Plan Ledger DOL Form 5500 · updated monthly

Bgi Group Inc dba US Cabinet Depot401(k)

US CABINET DEPOT RETIREMENT PLAN · MARIETTA, GA · plan year 2024

Reported admin expense ratio · 2024
1.41%

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

Bgi Group Inc dba US Cabinet Depot reported $56,422 in plan administrative expenses for 2024: 1.41% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,909 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.

Across the 2 years on file its reported administrative ratio rose from 0.39% to 1.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Georgia (1,668th of 2,160), and 3,707th of 4,246 in wholesale trade. In 2024, employees put in $1.77 for every $1.00 the employer contributed; active participation has grown from 120 to 138 since 2022.

Plan summary
Net assets, end of year$4,490,960
Participants with balances132
Active participants138
Employer contributions$263,457
Employee contributions$467,397
Employer contribution per active participant$1,909
Average account balance$34,022
Benefits paid to participants$194,402
Plan auditUnmodified (clean) audit opinion
AuditorRHODES, YOUNG, BLACK & DUNCAN
Plan history3
Yearassets · accounts · employer contribution
2024$4.5M · 132 accts · $263K emplr
2023$3.5M · 119 accts · $211K emplr
2022$2.6M · 109 accts · $232K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,422
Total administrative$56,422
The Bgi Group Inc dba US Cabinet Depot 401(k) match · 2024
Employer contribution per active participant$1,909
Median for plans this size$1,313
2024$1,909 per active participant
2023$1,822 per active participant
2022$1,936 per active participant

Bgi Group Inc dba US Cabinet Depot'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 · 20242
PNC BANK NA · Investment advisory (plan)$15,250

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

Administrative cost history3
2024$56,422 · 1.41%
2023$52,807 · 1.74%
2022$10,072 · 0.39%
Same employer
Similar plansWholesale Trade · Georgia
Woodford Plywood, Inc. GA$4.7M · 0.03%
Recteq, LLC GA$3.8M · 0.87%
Hettich America L.P. GA$3.7M · 0.80%
Premium Peanut, LLC GA$3.5M · 0.19%
Marquis Industries Inc. GA$3.4M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811215726 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.