Plan Ledger DOL Form 5500 · updated monthly

Adams Bros. Cabinetry, Inc. D/B/A Adams Group401(k)

ADAMS GROUP 401(K) PLAN & TRUST · NORTH PORT, FL · plan year 2024

Reported admin expense ratio · 2024
1.66%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Adams Bros. Cabinetry, Inc. D/B/A Adams Group reported $43,016 in plan administrative expenses for 2024: 1.66% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,509 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (2,925th of 3,644), and 12,393rd of 13,661 in manufacturing. In 2024, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,812,293
Participants with balances116
Active participants122
Employer contributions$184,049
Employee contributions$408,518
Employer contribution per active participant$1,509
Average account balance$24,244
Benefits paid to participants$463,076
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Investment management$27,626
Total administrative$43,016
The Adams Bros. Cabinetry, Inc. D/B/A Adams Group 401(k) match · 2024
Employer contribution per active participant$1,509
Median for plans this size$1,313

Adams Bros. Cabinetry, Inc. D/B/A Adams Group's 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$15,390
KB PENSION SERVICES INC · Contract administrator$4,225
EMPOWER ADVISORY GROUP, LLC · Investment management$95

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$43,016 · 1.66%
Same employer
Similar plansManufacturing · Florida
Lawson Industries, Inc. FL$2.9M · 0.41%
Composite Modules, Inc. FL$2.9M · 1.23%
Venus Concept USA Inc. FL$2.9M · 1.20%
Salvo Technologies, Inc. FL$2.5M · 0.33%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592479450 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.