Powered by OnlyBoth

Benchmarking Salon Buzz Retirement Plan in Chicago, IL against all plans

 

Salon Buzz Retirement Plan in Chicago, IL has the 5th-highest average account balance ($69,070) of the 262 plans within 50 miles that provide for automatic enrollment. That $69,070 compares to an average of $28,466 across those 262 plans.

Beating the average of $28,466 means an extra $4,791,252 in total assets.

Note: average account balance = total assets รท total participants

Salon Buzz Retirement Plan has these standings among those 262 peer plans:

  • average account balance = $69,070 (5th-highest)

  • total assets = $8,150,256 (51st-most)

  • total participants = 118 (22nd-fewest, tied)

Visualize

 
 

Peers

beat out by Pba Inc Retirement Plan in Oak Brook, IL ($81,191), Network Data Systems Savings and Retirement Plan in Schaumburg, IL ($76,365), PNTN, Inc. 401(K) Plan in Chicago, IL ($73,086), and Round Ground Metals, Inc. 401(K) Plan & Trust in Hanover Park, IL ($71,972).

beat The 401(K) Profit Sharing Plan of the Commercial Club of Chicago in Chicago, IL ($68,279), Johnson & Quin, Inc. Profit Sharing Plan in Niles, IL ($67,787), Laborers' Pension and Welfare Fund Staff 401(K) Plan in Westchester, IL ($67,780), and J.J. Collins' Sons, Inc. 401(K) Plan in Downers Grove, IL ($67,600), and 253 others, ending with Aparium Hospitality Services 401(K) Plan in Chicago, IL ($1,278).

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. within 50 miles.

    • The Latitude and Longitude data used by this application were obtained from the Google Map's geolocation API service.
    • In rare cases, the geolocation isn't found, typically because a street address is missing or incorrect, a zipcode isn't correct or omits a leading zero, or other detail. In such rare cases, the Google Maps service was used manually to identify the correct or likely office latitude and longtidue, with a preference to physical addresses rather than mailing addresses such as a post office box.

    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.