Of the 87 plans whose industry group is Other General Purpose Machinery Manufacturing,
Kenona Industries LLC 401(K) Plan in Grand Rapids, MI is one of just 9 that are worse than the overall participant averages in each of average account balance, employer contributions per active participant, and total administrative expense per participant.
Kenona Industries LLC 401(K) Plan has these standings
among those 87 peer plans plus nationwide comparisons:
- net income per total participant = -$1,068 (14th-highest)
the nationwide average is -$5,540
- average account balance = $17,495 (17th-lowest)
the nationwide average is $24,947
- average participant cash contribution per active participant = $4,023 (24th-highest)
the nationwide average is $3,880
- average employer cash contribution per active participant = $585.30 (21st-lowest)
the nationwide average is $1,477
- total administrative expense per participant = $150.92 (37th-highest)
the nationwide average is $124.36