Ritz Instrument Transformers, Inc. 401(K) Plan in Lavonia, GA has the 7th-lowest average account balance ($15,586) of the 100 plans whose industry group is Other Electrical Equipment and Component Manufacturing. That $15,586 compares to an average of $95,630 across those 100 plans.
Reaching the average of $95,630 would imply an extra $16,248,924 in total assets.
Note: average account balance = total assets ÷ total participants
Ritz Instrument Transformers, Inc. 401(K) Plan has these standings
among those 100 peer plans:
- average account balance = $15,586 (7th-lowest)
- total assets = $3,163,906 (7th-least)
- total participants = 203 (32nd-fewest)
Visualize
Only Ritz Instrument Transformers, Inc. 401(K) Plan in Lavonia, GA is in that area
Ritz Instrument Transformers, Inc. 401(K) Plan in Lavonia, GA has the 7th-lowest average account balance ($15,586) of the 100 plans whose industry group is Other Electrical Equipment and Component Manufacturing. That $15,586 compares to an average of $95,630 and standard deviation of $105,840 across those 100 plans.
Peers
better than Blue Raven Solar Holdings, LLC 401(K) Plan in Orem, UT ($555), Acc Electronix, Inc. 401k Plan & Trust in Normal, IL ($5,607), Heritage Wire Harness, LLC 401(K) Plan in Fort Payne, AL ($8,216), and Kauffman Engineering 401(K) Employee Savings Plan in Lincolnshire, IL ($11,518), and 2 others, ending with Whoop 401(K) Plan in Boston, MA ($13,772).
trailed Door Controls USA, Inc. 401(K) Plan in Ben Wheeler, TX ($16,350), Electronic Systems Inc. 401(K) Profit Sharing Plan in Sioux Falls, SD ($17,462), Co-Ax Technology, Inc. 401(K) Plan in Solon, OH ($19,373), and Emcom, Inc. Employee's Retirement Plan in Auburn, NY ($20,683), and 89 others, ending with S&C 401(K) Retirement Savings & ESOP in Chicago, IL ($735,079).
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 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.
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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 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.