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Benchmarking HNI Corporation Profit-Sharing Retirement Plan in Muscatine, IA against all plans

 

HNI Corporation Profit-Sharing Retirement Plan in Muscatine, IA has the highest average employer cash contribution per active participant ($11,037) of the 420 plans with at least 6,526 active participants. That $11,037 compares to an average of $1,792 across those 420 plans.

Beating the average of $1,792 means an extra $60,331,968 in employer cash contributions.

Note: average employer cash contribution per active participant =
cash contributions from employers ÷ active participants

HNI Corporation Profit-Sharing Retirement Plan has these standings among those 420 peer plans:

  • average employer cash contribution per active participant = $11,037 (the highest)

  • cash contributions from employers = $72,024,962 (6th-most)

  • active participants = 6,526 (the fewest)

Visualize

 
 

Peers

after HNI Corporation Profit-Sharing Retirement Plan in Muscatine, IA ($11,037, 6,526), closest are Synchrony Financial My Savings Plan in Stamford, CT ($7,782, 10,078), Amended and Restated Savings Fund Plan for Employees of 84 Lumber Company in Eighty Four, PA ($7,616, 7,685), Ace Hardware Corporation 401(K) Savings and Retirement Plan in Oak Brook, IL ($6,888, 6,632), and Carrier Retirement Savings Plan in Palm Beach Gardens, FL ($6,732, 12,104), ending with U-Haul Holding Company 401(K) Savings Plan in Phoenix, AZ ($0.00, 31,816).

References

  1. average employer cash contribution per active participant. Higher values are better. Average employer cash contribution per active participant equals cash contributions from employers, Line 2a(1)(A) from Schedule H, divided by active participants at the end of the plan year, Line 6a(2), 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. active participants. Total number of active participants at the end of the plan year, Line 6a(2) in 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.