Plan Ledger DOL Form 5500 · updated monthly

Royal Industries, Inc. dba Royal Cabinets401(k)

ROYAL INDUSTRIES, INC. 401(K) PLAN · POMONA, CA · plan year 2022

Reported admin expense ratio · 2022
0.08%

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

Royal Industries, Inc. dba Royal Cabinets reported $4,695 in plan administrative expenses for 2022: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $265 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 manufacturing employers. By assets it is among the smaller plans on file in California (6,891st of 9,483), and 11,027th of 13,661 in manufacturing. In 2022, employees put in $7.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,348,454
Participants with balances85
Active participants154
Employer contributions$40,742
Employee contributions$313,505
Employer contribution per active participant$265
Average account balance$62,923
Benefits paid to participants$322,209
Plan auditUnmodified (clean) audit opinion
AuditorMACIAS GINI & O'CONNELL LLP
The Royal Industries, Inc. dba Royal Cabinets 401(k) match · 2022
Employer contribution per active participant$265
Median for plans this size$1,114

Royal Industries, Inc. dba Royal Cabinets's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$4,695 · 0.08%
Similar plansManufacturing · California
Wild Type, Inc. CA$5.5M · 0.10%
Rloom Design Corp CA$5.5M · 1.09%
Rloom, LLC CA$5.4M · 1.06%
General Micro Systems CA$5.4M · 0.21%
Nixon, Inc. CA$5.3M · 0.40%
Hobie Cat Company II, LLC CA$5.3M · 0.35%
Western Composites LLC CA$5.3M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330119186 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.