Plan Ledger DOL Form 5500 · updated monthly

Lanz Cabinet Shop, Inc.401(k)

LANZ CABINETS RETIREMENT PLAN · EUGENE, OR · plan year 2024

Reported admin expense ratio · 2024
0.84%

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

Lanz Cabinet Shop, Inc. reported $88,197 in plan administrative expenses for 2024: 0.84% of average plan assets, higher than ~90% of peers. Employer contributions averaged $736 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 0.74% to 0.84%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Oregon (538th of 1,021), and 8,529th of 13,661 in manufacturing. In 2024, employees put in $3.38 for every $1.00 the employer contributed; active participation has shrunk from 274 to 243 since 2022.

Plan summary
Net assets, end of year$10,601,340
Participants with balances236
Active participants243
Employer contributions$178,735
Employee contributions$604,705
Employer contribution per active participant$736
Average account balance$44,921
Benefits paid to participants$1,737,336
Plan auditUnmodified (clean) audit opinion
AuditorKERNUTT STOKES
Plan history3
Yearassets · accounts · employer contribution
2024$10.6M · 236 accts · $179K emplr
2023$10.4M · 249 accts · $197K emplr
2022$8.6M · 248 accts · $192K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,577
Investment management$29,533
Total administrative$88,197
The Lanz Cabinet Shop, Inc. 401(k) match · 2024
Employer contribution per active participant$736
Median for plans this size$2,416
2024$736 per active participant
2023$724 per active participant
2022$699 per active participant

Lanz Cabinet Shop, 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 · 20242
JOHN HANCOCK LIFE INSURANCE COMPANY · Recordkeeping · Investment management$3,058
WELLS FARGO ADVISORS LLC · Investment advisory (participants)$29,534

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$88,197 · 0.84%
2023$57,705 · 0.61%
2022$68,932 · 0.74%
Same employer
Similar plansManufacturing · Oregon
Meduri Farms, Inc. OR$10.7M · 0.88%
Phoseon Technology Inc. OR$10.7M · 0.27%
Sheldon Manufacturing, Inc. OR$10.7M · 0.05%
Routeware, Inc. OR$10.6M · 0.12%
Blazer Industries, Inc. OR$10.5M · 0.67%
Vanguard Ems, Inc. OR$10.3M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930581543 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.