Plan Ledger DOL Form 5500 · updated monthly

United Cabinet Co., LLC401(k)

UNITED CABINET CO., LLC 401(K) AND PROFIT SHARING PLAN · NASHVILLE, TN · plan year 2023

Reported admin expense ratio · 2023
0.47%

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

United Cabinet Co., LLC reported $7,732 in plan administrative expenses for 2023: 0.47% of average plan assets, below the peer median. Employer contributions averaged $1,907 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 1 year on file its reported administrative ratio rose from 0.09% to 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Tennessee (1,343rd of 1,496), and 12,963rd of 13,661 in manufacturing. In 2023, employees put in $1.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,705,526
Participants with balances80
Active participants71
Employer contributions$135,430
Employee contributions$175,249
Employer contribution per active participant$1,907
Average account balance$21,319
Benefits paid to participants$388,445
Plan auditUnmodified (clean) audit opinion
AuditorBAKER NEWMAN NOYES, LLC
Plan history2
Yearassets · accounts · employer contribution
2023$1.7M · 80 accts · $135K emplr
2022$1.6M · 104 accts · $156K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$6,278
Investment management$1,454
Total administrative$7,732
The United Cabinet Co., LLC 401(k) match · 2023
Employer contribution per active participant$1,907
Median for plans this size$1,308
2023$1,907 per active participant
2022$1,604 per active participant

United Cabinet Co., LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
EMPOWER ADVISORY GROUP, LLC · Investment management$1,454

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

Administrative cost history2
2023$7,732 · 0.47%
2022$1,479 · 0.09%
Similar plansManufacturing · Tennessee
Marle America, Inc. TN$2.2M · 0.20%
Kyowa America Corporation TN$1.9M · 0.81%
Titan Implement, LLC TN$1.5M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351658217 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.