Trismart Solar 401(K) Plan in Houston, TX has the 7th-lowest average account balance ($966) of the 45 plans whose industry group is Building Equipment Contractors. That $966 compares to an average of $3,767 across those 45 plans.
Reaching the average of $3,767 would imply an extra $722,584 in total assets.
Note: average account balance = total assets ÷ total participants
Trismart Solar 401(K) Plan has these standings
among those 45 peer plans:
- average account balance = $966 (7th-lowest)
- total assets = $249,191 (5th-least)
- total participants = 258 (10th-most)
Visualize
Only Trismart Solar 401(K) Plan in Houston, TX is in that area
Trismart Solar 401(K) Plan in Houston, TX has the 7th-lowest average account balance ($966) of the 45 plans whose industry group is Building Equipment Contractors. That $966 compares to an average of $3,767 and standard deviation of $2,329 across those 45 plans.
Peers
better than Current Home 401k Plan in Hemet, CA ($33), Ua Gulf Coast District Council Retirement Savings in Metairie, LA ($487), National On Demand 401(K) Plan in Burlington, NC ($503), and Meraki Installers, LLC 401 (K) Plan in Pensacola, FL ($555), and 2 others, ending with Galaxy Home Solutions Inc. 401(K) Plan in Wildwood, FL ($830).
trailed Superior HS Holdings 401(K) Plan in West Valley, UT ($1,343), MSF Electric, Inc. 401(K) Plan in Stafford, TX ($1,631), Rpe Contracting, Inc. 401(K) Plan in Florence, SC ($1,788), and Century West Plumbing 401(K) Plan in Westlake Village, CA ($1,950), and 34 others, ending with Lovotti Inc 401(K) Profit Sharing Plan in Stockton, CA ($8,818).
References
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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.
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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.