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Benchmarking Bedford Industries, Inc. Salary Savings Plan in Worthington, MN against all plans

 

Bedford Industries, Inc. Salary Savings Plan in Worthington, MN has the 9th-highest average account balance ($126,033) of the 170 plans whose industry group is Plastics Product Manufacturing. That $126,033 compares to an average of $50,632 across those 170 plans.

Beating the average of $50,632 means an extra $35,815,616 in total assets.

Note: average account balance = total assets ÷ total participants

Bedford Industries, Inc. Salary Savings Plan has these standings among those 170 peer plans:

  • average account balance = $126,033 (9th-highest)

  • total assets = $59,865,866 (25th-most)

  • total participants = 475 (51st-most)

Visualize

 
 

Peers

beat out by The Haartz Corporation 401(K) and Profit Sharing Plan in Acton, MA ($192,407), The Spiratex Company Retirement Plan in Romulus, MI ($191,076), Hasbro, Inc. Retirement Savings Plan in Pawtucket, RI ($187,319), and Nordic Fiberglass Inc. Profit Sharing 401(K) Plan in Warren, MN ($161,628), and 4 others, ending with Double H Plastics, Inc. 401(K) Profit Sharing Plan in Warminster, PA ($132,594).

beat Hoffer Plastics Corporation Profit Sharing and 401(K) Plan in South Elgin, IL ($125,523), Associated Sales & Bag Company 401(K) Savings Plan in Milwaukee, WI ($124,090), Toray 401(K) Savings Plan in North Kingstown, RI ($117,825), and C. A. P. S. Inc. Profit Sharing Plan in Bridgeton, MO ($116,676), and 157 others, ending with HFP Retirement Plan in Houston, TX ($1,148).

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 2-October-2023 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 2-October-2023 updates to the year-2022 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.