Retirement plan

CABINET FACTORY 401(K) PLAN

Name: LEWIS BROTHERS, INC. DBA CABINET FACTORY - CABINET FACTORY 401(K) PLAN (2024) 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 2024

3460 NAAMANS ROAD - WILMINGTON, DE 19810302-543-5550

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$1.9M

+22.9% from 2023

Total participants

0.0% from 2023

Average account balance

$160,831

+33.2% from 2023

Annual return

13.81%

-4.71 pp from 2023

Benchmarks

See 8,621 peers

Peer group

Industry32 - Manufacturing

Plan typeDefined contribution

Participants<25

Cohort8,621 peers

Snapshot2024

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

$8K

$719 / participant

Other / not subdivided$8K100.0%

% of EOY assets

0.410%

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

$160,831

$125,193+28.5%

$105,591+52.3%

$145,978+10.2%

Participation rate

90.9%

77.6%+13.3pp

75.3%+15.6pp

80.3%+10.6pp

Annual return

13.81%

225.53%-211.7pp

116.43%-102.6pp

550.52%-536.7pp

Employer contribution / active EE

$4,065

$3,718+9.3%

$3,166+28.4%

$4,662-12.8%

Participant deferral / active EE

$9,692

$5,708+69.8%

$5,008+93.5%

$6,690+44.9%

Admin fee / account holder

$659

$17,277-96.2%

$11,024-94.0%

$13,400-95.1%

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