Benchmarking Morton Grinding, Inc. 401(K) Plan in Lancaster, CA against all plans
Morton Grinding, Inc. 401(K) Plan in Lancaster, CA has the highest average account balance ($39,087) of the 58 plans whose industry group is Other Fabricated Metal Product Manufacturing and have at least 253 total participants. That $39,087 compares to an average of $19,186 across those 58 plans.
Beating the average of $19,186 means an extra $5,034,844 in total assets.
Note: average account balance = total assets ÷ total participants
Morton Grinding, Inc. 401(K) Plan has these standings among those 58 peer plans:
Beating the average of $19,186 means an extra $5,034,844 in total assets.
Note: average account balance = total assets ÷ total participants
Morton Grinding, Inc. 401(K) Plan has these standings among those 58 peer plans:
- average account balance = $39,087 (the highest)
- total assets = $9,889,083 (the most)
- total participants = 253 (the fewest, tied)
Visualize
Peers
after Morton Grinding, Inc. 401(K) Plan in Lancaster, CA ($39,087, 253), closest are Brennan Industries, Inc. 401(K) Retirement Plan in Solon, OH ($35,116, 253), Haver Tyler Profit Sharing & Savings Plan in Mentor, OH ($34,054, 269), Arc Group Worldwide, Inc. 401(K) Plan and Trust in Deland, FL ($33,322, 272), and Trace Die Cast, Inc. 401(K) Profit Sharing Retirement Plan in Bowling Green, KY ($32,074, 296), ending with Evapco, Inc. Pretax Savings and Investment Plan in Taneytown, MD ($4,136, 1,709).
References
- 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.
- 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.
- 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.