401(k) · DOL Form 5500 · 2022

Somerset Hardwood Flooring, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
493
Participants Below avg headcount
49th
Percentile by assets National rank
$9,220
Avg per participant Low balance/head
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Official DOL plan name: Somerset Hardwood Flooring Employee Retirement Plan · Sponsored by Somerset Hardwood Flooring, Inc. · Kentucky · Manufacturing

$5M in assets, 493 participants

Somerset Hardwood Flooring, Inc.'s Somerset Hardwood Flooring Employee Retirement Plan reported $5M in total assets and 493 participants in its 2022 DOL Form 5500 filing, ranking in the 49th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #6,620 in Manufacturing (20,602 peers)

Somerset Hardwood Flooring, Inc. multi-year trail

Somerset Hardwood Flooring, Inc.'s plans moved -21.0% in assets from 2022 to 2024; this filing shows Somerset Hardwood Flooring Employee Retirement Plan at $5M / 493 participants.

#6,620
in Manufacturing (20,602 peers)
-72.1%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Somerset Hardwood Flooring Employee Retirement Plan's mid-pack asset rank among Manufacturing and all filers

Somerset Hardwood Flooring Employee Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$4,545,498 49th percentile higher than 49% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Somerset Hardwood Flooring Employee Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Somerset Hardwood Flooring Employee Retirement Plan sits mid-pack in the medium band (493 participants).

EBSA filing schedule strip

Filing strip 611074211 · Somerset Hardwood Flooring, Inc. PY 2022 · 401(k)

Somerset Hardwood Flooring Employee Retirement Plan · $5M · 493 · 49th

  • EIN $5M
  • EIN 493
  • EIN 49th
  • EIN 401(k)
  • EIN near Homewood & Associates 401(k) Plan
  • EIN ind #6620

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Kentucky →

Somerset Hardwood Flooring Employee Retirement Plan in the asset neighbourhood

Somerset Hardwood Flooring Employee Retirement PlanSomerset Hardwood Flooring E…$5MHomewood & Associates 401(k) PlanHomewood & Associates 401(k)…$5MSearchpros Staffing LLC 401(k) PlanSearchpros Staffing LLC 401(…$5MWasker, Dorr, Wimmer, & Marcouiller, P.C. 401(k) Profit Sharing Plan and TrustWasker, Dorr, Wimmer, & Marc…$5MFactor 401(k) Retirement Plan$5M
End-of-year total assets ($M) among Somerset Hardwood Flooring Employee Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Somerset Hardwood Flooring, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Somerset Hardwood Flooring, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 20.96843954171798% vs 2022
2024 filing year
$3M$3.5M$4M$4.5M$5M 202220232024 $4.55M $3.59M ▼ -21.1%
Year Plans Participants Total Assets
2022 1 493 $5M
2023 1 459 $4M
2024 1 313 $4M

Somerset Hardwood Flooring, Inc. filing trail (2022)

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$5M
Net Income-$3M
Employer EIN611074211
Plan Effective Date1989-09-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Kentucky

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Somerset Hardwood Flooring Employee Retirement Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -202468 Total assets ($B) Participants Somerset Hardwood Flooring Employee Retirement Plan, Total assets ($B): 0.004545498 · Participants: 493Somerset Hardwood Flooring Employee Retirement PlanHumana Retirement Savings Plan, Total assets ($B): 6.44425797 · Participants: 44930Humana Retirement Savings PlanCommonspirit Health 401(k) Retirement Savings Plan, Total assets ($B): 6.066519058 · Participants: 85671Commonspirit Health 401(k) Retirement Savings PlanUPS/Ipa 401 (K) Savings Plan, Total assets ($B): 1.16367227 · Participants: 2992UPS/Ipa 401 (K) Savings PlanLexmark Savings Plan, Total assets ($B): 1.059618486 · Participants: 1811Lexmark Savings PlanKindred 401 (K) Plan, Total assets ($B): 0.969290029 · Participants: 22132Kindred 401 (K) Plan
Somerset Hardwood Flooring Employee Retirement Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants
Compare Somerset Hardwood Flooring Employee Retirement Plan side-by-side with 3 peers →

Somerset Hardwood Flooring Employee Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Kentucky, the nearest 401(k) by assets is Homewood & Associates 401(k) Plan in OH ($5M); by covered participants it is Phaidon International 401(k) Plan in NY (493 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (493 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Somerset Hardwood Flooring Employee Retirement Plan assets move in 2022? ▼
Somerset Hardwood Flooring Employee Retirement Plan contracted severely - down 72.1% during 2022, from $16M to $5M. Reported net income was -$3M.
How have Somerset Hardwood Flooring, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Somerset Hardwood Flooring, Inc.'s sponsor-wide assets declined 21.0%, from $5M to $4M.
Which 401(k) plans are similar in size to Somerset Hardwood Flooring Employee Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Homewood & Associates 401(k) Plan in OH ($5M, 123 participants).
Which 401(k) plans cover a similar participant headcount to Somerset Hardwood Flooring Employee Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Phaidon International 401(k) Plan in NY (493 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 611074211.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.