Retirement plan

CABINET FACTORY 401(K) PLAN

Name: LEWIS BROTHERS, INC. DBA CABINET FACTORY - CABINET FACTORY 401(K) PLAN (2021) Form 5500
Creator: LEWIS BROTHERS, INC. DBA CABINET FACTORY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CABINET FACTORY 401(K) PLAN, LEWIS BROTHERS, INC. DBA CABINET FACTORY

LEWIS BROTHERS, INC. DBA CABINET FACTORYEIN 75-3206328Plan #001PY 2021

3460 NAAMANS ROAD - WILMINGTON, DE 19810302-529-1590

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.3M

+24.4% from 2020

Total participants

0.0% from 2020

Average account balance

$122,320

+35.7% from 2020

Annual return

13.81%

-11.54 pp from 2020

Benchmarks

See 8,357 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,357 peers

Snapshot2021

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$2.48M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$191K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

118.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$172K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+19.70%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

0 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2E2F2J2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)

Expense breakdown

Schedule H Part II

Admin total

$5K

$464 / participant

Other / not subdivided$5K100.0%

% of EOY assets

0.345%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$122,320

$127,779-4.3%

$106,551+14.8%

$167,518-27.0%

Participation rate

90.0%

78.3%+11.7pp

76.1%+13.9pp

82.1%+7.9pp

Annual return

13.81%

33.87%-20.1pp

26.80%-13.0pp

478.71%-464.9pp

Employer contribution / active EE

$3,742

$3,427+9.2%

$2,819+32.7%

$4,838-22.7%

Participant deferral / active EE

$8,150

$5,088+60.2%

$4,398+85.3%

$6,342+28.5%

Admin fee / account holder

$422

$11,228-96.2%

$7,408-94.3%

$12,312-96.6%

CABINET FACTORY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CABINET FACTORY 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion