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Ranking of CY 2022 401k Industry Groups
by their Average Account Balance

Ranks the 271 industry groups (first four digits from the six-digit NAICS business code, Line 2d in Form 5500) of 401k plans by their average account balance, i.e., total assets (Line 1f of Schedule H) divided by total participants (Line 6f of Form 5500). Each plan's contribution is weighted by its total participants. Covers 60,286 401k plans that filed a Schedule H, whose plan-year start is in Q1 2022, and each with at least $1 in total assets.  Uses data released on 2/2/204 by DOL EBSA.

 

   Industry Group | Number of 401k Plans | Average Account Balance

1. Petroleum and Coal Products Manufacturing | #plans=140 | avg=$291,659
2. Aerospace Product and Parts Manufacturing | #plans=184 | avg=$239,020
3. Legal Services | #plans=1,132 | avg=$226,074
4. Tobacco Manufacturing | #plans=28 | avg=$223,268
5. Securities and Commodity Exchanges | #plans=11 | avg=$216,877
6. Electric Power Generation, Transmission and Distribution | #plans=238 | avg=$199,637
7. Pharmaceutical and Medicine Manufacturing | #plans=309 | avg=$198,862
8. Pipeline Transportation | #plans=25 | avg=$192,638
9. Basic Chemical Manufacturing | #plans=137 | avg=$179,265
10. Communications Equipment Manufacturing | #plans=99 | avg=$173,899
11. Other Financial Investment Activities | #plans=506 | avg=$173,035
12. Other Investment Pools and Funds | #plans=77 | avg=$170,306
13. Semiconductor and Other Electronic Component Manufacturing | #plans=215 | avg=$165,070
14. Securities and Commodity Contracts Intermediation and Brokerage | #plans=191 | avg=$163,665
15. Sound Recording Industries | #plans=9 | avg=$159,785
16. Other Chemical Product and Preparation Manufacturing | #plans=172 | avg=$152,443
17. Oil and Gas Extraction | #plans=215 | avg=$144,631
18. Computer and Peripheral Equipment Manufacturing | #plans=133 | avg=$138,847
19. Navigational, Measuring, Electromedical, and Control Instruments Manufacturing | #plans=120 | avg=$136,277
20. Software Publishers | #plans=403 | avg=$135,027
21. Natural Gas Distribution | #plans=68 | avg=$134,728
22. Iron and Steel Mills and Ferroalloy Manufacturing | #plans=84 | avg=$133,103
23. Insurance Carriers | #plans=433 | avg=$131,351
24. Other Miscellaneous Manufacturing | #plans=1,016 | avg=$127,519
25. Other Electrical Equipment and Component Manufacturing | #plans=379 | avg=$124,754
26. Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing | #plans=68 | avg=$123,705
27. Air Transportation | #plans=190 | avg=$123,223
28. Agriculture, Construction, and Mining Machinery Manufacturing | #plans=153 | avg=$122,959
29. Farm Product Raw Material Merchant Wholesalers | #plans=59 | avg=$120,684
30. Telecommunications | #plans=331 | avg=$118,949
31. Paint, Coating, and Adhesive Manufacturing | #plans=71 | avg=$118,474
32. Other Information Services | #plans=273 | avg=$117,921
33. Motor Vehicle Manufacturing | #plans=84 | avg=$113,484
34. Soap, Cleaning Compound, and Toilet Preparation Manufacturing | #plans=96 | avg=$113,180
35. Lime and Gypsum Product Manufacturing | #plans=14 | avg=$112,746
36. Industrial Machinery Manufacturing | #plans=274 | avg=$111,414
37. Management of Companies and Enterprises | #plans=666 | avg=$110,991
38. Scientific Research and Development Services | #plans=440 | avg=$110,353
39. Manufacturing and Reproducing Magnetic and Optical Media | #plans=16 | avg=$108,926
40. Pesticide, Fertilizer, and Other Agricultural Chemical Manufacturing | #plans=48 | avg=$106,721
41. Metal Ore Mining | #plans=39 | avg=$104,403
42. Timber Tract Operations | #plans=10 | avg=$102,007

43. Cable and Other Subscription Programming | #plans=28 | avg=$101,641
44. Paper and Paper Product Merchant Wholesalers | #plans=68 | avg=$100,356
45. Architectural, Engineering, and Related Services | #plans=1,544 | avg=$99,708
46. Newspaper, Periodical, Book, and Directory Publishers | #plans=286 | avg=$99,644
47. Engine, Turbine, and Power Transmission Equipment Manufacturing | #plans=85 | avg=$99,532
48. Medical Equipment and Supplies Manufacturing | #plans=335 | avg=$98,646
49. Grain and Oilseed Milling | #plans=47 | avg=$98,386
50. Offices of Physicians | #plans=1,839 | avg=$98,163
51. Pulp, Paper, and Paperboard Mills | #plans=87 | avg=$97,863
52. Depository Credit Intermediation | #plans=1,759 | avg=$97,752
53. Agencies, Brokerages, and Other Insurance Related Activities | #plans=596 | avg=$95,763
54. Computer Systems Design and Related Services | #plans=2,091 | avg=$93,574
55. Other General Purpose Machinery Manufacturing | #plans=230 | avg=$93,509
56. Motor Vehicle and Motor Vehicle Parts and Supplies Merchant Wholesalers | #plans=227 | avg=$91,966
57. Veneer, Plywood, and Engineered Wood Product Manufacturing | #plans=70 | avg=$89,791
58. Hunting and Trapping | #plans=2 | avg=$89,731
59. Data Processing, Hosting, and Related Services | #plans=243 | avg=$88,706
60. Direct Selling Establishments | #plans=136 | avg=$88,425
61. Household Appliances and Electrical and Electronic Goods Merchant Wholesalers | #plans=220 | avg=$87,965
62. Metalworking Machinery Manufacturing | #plans=95 | avg=$86,628
63. Hardware Manufacturing | #plans=24 | avg=$85,406
64. Audio and Video Equipment Manufacturing | #plans=38 | avg=$84,714
65. Rail Transportation | #plans=52 | avg=$84,122
66. Professional and Commercial Equipment and Supplies Merchant Wholesalers | #plans=122 | avg=$83,797
67. Radio and Television Broadcasting | #plans=102 | avg=$82,915
68. Water, Sewage and Other Systems | #plans=67 | avg=$80,687
69. Metal and Mineral (except Petroleum) Merchant Wholesalers | #plans=88 | avg=$79,772
70. Water Transportation | #plans=90 | avg=$78,425
71. Other Heavy and Civil Engineering Construction | #plans=238 | avg=$78,336
72. Alumina and Aluminum Production and Processing | #plans=78 | avg=$78,033
73. Management, Scientific, and Technical Consulting Services | #plans=1,077 | avg=$77,528
74. Rubber Product Manufacturing | #plans=142 | avg=$77,021
75. Electric Lighting Equipment Manufacturing | #plans=51 | avg=$76,904
76. Activities Related to Credit Intermediation | #plans=91 | avg=$75,934
77. Travel Arrangement and Reservation Services | #plans=58 | avg=$75,804
78. Coal Mining | #plans=61 | avg=$74,910
79. Nonferrous Metal (except Aluminum) Production and Processing | #plans=90 | avg=$73,767
80. Beverage Manufacturing | #plans=226 | avg=$73,734
81. Cutlery and Handtool Manufacturing | #plans=55 | avg=$73,299
82. Converted Paper Product Manufacturing | #plans=191 | avg=$73,226
83. Other Nonmetallic Mineral Product Manufacturing | #plans=58 | avg=$73,114
84. Motor Vehicle Parts Manufacturing | #plans=414 | avg=$71,728
85. Electrical Equipment Manufacturing | #plans=95 | avg=$71,524
86. Glass and Glass Product Manufacturing | #plans=96 | avg=$70,528
87. Household Appliance Manufacturing | #plans=36 | avg=$70,330

88. Nonresidential Building Construction | #plans=643 | avg=$70,052
89. Fruit and Vegetable Preserving and Specialty Food Manufacturing | #plans=125 | avg=$69,552
90. Forging and Stamping | #plans=169 | avg=$69,421
91. Nonmetallic Mineral Mining and Quarrying | #plans=108 | avg=$69,237
92. Railroad Rolling Stock Manufacturing | #plans=17 | avg=$68,975
93. Other Food Manufacturing | #plans=402 | avg=$68,785
94. Nondepository Credit Intermediation | #plans=423 | avg=$68,317
95. Dairy Product Manufacturing | #plans=131 | avg=$68,208
96. Chemical and Allied Products Merchant Wholesalers | #plans=62 | avg=$67,238
97. Machinery, Equipment, and Supplies Merchant Wholesalers | #plans=377 | avg=$66,615
98. Other Fabricated Metal Product Manufacturing | #plans=982 | avg=$66,435
99. Sugar and Confectionery Product Manufacturing | #plans=94 | avg=$66,063
100. Clay Product and Refractory Manufacturing | #plans=29 | avg=$65,842
101. Miscellaneous Durable Goods Merchant Wholesalers | #plans=568 | avg=$63,930
102. Hardware and Plumbing and Heating Equipment and Supplies Merchant Wholesalers | #plans=205 | avg=$63,610
103. Foundries | #plans=64 | avg=$63,169
104. Printing and Related Support Activities | #plans=407 | avg=$62,904
105. Beer, Wine, and Distilled Alcoholic Beverage Merchant Wholesalers | #plans=242 | avg=$62,903
106. Commercial and Service Industry Machinery Manufacturing | #plans=70 | avg=$61,713
107. Support Activities for Water Transportation | #plans=50 | avg=$60,834
108. Spring and Wire Product Manufacturing | #plans=53 | avg=$60,689
109. Advertising, Public Relations, and Related Services | #plans=398 | avg=$60,474
110. Ship and Boat Building | #plans=80 | avg=$60,226
111. Support Activities for Mining | #plans=127 | avg=$59,673
112. Other Transportation Equipment Manufacturing | #plans=122 | avg=$58,795
113. Commercial and Industrial Machinery and Equipment Rental and Leasing | #plans=127 | avg=$58,761
114. Religious, Grantmaking, Civic, Professional, and Similar Organizations | #plans=763 | avg=$58,292
115. Footwear Manufacturing | #plans=19 | avg=$58,087
116. Agents and Managers for Artists, Athletes, Entertainers, and Other Public Figures | #plans=23 | avg=$57,929
117. Drugs and Druggists' Sundries Merchant Wholesalers | #plans=76 | avg=$57,788
118. Building Equipment Contractors | #plans=950 | avg=$57,261
119. Highway, Street, and Bridge Construction | #plans=333 | avg=$56,610
120. Steel Product Manufacturing from Purchased Steel | #plans=183 | avg=$56,586
121. Motion Picture and Video Industries | #plans=83 | avg=$55,690
122. Outpatient Care Centers | #plans=482 | avg=$55,565
123. Spectator Sports | #plans=173 | avg=$55,371
124. Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing | #plans=97 | avg=$55,268
125. Residential Building Construction | #plans=318 | avg=$54,981
126. Plastics Product Manufacturing | #plans=676 | avg=$54,763
127. Miscellaneous Nondurable Goods Merchant Wholesalers | #plans=307 | avg=$54,668
128. Boiler, Tank, and Shipping Container Manufacturing | #plans=38 | avg=$54,402
129. Sawmills and Wood Preservation | #plans=69 | avg=$54,273
130. Electronic Shopping and Mail-Order Houses | #plans=188 | avg=$53,435
131. Accounting, Tax Preparation, Bookkeeping, and Payroll Services | #plans=475 | avg=$52,549
132. Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) | #plans=18 | avg=$52,496

133. Other Specialty Trade Contractors | #plans=804 | avg=$51,415
134. Medical and Diagnostic Laboratories | #plans=185 | avg=$51,241
135. Hospitals | #plans=630 | avg=$50,541
136. Support Activities for Crop Production | #plans=136 | avg=$49,867
137. Petroleum and Petroleum Products Merchant Wholesalers | #plans=168 | avg=$49,528
138. Waste Management and Remediation Services | #plans=182 | avg=$49,218
139. Architectural and Structural Metals Manufacturing | #plans=139 | avg=$49,131
140. Apparel, Piece Goods, and Notions Merchant Wholesalers | #plans=114 | avg=$48,734
141. Support Activities for Animal Production | #plans=23 | avg=$47,999
142. Scenic and Sightseeing Transportation | #plans=15 | avg=$47,947
143. Health and Personal Care Stores | #plans=238 | avg=$47,821
144. Business, Professional, Labor, Political, and Similar Organizations | #plans=58 | avg=$47,736
145. Furniture and Related Product Manufacturing | #plans=222 | avg=$46,985
146. Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance | #plans=153 | avg=$45,872
147. Specialized Design Services | #plans=85 | avg=$45,183
148. Cement and Concrete Product Manufacturing | #plans=166 | avg=$45,120
149. Apparel Accessories and Other Apparel Manufacturing | #plans=98 | avg=$44,662
150. Fishing | #plans=11 | avg=$44,393
151. Utility System Construction | #plans=106 | avg=$43,900
152. Grocery and Related Product Merchant Wholesalers | #plans=323 | avg=$43,823
153. Death Care Services | #plans=32 | avg=$43,510
154. Lumber and Other Construction Materials Merchant Wholesalers | #plans=195 | avg=$43,489
155. Offices of Real Estate Agents and Brokers | #plans=135 | avg=$43,439
156. Textile Product Mills | #plans=102 | avg=$42,902
157. Other Animal Production | #plans=33 | avg=$42,878
158. Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing | #plans=202 | avg=$42,813
159. Office Supplies, Stationery, and Gift Stores | #plans=46 | avg=$42,431
160. Seafood Product Preparation and Packaging | #plans=40 | avg=$41,668
161. General Rental Centers | #plans=10 | avg=$41,352
162. Other Support Services | #plans=101 | avg=$41,186
163. Activities Related to Real Estate | #plans=1,085 | avg=$40,848
164. Promoters of Performing Arts, Sports, and Similar Events | #plans=37 | avg=$40,582
165. Wholesale Electronic Markets and Agents and Brokers | #plans=64 | avg=$40,241
166. Logging | #plans=10 | avg=$39,178
167. Electronic and Precision Equipment Repair and Maintenance | #plans=51 | avg=$38,687
168. Support Activities for Road Transportation | #plans=52 | avg=$38,089
169. Drycleaning and Laundry Services | #plans=83 | avg=$37,952
170. Jewelry, Luggage, and Leather Goods Stores | #plans=43 | avg=$37,931
171. Furniture and Home Furnishing Merchant Wholesalers | #plans=79 | avg=$37,759
172. Business Support Services | #plans=281 | avg=$37,561
173. Specialized Freight Trucking | #plans=180 | avg=$36,894
174. Land Subdivision | #plans=39 | avg=$36,701
175. Automotive Equipment Rental and Leasing | #plans=30 | avg=$36,507
176. Educational Services | #plans=707 | avg=$36,363
177. Other Wood Product Manufacturing | #plans=201 | avg=$36,102

178. Textile Mills | #plans=62 | avg=$35,364
179. Freight Transportation Arrangement | #plans=137 | avg=$35,190
180. Executive, Legislative, and Other General Government Support | #plans=72 | avg=$34,834
181. Museums, Historical Sites, and Similar Institutions | #plans=70 | avg=$34,710
182. Bakeries and Tortilla Manufacturing | #plans=167 | avg=$34,293
183. Book Stores and News Dealers | #plans=17 | avg=$34,224
184. Animal Food Manufacturing | #plans=90 | avg=$33,370
185. Apparel Knitting Mills | #plans=11 | avg=$33,184
186. Other Motor Vehicle Dealers | #plans=147 | avg=$32,917
187. Other Professional, Scientific, and Technical Services | #plans=2,181 | avg=$32,831
188. Motor Vehicle Body and Trailer Manufacturing | #plans=70 | avg=$32,575
189. Other Leather and Allied Product Manufacturing | #plans=10 | avg=$32,235
190. Coating, Engraving, Heat Treating, and Allied Activities | #plans=98 | avg=$32,201
191. Support Activities for Forestry | #plans=15 | avg=$32,075
192. Community Food and Housing and Emergency and Other Relief Services | #plans=171 | avg=$31,990
193. Furniture Stores | #plans=134 | avg=$31,623
194. Automobile Dealers | #plans=1,620 | avg=$31,216
195. Support Activities for Rail Transportation | #plans=17 | avg=$31,129
196. Support Activities for Air Transportation | #plans=76 | avg=$30,997
197. Personal and Household Goods Repair and Maintenance | #plans=33 | avg=$30,324
198. Lessors of Real Estate | #plans=377 | avg=$30,182
199. Cut and Sew Apparel Manufacturing | #plans=70 | avg=$29,816
200. Electronics and Appliance Stores | #plans=76 | avg=$29,713
201. Hog and Pig Farming | #plans=14 | avg=$29,320
202. Other Miscellaneous Store Retailers | #plans=228 | avg=$28,962
203. Gambling Industries | #plans=166 | avg=$28,724
204. Fruit and Tree Nut Farming | #plans=72 | avg=$28,444
205. Office Administrative Services | #plans=226 | avg=$27,572
206. Forest Nurseries and Gathering of Forest Products | #plans=4 | avg=$27,278
207. Florists | #plans=12 | avg=$26,998
208. Building Finishing Contractors | #plans=158 | avg=$26,965
209. Automotive Parts, Accessories, and Tire Stores | #plans=157 | avg=$26,808
210. Other Support Activities for Transportation | #plans=112 | avg=$26,375
211. Foundation, Structure, and Building Exterior Contractors | #plans=246 | avg=$26,346
212. Other Ambulatory Health Care Services | #plans=174 | avg=$26,343
213. General Merchandise Stores, including Warehouse Clubs and Supercenters | #plans=42 | avg=$25,914
214. Traveler Accommodation | #plans=605 | avg=$25,280
215. Poultry and Egg Production | #plans=43 | avg=$24,970
216. Offices of Dentists | #plans=176 | avg=$24,961
217. Warehousing and Storage | #plans=204 | avg=$24,913
218. Offices of Other Health Practitioners | #plans=617 | avg=$24,750
219. Department Stores | #plans=18 | avg=$24,659
220. Vegetable and Melon Farming | #plans=57 | avg=$24,390
221. Greenhouse, Nursery, and Floriculture Production | #plans=110 | avg=$24,368
222. General Freight Trucking | #plans=696 | avg=$24,097

223. Facilities Support Services | #plans=101 | avg=$23,509
224. Building Material and Supplies Dealers | #plans=244 | avg=$23,507
225. Grocery Stores | #plans=457 | avg=$23,097
226. Insurance and Employee Benefit Funds | #plans=64 | avg=$22,992
227. Leather and Hide Tanning and Finishing | #plans=2 | avg=$22,967
228. Vending Machine Operators | #plans=18 | avg=$22,795
229. Other Transit and Ground Passenger Transportation | #plans=58 | avg=$22,776
230. Amusement Parks and Arcades | #plans=36 | avg=$22,730
231. Consumer Goods Rental | #plans=24 | avg=$22,398
232. Performing Arts Companies | #plans=49 | avg=$22,186
233. Clothing Stores | #plans=150 | avg=$22,032
234. Home Furnishings Stores | #plans=73 | avg=$21,277
235. Shoe Stores | #plans=34 | avg=$21,214
236. Other Personal Services | #plans=551 | avg=$21,205
237. Interurban and Rural Bus Transportation | #plans=21 | avg=$21,168
238. Other Crop Farming | #plans=87 | avg=$20,881
239. RV (Recreational Vehicle) Parks and Recreational Camps | #plans=7 | avg=$20,122
240. Personal Care Services | #plans=101 | avg=$19,451
241. Cattle Ranching and Farming | #plans=42 | avg=$18,325
242. Independent Artists, Writers, and Performers | #plans=8 | avg=$17,886
243. Lawn and Garden Equipment and Supplies Stores | #plans=51 | avg=$17,779
244. Automotive Repair and Maintenance | #plans=163 | avg=$17,023
245. Other Amusement and Recreation Industries | #plans=368 | avg=$16,913
246. Animal Slaughtering and Processing | #plans=103 | avg=$16,113
247. Individual and Family Services | #plans=624 | avg=$15,602
248. Urban Transit Systems | #plans=18 | avg=$15,370
249. Oilseed and Grain Farming | #plans=84 | avg=$15,184
250. Services to Buildings and Dwellings | #plans=328 | avg=$15,130
251. Aquaculture | #plans=7 | avg=$14,401
252. Charter Bus Industry | #plans=30 | avg=$14,049
253. Specialty Food Stores | #plans=139 | avg=$13,354
254. Sporting Goods, Hobby, and Musical Instrument Stores | #plans=80 | avg=$13,279
255. Vocational Rehabilitation Services | #plans=137 | avg=$12,916
256. Local Messengers and Local Delivery | #plans=22 | avg=$12,788
257. Taxi and Limousine Service | #plans=22 | avg=$12,661
258. Child Day Care Services | #plans=91 | avg=$12,219
259. Gasoline Stations | #plans=116 | avg=$12,073
260. Couriers and Express Delivery Services | #plans=28 | avg=$12,070
261. Used Merchandise Stores | #plans=28 | avg=$11,837
262. Rooming and Boarding Houses, Dormitories, and Workers' Camps | #plans=11 | avg=$11,818
263. Beer, Wine, and Liquor Stores | #plans=22 | avg=$11,381
264. Nursing and Residential Care Facilities | #plans=1,197 | avg=$11,186
265. Restaurants and Other Eating Places | #plans=998 | avg=$10,888
266. Special Food Services | #plans=216 | avg=$10,358
267. Home Health Care Services | #plans=608 | avg=$10,326

268. Employment Services | #plans=633 | avg=$10,127
269. School and Employee Bus Transportation | #plans=56 | avg=$7,425
270. Drinking Places (Alcoholic Beverages) | #plans=19 | avg=$6,956
271. Investigation and Security Services | #plans=142 | avg=$5,476

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