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Benchmarking Linon Home Decor Products, Inc. 401(K) Profit Sharing Plan in Mineola, NY against all plans

 

Linon Home Decor Products, Inc. 401(K) Profit Sharing Plan in Mineola, NY has the 12th-highest average account balance ($42,070) of the 48 plans whose industry group is Home Furnishings Stores. That $42,070 compares to an average of $31,270 across those 48 plans.

Beating the average of $31,270 means an extra $1,576,806 in total assets.

Note: average account balance = total assets ÷ total participants

Linon Home Decor Products, Inc. 401(K) Profit Sharing Plan has these standings among those 48 peer plans:

  • average account balance = $42,070 (12th-highest)

  • total assets = $6,142,290 (23rd-most)

  • total participants = 146 (15th-fewest)

Visualize

 
 

Peers

beat out by Carpet Weavers, Inc. 401(K) Plan in Champaign, IL ($89,715), Sergenian's Floor Coverings, Inc. 401(K) Salary Reduction Plan and Trust in Madison, WI ($81,021), McSwain Carpets 401(K) Plan in Cincinnati, OH ($80,709), and Winston Cole Retirement Plan in Denver, CO ($67,570), and 7 others, ending with Simplicityhr 401(K) Retirement Savings Plan Fbo The Carpet Shoppe, Inc. in Honolulu, HI ($42,127).

beat Custom Decorators, Inc. 401(K) Plan in Tualatin, OR ($40,757), S & G Discount Outlet Inc. 401k Savings Plan in Rocklin, CA ($36,281), Macco's Floor Covering Center Employees' Savings and Retirement Plan in Green Bay, WI ($35,924), and B.I.G. Co., Inc. dba Capo Valley Fireside Profit Sharing Plan in San Juan Capistrano, CA ($35,670), and 32 others, ending with Cargobarn 401(K) Plan in Fresno, CA ($4,375).

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.