Parton Lumber Company Retirement Savings Plan in Rutherfordton, NC has the 7th-highest average account balance ($42,998) of the 30 plans whose industry group is Sawmills and Wood Preservation. That $42,998 compares to an average of $33,101 across those 30 plans.
Beating the average of $33,101 means an extra $1,514,307 in total assets.
Note: average account balance = total assets ÷ total participants
Parton Lumber Company Retirement Savings Plan has these standings
among those 30 peer plans:
- average account balance = $42,998 (7th-highest)
- total assets = $6,578,674 (6th-most)
- total participants = 153 (14th-fewest)
Visualize
Only Parton Lumber Company Retirement Savings Plan in Rutherfordton, NC is in that area
Parton Lumber Company Retirement Savings Plan in Rutherfordton, NC has the 7th-highest average account balance ($42,998) of the 30 plans whose industry group is Sawmills and Wood Preservation. That $42,998 compares to an average of $33,101 and standard deviation of $16,109 across those 30 plans.
Peers
beat out by Madison Wood Preservers, Inc. Profit Sharing 401(K) Plan in Madison, VA ($87,081), Claude Howard Lumber Company, Inc. 401(K) Plan in Statesboro, GA ($54,526), C & D Lumber Company Employee Retirement Plan in Riddle, OR ($52,215), and Pyramid Mountain Lumber, Inc. Profit Sharing & 401(K) Retirement Savings Plan in Seeley Lake, MT ($51,776), and 2 others, ending with Savings Plan for Employees of Douglas County Incorporated in Winchester, OR ($44,595).
beat Yoder Lumber Company, Inc. 401(K) Plan in Millersburg, OH ($40,886), Jasper Forest Products LLC 401(K) Plan in Jasper, AL ($39,017), South Everson Lumber Company Inc. 401(K) Savings Plan in Everson, WA ($36,691), and Southport Forest Products 401(K) Plan in Coos Bay, OR ($35,987), and 19 others, ending with The Mulch & Soil Company Employee Growth Fund in Fort Myers, FL ($10,378).
References
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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.
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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.