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Benchmarking The Glik Company 401(K) Plan in Collinsville, IL against all plans

 

The Glik Company 401(K) Plan in Collinsville, IL has the 5th-highest average account balance ($46,326) of the 74 plans whose industry group is Clothing Stores. That $46,326 compares to an average of $20,153 across those 74 plans.

Beating the average of $20,153 means an extra $5,025,156 in total assets.

Note: average account balance = total assets ÷ total participants

The Glik Company 401(K) Plan has these standings among those 74 peer plans:

  • average account balance = $46,326 (5th-highest)

  • total assets = $8,894,587 (8th-most)

  • total participants = 192 (25th-fewest)

Visualize

 
 

Peers

beat out by Signal Products, Inc. Profit Sharing Plan in Los Angeles, CA ($78,571), Ripple Junction Design Co., Inc. 401(K) Profit Sharing Plan in West Chester, OH ($70,653), Quality Mat Company Employee Savings and Retirement Plan in Beaumont, TX ($59,411), and Boyds, L.P. 401(K) & Profit Sharing Plan in Philadelphia, PA ($51,752).

beat Paxton Van Lines 401(K) Retirement Plan in Springfield, VA ($46,203), Gorsuch, Ltd. 401(K) Savings and Investment Plan in Vail, CO ($46,141), Flynn & O'Hara Retirement Plan in Philadelphia, PA ($44,401), and Land N' Sea and Affiliates 401(K) Plan in New York, NY ($43,061), and 65 others, ending with Lids 401(K) Salary Deferral Plan in Indianapolis, IN ($1,297).

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.