Plan Ledger DOL Form 5500 · updated monthly

Next Level Door & Millwork, Inc.401(k)

NEXT LEVEL DOOR 401(K) PLAN · INDIO, CA · plan year 2022

Reported admin expense ratio · 2022
1.05%

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

Next Level Door & Millwork, Inc. reported $44,171 in plan administrative expenses for 2022: 1.05% of average plan assets, higher than ~75% of peers. Employer contributions averaged $790 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in California (7,386th of 9,483), and 4,229th of 5,337 in construction. In 2022, employees put in $1.76 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,001,037
Participants with balances72
Active participants216
Employer contributions$170,577
Employee contributions$300,168
Employer contribution per active participant$790
Average account balance$55,570
Benefits paid to participants$139,711
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$24,741
Investment management$17,570
Professional / advisory$1,860
Total administrative$44,171
The Next Level Door & Millwork, Inc. 401(k) match · 2022
Employer contribution per active participant$790
Median for plans this size$1,114

Next Level Door & Millwork, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$44,171 · 1.05%
All plans at this employer2
NEXT LEVEL DOOR 401(K) PLAN401(k)
NLDM EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansConstruction · California
Schamber Electric, Inc. CA$4.1M · 0.42%
McCuen Construction, Inc. CA$4.0M · 0.09%
Benchmark Landscape, Inc. CA$4.0M · 0.22%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 454294919 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.