Powered by OnlyBoth

Benchmarking Axon Pressure Products, Inc. 401(K) Plan in Houston, TX against all plans

 

Axon Pressure Products, Inc. 401(K) Plan in Houston, TX has the 9th-highest average account balance ($50,670) of the 46 plans whose industry group is Agriculture, Construction, and Mining Machinery Manufacturing. That $50,670 compares to an average of $34,338 across those 46 plans.

Beating the average of $34,338 means an extra $2,449,780 in total assets.

Note: average account balance = total assets ÷ total participants

Axon Pressure Products, Inc. 401(K) Plan has these standings among those 46 peer plans:

  • average account balance = $50,670 (9th-highest)

  • total assets = $7,600,559 (10th-most)

  • total participants = 150 (21st-fewest)

Visualize

 
 

Peers

beat out by Heinzen, LLC 401(K) Plan in Gilroy, CA ($82,770), Hiniker Company Profit Sharing Retirement Savings Plan in Mankato, MN ($80,830), Cme Manufacturing Employees Retirement and Savings Plan in Earth City, MO ($74,411), and Power Curbers Companies, LLC Employees' Retirement Savings Plan in Salisbury, NC ($68,281), and 4 others, ending with H.D. Hudson Manufacturing Company Retirement Savings Plan in Lowell, MI ($51,983).

beat Abilene Machine LLC 401(K) and Profit Sharing Plan in Solomon, KS ($50,277), Zajac, LLC 401(K) Profit Sharing Plan in Saco, ME ($48,904), Gremada Industries, Inc. 401(K)/Profit Sharing Plan in Fargo, ND ($46,693), and Envipco, 401(K) Retirement Plan in Naugatuck, CT ($46,234), and 33 others, ending with Amerequip Corporation Union Employees 401(K) Plan in Kiel, WI ($4,621).

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.