Plan Ledger DOL Form 5500 · updated monthly

Integrity Cabinets401(k)

INTEGRITY CABINETS 401(K) PLAN · LINEVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Integrity Cabinets reported $2,538 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $751 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 0.37% to 0.15%. 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 Alabama (805th of 902), and 4,850th of 5,337 in construction. In 2024, employees put in $1.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,928,789
Participants with balances105
Active participants190
Employer contributions$142,698
Employee contributions$228,691
Employer contribution per active participant$751
Average account balance$18,369
Benefits paid to participants$197,134
Plan auditUnmodified (clean) audit opinion
AuditorKALIFEH BEDSOLE ADAMS, PC
Plan history2
Yearassets · accounts · employer contribution
2024$1.9M · 105 accts · $143K emplr
2022$986K · 98 accts · $94K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,538
Total administrative$2,538
The Integrity Cabinets 401(k) match · 2024
Employer contribution per active participant$751
Median for plans this size$1,313
2024$751 per active participant
2022$721 per active participant

Integrity Cabinets'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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator$1,288

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

Administrative cost history2
2024$2,538 · 0.15%
2022$3,139 · 0.37%
Same employer
Similar plansConstruction · Alabama
Sky Holdings, Inc. AL$2.1M · 0.20%
Sparks Energy, Inc. AL$1.5M · 2.22%
Reed Alabama, Inc. AL$1.4M · 0.73%

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Source: U.S. Department of Labor, Form 5500 series, EIN 201442660 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.