AL ($34,698), Company 401(K) Plan in West Palm Beach, FL ($32,864), and The Presbyterian Home at Charlotte, Inc. 401(K) Plan in Charlotte, NC ($32,738), and 129 others, ending with Phoenix Senior Living 401k Plan in Roswell, GA ($522).

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.
  3. in region. The 9 regions with their corresponding states or other geographic entities are: New England (CT ME MA NH RI VT), Mid Atlantic (DE DC MD NJ NY PA), Great Lakes (IL IN MI OH WI), Plains (IA KS MN MO NE ND SD), Southeast (AL AR FL GA KY LA MS NC SC TN VA WV), Southwest (AZ NM OK TX), Rocky Mountains (CO ID MT UT WY), Far West (AK CA HI NV OR WA), and Outlying Areas (VI PR GU AS MP). 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.