Plan Ledger DOL Form 5500 · updated monthly

Excel Cabinets, Inc.401(k)

EXCEL CABINETS, INC. 401(K) PLAN · CORONA, CA · plan year 2024

Reported admin expense ratio · 2024
1.12%

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

Excel Cabinets, Inc. reported $38,225 in plan administrative expenses for 2024: 1.12% of average plan assets, higher than ~75% of peers. Employer contributions averaged $930 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 3 years on file its reported administrative ratio has held roughly steady near 1.12%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (7,473rd of 9,483), and 4,295th of 5,337 in construction. In 2024, employees put in $2.30 for every $1.00 the employer contributed; active participation has grown from 181 to 215 since 2022.

Plan summary
Net assets, end of year$3,798,310
Participants with balances299
Active participants215
Employer contributions$200,000
Employee contributions$460,890
Employer contribution per active participant$930
Average account balance$12,703
Benefits paid to participants$231,584
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.8M · 299 accts · $200K emplr
2023$3.0M · 271 accts
2022$2.5M · 254 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,960
Investment management$13,265
Total administrative$38,225
The Excel Cabinets, Inc. 401(k) match · 2024
Employer contribution per active participant$930
Median for plans this size$1,313

Excel Cabinets, Inc.'s 2024 employer contribution ran below 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 · 20243
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$23,084
HICKS PENSION SERVICES · Recordkeeping · Loan processing$1,876
MERRILL LYNCH LIFE AGENCY, INC. · Investment advisory (plan)$13,265

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

Recordkeeper by year2
2024HICKS PENSION SERVICES, Transamerica
2023HICKS PENSION SERVICES, Transamerica

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

Administrative cost history3
2024$38,225 · 1.12%
2023$31,173 · 1.12%
2022$30,217 · 1.17%
Same employer
Similar plansConstruction · California
Benchmark Landscape, Inc. CA$4.0M · 0.22%
Horizon Lighting, Inc. CA$3.7M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330521926 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.