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Benchmarking Schneider Tire Outlet, Inc. 401(K) Plan in Marne, MI against all plans

 

Schneider Tire Outlet, Inc. 401(K) Plan in Marne, MI has the 3rd-highest average account balance ($54,514) of the 96 plans whose industry group is Automotive Parts, Accessories, and Tire Stores. That $54,514 compares to an average of $23,088 across those 96 plans.

Beating the average of $23,088 means an extra $3,111,164 in total assets.

Note: average account balance = total assets ÷ total participants

Schneider Tire Outlet, Inc. 401(K) Plan has these standings among those 96 peer plans:

  • average account balance = $54,514 (3rd-highest)

  • total assets = $5,396,921 (42nd-most)

  • total participants = 99 (7th-fewest)

Visualize

 
 

Peers

beat out by Vogue Tyre & Rubber Company 401(K) Plan in Mount Prospect, IL ($73,132) and Rowerdink, Inc. 401(K) Profit Sharing Plan in Grand Rapids, MI ($57,742).

beat Forrest Brothers Tire Company, Inc. 401k Plan in Odessa, TX ($52,150), Moore's Tire Sales, Inc. 401(K) Retirement Plan in Owego, NY ($47,732), Cassidy Tire Company 401(K) Plan in Addison, IL ($44,897), and Air Lift Company 401(K) Retirement Savings Plan in Lansing, MI ($43,259), and others, ending with Autozone Puerto Rico, Inc. Retirement Savings Plan in Memphis, TN ($1,880).

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.