Benchmarking Forest City Gear Retirement Plan in Roscoe, IL against all plans
Forest City Gear Retirement Plan in Roscoe, IL has the 6th-highest average account balance ($56,188) of the 53 plans in the Great Lakes area whose industry group is Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing. That $56,188 compares to an average of $37,807 across those 53 plans.
Beating the average of $37,807 means an extra $2,224,151 in total assets.
Note: average account balance = total assets ÷ total participants
Forest City Gear Retirement Plan has these standings among those 53 peer plans:
Beating the average of $37,807 means an extra $2,224,151 in total assets.
Note: average account balance = total assets ÷ total participants
Forest City Gear Retirement Plan has these standings among those 53 peer plans:
- average account balance = $56,188 (6th-highest)
- total assets = $6,798,699 (23rd-most)
- total participants = 121 (11th-fewest, tied)
Visualize
Peers
beat out by Huron, Inc. Retirement Savings & Investment Plan in Lexington, MI ($89,818), Round Ground Metals, Inc. 401(K) Plan & Trust in Hanover Park, IL ($71,972), Quality Tool and Stamping Co. , Inc. 401(K) Profit Sharing Plan in Muskegon Heights, MI ($67,017), and NFM Welding Engineers, Inc. 401(K) Profit Sharing Plan in Massillon, OH ($65,606), and 1 other.
beat MTM G&V 401(K) Profit Sharing Plan in Manitowoc, WI ($53,914), American Micro Products, Inc. 401(K) Profit Sharing Plan in Batavia, OH ($53,176), Acme Industries, Inc. Employee 401(K) Incentive Plan in Elk Grove Village, IL ($53,097), and Millat Industries Corporation 401k Profit Sharing Plan in Dayton, OH ($52,261), and 43 others, ending with Rable Machine, Inc. Retirement Savings Plan in Mansfield, OH ($7,847).
beat MTM G&V 401(K) Profit Sharing Plan in Manitowoc, WI ($53,914), American Micro Products, Inc. 401(K) Profit Sharing Plan in Batavia, OH ($53,176), Acme Industries, Inc. Employee 401(K) Incentive Plan in Elk Grove Village, IL ($53,097), and Millat Industries Corporation 401k Profit Sharing Plan in Dayton, OH ($52,261), and 43 others, ending with Rable Machine, Inc. Retirement Savings Plan in Mansfield, OH ($7,847).
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-July-2024 updates to the year-2022 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-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- 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-July-2024 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.