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Benchmarking PGM of Texas Retirement Plan in San Marcos, TX against all plans

 

PGM of Texas Retirement Plan in San Marcos, TX has the 10th-lowest average account balance ($10,032) of the 152 plans whose industry group is Miscellaneous Durable Goods Merchant Wholesalers and don't provide for automatic enrollment. That $10,032 compares to an average of $34,075 across those 152 plans.

Reaching the average of $34,075 would imply an extra $8,150,695 in total assets.

Note: average account balance = total assets ÷ total participants

PGM of Texas Retirement Plan has these standings among those 152 peer plans:

  • average account balance = $10,032 (10th-lowest)

  • total assets = $3,400,806 (35th-least)

  • total participants = 339 (14th-most)

Visualize

 
 

Peers

better than National Pool Partners Retirement Plan in Tampa, FL ($3,932), Next Level Resource Partners, Inc. 401(K) Plan in Denver, CO ($3,943), Code Red Safety & Rental 401(K) Savings and Retirement Plan in Hammond, IN ($5,179), and Boething Treeland 401k Retirement Savings Plan in Woodland Hills, CA ($5,998), and 5 others, ending with Rad Power Bikes 401(K) Plan in Seattle, WA ($9,822).

trailed Palnet 401(K) Plan in Williamstown, NJ ($10,180), Mooreco, Inc. 401(K) Plan in Temple, TX ($10,264), Tomra Ny Recycling, LLC Union 294 401(K) Savings and Profit SH in Shelton, CT ($10,418), and The Outdoor Group, LLC 401(K) Plan in West Henrietta, NY ($10,890), and 138 others, ending with Baisch & Skinner, Inc. Profit Sharing Plan and Trust in St. Louis, MO ($93,040).

References

  1. provide for automatic enrollment. 401(k) plan or 403(b) plan that provides for automatic enrollment in a plan that has elective contributions deducted from payroll. Feature code 2S within Line 8a 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. 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.
  3. 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.