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Benchmarking Ted Brown Music Retirement Plan in Tacoma, WA against all plans

 

Ted Brown Music Retirement Plan in Tacoma, WA has the 4th-highest average account balance ($46,591) of the 46 plans whose industry group is Sporting Goods, Hobby, and Musical Instrument Stores. That $46,591 compares to an average of $21,954 across those 46 plans.

Beating the average of $21,954 means an extra $2,463,648 in total assets.

Note: average account balance = total assets ÷ total participants

Ted Brown Music Retirement Plan has these standings among those 46 peer plans:

  • average account balance = $46,591 (4th-highest)

  • total assets = $4,659,100 (19th-most)

  • total participants = 100 (the fewest, tied)

Visualize

 
 

Peers

beat out by Universal Athletic Services, Inc. 401(K) Retirement Plan in Bozeman, MT ($59,740), Surefoot L C 401(K) Profit Sharing Plan & Trust in Park City, UT ($48,002), and Carl's Golfland, Inc. Profit Sharing & 401(K) Plan in Bloomfield Hills, MI ($47,685).

beat Lancaster Archery Supply 401(K) Plan in Leola, PA ($44,734), Marshall Music Company Employee 401(K) Profit Sharing Plan in Lansing, MI ($44,489), Valmark, Inc. Retirement Plan in Friday Harbor, WA ($41,063), and Nic & Zoe Company 401(K) Profit Sharing Plan & Trust in Natick, MA ($39,906), and 38 others, ending with Club Champion 401(K) Plan in Willowbrook, IL ($2,664).

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.