Plan Snapshot
- Plan Sponsor: Cabinet Discounters, INC.
- Sponsor EIN: 521297865
- Sponsor Address: 9500 BERGER ROAD, COLUMBIA, MD, 21046
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 159
- Total Assets: $18.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 159 | $18.5M | $0 | $0 |
| 2024 | 145 | $17.4M | $129,650 | $711,068 |
| 2023 | 146 | $15.1M | $127,666 | $670,925 |
| 2022 | 146 | $13.5M | $121,685 | $686,644 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $30,483 | $4,712 | $35,195 |
| ADP, INC. | Recordkeeper | $6,974 | — | $6,974 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $42,169
- Estimated Expense Ratio: 0.228% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $2,384,369 | $30,483 | — | — | — |
| 2024 | $32,453 | $26,806 | — | — | — |
| 2023 | $26,476 | $23,542 | — | — | — |
| 2022 | $32,335 | — | — | — | — |