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Benchmarking Steve Silver Company 401(K) Profit Sharing Plan Trust in Forney, TX against all plans

 

Steve Silver Company 401(K) Profit Sharing Plan Trust in Forney, TX has the 8th-highest average account balance ($41,677) of the 46 plans whose industry group is Furniture and Home Furnishing Merchant Wholesalers. That $41,677 compares to an average of $29,017 across those 46 plans.

Beating the average of $29,017 means an extra $1,835,687 in total assets.

Note: average account balance = total assets ÷ total participants

Steve Silver Company 401(K) Profit Sharing Plan Trust has these standings among those 46 peer plans:

  • average account balance = $41,677 (8th-highest)

  • total assets = $6,043,184 (18th-most)

  • total participants = 145 (14th-fewest)

Visualize

 
 

Peers

beat out by Decor Moulding Ltd. 401k Pension and Profit Sharing Plan in Hauppauge, NY ($96,781), Dhi Corp Retirement Savings Plan in Mequon, WI ($70,345), Twin Star International, Inc. 401(K) Profit Sharing Plan & Tru in Boca Raton, FL ($59,015), and Pigott, Inc. 401(K) Plan in Des Moines, IA ($57,494), and 3 others, ending with Midwest Office Inc. 401(K) Profit Sharing Plan and Trust in Salt Lake City, UT ($48,524).

beat Workplace Elements 401(K) Savings Plan in Denver, CO ($41,167), Workplace Resource 401k Retirement Plan in Denver, CO ($39,562), Bedgear, LLC 401(K) Plan in Farmingdale, NY ($36,804), and Alianza 401k Plan in Pleasant Grove, UT ($32,094), and 34 others, ending with Loloi Inc. Retirement Plan in Dallas, TX ($5,590).

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-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.
  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-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.