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Benchmarking Shaw/Stewart Lumber Company Salary Savings Plan in Minneapolis, MN against all plans

 

Shaw/Stewart Lumber Company Salary Savings Plan in Minneapolis, MN has the highest average participant cash contribution per active participant ($6,838) of all the 68 plans whose industry group is Building Material and Supplies Dealers. That $6,838 compares to an average of $3,492 across those 68 plans.

Beating the average of $3,492 means an extra $341,243 in participant cash contributions.

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

Shaw/Stewart Lumber Company Salary Savings Plan has these standings among those 68 peer plans:

  • average participant cash contribution per active participant = $6,838 (the highest)

  • cash contributions from participants = $697,432 (31st-most)

  • active participants = 102 (9th-fewest)

Visualize

 
 

Peers

beat Simkins-Hallin, Inc. 401(K) Plan and Trust in Bozeman, MT ($6,056), Beisser's, Inc. Retirement Plan in Grimes, IA ($6,037), Pella Mid-Atlantic, Inc. 401(K) Profit Sharing Plan in Beltsville, MD ($5,976), and KZ Kitchen Cabinet & Stone 401(K) Plan in San Jose, CA ($5,831), and 63 others, ending with Running Supply, Inc. 401(K) Profit Sharing Plan in Marshall, MN ($1,130).

References

  1. 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.
  2. average participant cash contribution per active participant. Higher values are better. Average participant cash contribution per active participant equals cash contributions from participants, Line 2a(1)(B) 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 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.