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Benchmarking Coastal Mechanical Services, LLC 401(K) Plan in Melbourne, FL against all plans

 

Coastal Mechanical Services, LLC 401(K) Plan in Melbourne, FL has the highest average account balance ($24,745) of the 24 plans with at least 345 total participants and that are in Florida and whose economic sector is Construction. That $24,745 compares to an average of $12,163 across those 24 plans.

Beating the average of $12,163 means an extra $4,340,876 in total assets.

Note: average account balance = total assets ÷ total participants

Coastal Mechanical Services, LLC 401(K) Plan has these standings among those 24 peer plans:

  • average account balance = $24,745 (the highest)

  • total assets = $8,536,996 (4th-most)

  • total participants = 345 (the fewest)

Visualize

 
 

Peers

after Coastal Mechanical Services, LLC 401(K) Plan in Melbourne, FL ($24,745, 345), closest are Titan Electric 401 (K) Plan in Tampa, FL ($20,948, 469), Current Builders Construction Services, Inc. 401(K) Plan in Pompano Beach, FL ($19,391, 376), The Smart Companies. LLC. 401(K) Profit Sharing Plan in Fort Myers, FL ($18,120, 429), and Kustom US, Inc. 401(K) Plan in Longwood, FL ($17,207, 354), ending with Sacyr 401(K) Plan in Miami, FL ($3,417, 537).

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 economic sector is. The economic sector is the first two 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.
  3. in state. 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.
  4. total participants. Sum of active, retired, or separated participants who are still living, plus deceased participants whose beneficiaries receive or are entitled to benefits. 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.