Western Cabinets & Affiliates, Inc. 401(k) Review & Grade
Western Cabinets & Affiliates 401(k) Plan
Dallas, TXManufacturing622 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$923Employer $ per active participant
$1,562Employee $ saved per active participant
0.58%Direct admin cost, % of plan assets
$13.8MNet plan assets, end of year
$33,036Average balance per account
Score breakdown
- Employer generosity7.5 / 5015th percentile for employer $ per participant
- Low cost4.6 / 2518th percentile for low admin cost vs. same-size plans
- Employee saving1.1 / 157th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score16 / 100 · Grade F
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 15th |
| Lower admin cost | 18th |
| Employee saving | 7th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Western Cabinets & Affiliates put in about $923 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.58% of assets) are well above similar-size plans (0.23%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $574,154 |
| Participant (employee) contributions | $971,349 |
| Other contributions (incl. rollovers in) | $0 |
| Administrative expenses paid from the plan | $76,792 |
| Contract administrator fees | $52,324 |
| Investment advisory & management fees | $4,375 |
| Other admin expenses | $700 |
| Benefits paid out | $1,540,609 |
| Net assets, start / end of year | $12.4M / $13.8M |
| Active participants, start / end of year | 627 / 617 |
| Participants with account balances | 419 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Payne & Smith, LLC CPA |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $19,393 reported compensation |
| Focus 401k Group LLC | $11,875 reported compensation |
| Wirth Robert E | $4,698 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251001160855NAL0021262434001, received 2025-10-01, EIN 75-2447383, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.