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Benchmarking Butterball Farms, Inc. 401(K) Plan in Grand Rapids, MI against all plans

 

Butterball Farms, Inc. 401(K) Plan in Grand Rapids, MI has the 10th-highest average account balance ($46,180) of the 73 plans in Grand Rapids, MI. That $46,180 compares to an average of $24,996 across those 73 plans.

Beating the average of $24,996 means an extra $2,457,295 in total assets.

Note: average account balance = total assets ÷ total participants

Butterball Farms, Inc. 401(K) Plan has these standings among those 73 peer plans:

  • average account balance = $46,180 (10th-highest)

  • total assets = $5,356,894 (28th-most)

  • total participants = 116 (3rd-fewest)

Visualize

 
 

Peers

beat out by Warner Norcross + Judd LLP Associate Retirement Plan in Grand Rapids, MI ($82,264), Dornerworks 401(K) Plan in Grand Rapids, MI ($70,072), Universal Traffic Service, Inc. 401k Profit Sharing Plan in Grand Rapids, MI ($67,539), and Rowerdink, Inc. 401(K) Profit Sharing Plan in Grand Rapids, MI ($57,742), and 5 others, ending with Allied Finishing, Inc. Profit Sharing Retirement Plan in Grand Rapids, MI ($46,408).

beat National Nail Corp. 401(K) Retirement and Savings Plan in Grand Rapids, MI ($43,605), Workrite Ergonomic Accessories, Inc. 401(K) Plan in Grand Rapids, MI ($43,241), Artiflex Manufacturing Its Division 401(K) Plan in Grand Rapids, MI ($42,281), and Hexarmor 401k Plan in Grand Rapids, MI ($40,981), and 59 others, ending with Edustaff, LLC 401(K) Plan in Grand Rapids, MI ($124).

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. in city. Values were kept only if they occurred at least 20 times. 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.