401(k) · DOL Form 5500 · 2023

Somerset Hardwood Flooring, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
459
Participants Below avg headcount
41st
Percentile by assets National rank
$8,871
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

$4M in assets, 459 participants

Somerset Hardwood Flooring, Inc.'s Somerset Hardwood Flooring Employee Retirement Plan reported $4M in total assets and 459 participants in its 2023 DOL Form 5500 filing, ranking in the 41st 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.

  • #4,443 in Manufacturing (18,722 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 $4M / 459 participants.

#4,443
in Manufacturing (18,722 peers)
-10.4%
assets change YoY

The plan reported a net loss of $474K 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 2023 · DOL Form 5500

$4,071,835 41st percentile higher than 41% of 127,068 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 2023

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

Plan-year 2023 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 (459 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Somerset Hardwood Flooring Employee Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to -$474K in the plan year 2023 filing.
  • Somerset Hardwood Flooring Employee Retirement Plan end-of-year assets fell from $5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Somerset Hardwood Flooring Employee Retirement Plan reported participants fell from 493 in the plan year 2022 filing to 459 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 611074211 · Somerset Hardwood Flooring, Inc. PY 2023 · 401(k)

Somerset Hardwood Flooring Employee Retirement Plan · $4M · 459 · 41st

  • IND $4M
  • EOY 459
  • 5500 41st
  • ASSETS 401(k)
  • PCT near Retirement Savings Plan for the Employees of Neurology Associates, LLP
  • EIN ind #4443

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…$4MRetirement Savings Plan for the Employees of Neurology Associates, LLPRetirement Savings Plan for …$4MEms 401(k) Plan$4MCarbon Health 401(k) Plan$4MSunshine Behavioral Health Group LLC 401(k) PlanSunshine Behavioral Health G…$4M
End-of-year total assets ($M) among Somerset Hardwood Flooring Employee Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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 (2023)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$4M
Net Income-$474K
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 -20246810 Total assets ($B) Participants Somerset Hardwood Flooring Employee Retirement Plan, Total assets ($B): 0.004071835 · Participants: 459Somerset Hardwood Flooring Employee Retirement PlanCommonspirit Health 401(k) Retirement Savings Plan, Total assets ($B): 7.871320063 · Participants: 86688Commonspirit Health 401(k) Retirement Savings PlanHumana Retirement Savings Plan, Total assets ($B): 7.374962984 · Participants: 45938Humana Retirement Savings PlanUPS/Ipa 401(k) Savings Plan, Total assets ($B): 1.324958147 · Participants: 3159UPS/Ipa 401(k) Savings PlanScionhealth 401(k) Plan, Total assets ($B): 1.221134526 · Participants: 33226Scionhealth 401(k) PlanLexmark Savings Plan, Total assets ($B): 1.205127047 · Participants: 1968Lexmark Savings 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 Retirement Savings Plan for the Employees of Neurology Associates, LLP in GA ($4M); by covered participants it is East Manufacturing Corporation 401(k) Plan in OH (459 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (459 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Somerset Hardwood Flooring Employee Retirement Plan pulled back noticeably - down 10.4% during 2023, from $5M to $4M. Reported net income was -$474K.
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 Retirement Savings Plan for the Employees of Neurology Associates, LLP in GA ($4M, 24 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 East Manufacturing Corporation 401(k) Plan in OH (459 participants, $8M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.