Plan Ledger DOL Form 5500 · updated monthly

Cabinet Discounters, Inc.401(k)

CABINET DISCOUNTERS, INC. 401(K) PROFIT SHARING PLAN · COLUMBIA, MD · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Cabinet Discounters, Inc. reported $32,453 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $894 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 fell from 0.22% to 0.20%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 722nd-largest of 1,671 plans among Maryland employers on file, and the 1,675th of 5,215 in retail trade. In 2024, employees put in $5.48 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,383,762
Participants with balances163
Active participants145
Employer contributions$129,650
Employee contributions$711,068
Employer contribution per active participant$894
Average account balance$106,649
Benefits paid to participants$660,668
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$17.4M · 163 accts · $130K emplr
2023$15.1M · 167 accts · $128K emplr
2022$13.5M · 163 accts · $122K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,647
Investment management$26,806
Total administrative$32,453
The Cabinet Discounters, Inc. 401(k) match · 2024
Employer contribution per active participant$894
Median for plans this size$2,416
2024$894 per active participant
2023$874 per active participant
2022$833 per active participant

Cabinet Discounters, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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 · 20243
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$26,805
ADP, INC. · Loan processing · Recordkeeping$5,647
ADP BROKER-DEALER · Other servicesindirect comp

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

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$32,453 · 0.20%
2023$26,476 · 0.19%
2022$32,335 · 0.22%
Same employer
Similar plansRetail Trade · Maryland
Tcps, Inc. MD$17.9M · 0.43%
Sport Chevrolet Company LLC MD$17.5M · 0.75%
Brandywine Auto Parts, Inc. MD$15.5M · 0.31%
Herson's, Inc MD$15.0M · 0.42%
Gladding Chevrolet, Inc. MD$14.9M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 521297865 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.