Benchmarking Fomas, Inc. 401(K) Plan in York, SC against all plans
Fomas, Inc. 401(K) Plan in York, SC has the 6th-highest average account balance ($61,297) of the 45 plans whose industry group is Forging and Stamping. That $61,297 compares to an average of $45,824 across those 45 plans.
Beating the average of $45,824 means an extra $1,918,704 in total assets.
Note: average account balance = total assets ÷ total participants
Fomas, Inc. 401(K) Plan has these standings among those 45 peer plans:
Beating the average of $45,824 means an extra $1,918,704 in total assets.
Note: average account balance = total assets ÷ total participants
Fomas, Inc. 401(K) Plan has these standings among those 45 peer plans:
- average account balance = $61,297 (6th-highest)
- total assets = $7,600,866 (20th-least)
- total participants = 124 (4th-fewest)
Visualize
Peers
beat out by Meadville Forging Company Profit Sharing Retirement and Savings in Northfield, IL ($141,719), ITW Savings and Investment Plan in Glenview, IL ($129,609), Tate Access Floors, Inc. Retirement Savings Plan in Jessup, MD ($89,983), and Okay Industries, Inc. Profit Sharing 401(K) Plan in New Britain, CT ($69,327), and 1 other.
beat Bopp-Busch Manufacturing Co. 401(K) Plan in Au Gres, MI ($60,812), United Steel Workers of America - Standard Steel, LLC 401(K) Plan in Burham, PA ($60,319), Toyotomi America Corporation 401(K) Plan in Springfield, KY ($59,337), and Presrite Corporation 401(K) Retirement Savings and Profit Sharing Plan in Cleveland, OH ($58,784), and 35 others, ending with Concord Tool & Manufacturing, Inc. Employees Retirement Plan in Mount Clemens, MI ($10,411).
beat Bopp-Busch Manufacturing Co. 401(K) Plan in Au Gres, MI ($60,812), United Steel Workers of America - Standard Steel, LLC 401(K) Plan in Burham, PA ($60,319), Toyotomi America Corporation 401(K) Plan in Springfield, KY ($59,337), and Presrite Corporation 401(K) Retirement Savings and Profit Sharing Plan in Cleveland, OH ($58,784), and 35 others, ending with Concord Tool & Manufacturing, Inc. Employees Retirement Plan in Mount Clemens, MI ($10,411).
References
- 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.
- 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.