401(k) · DOL Form 5500 · 2024

Somerset Hardwood Flooring, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
313
Participants Below avg headcount
37th
Percentile by assets National rank
$11,477
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, 313 participants

Somerset Hardwood Flooring, Inc.'s Somerset Hardwood Flooring Employee Retirement Plan reported $4M in total assets and 313 participants in its 2024 DOL Form 5500 filing, ranking in the 37th 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.

  • #3,540 in Manufacturing (17,777 peers)

Coverage in Kentucky

Somerset Hardwood Flooring Employee Retirement Plan covers 313 participants in Kentucky, about 48% of the average Kentucky filer (state average ~647 per filing). Assets: $4M.

#3,540
in Manufacturing (17,777 peers)
-11.8%
assets change YoY

The plan reported a net loss of $479K 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 2024 · DOL Form 5500

$3,592,378 37th percentile higher than 37% of 123,620 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 2024

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

Plan-year 2024 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 (313 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Somerset Hardwood Flooring Employee Retirement Plan reported participants fell from 459 in the plan year 2023 filing to 313 in the plan year 2024 filing.
  • Somerset Hardwood Flooring Employee Retirement Plan end-of-year assets fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 611074211 · Somerset Hardwood Flooring, Inc. PY 2024 · 401(k)

Somerset Hardwood Flooring Employee Retirement Plan · $4M · 313 · 37th

  • TYPE $4M
  • NET 313
  • BOOK 37th
  • VS-ST 401(k)
  • BOY near Cline Carroll & Company LLP 401(k) Profit Sharing Plan
  • SCH ind #3540

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…$4MCline Carroll & Company LLP 401(k) Profit Sharing PlanCline Carroll & Company LLP …$4MThe Employees' 401(k) Plan of Southeast RegionThe Employees' 401(k) Plan o…$4MAgente Technical LLC Retirement TrustAgente Technical LLC Retirem…$4MPin of Ga 401(k) Plan$4M
End-of-year total assets ($M) among Somerset Hardwood Flooring Employee Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Kentucky filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income-$479K
Employer EIN611074211
Plan Effective Date1989-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Somerset Hardwood Flooring, Inc.)

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

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): 0.003592378 · Participants: 313Somerset Hardwood Flooring Employee Retirement PlanCommonspirit Health 401(k) Retirement Savings Plan, Total assets ($B): 8.826314209 · Participants: 90345Commonspirit Health 401(k) Retirement Savings PlanHumana Retirement Savings Plan, Total assets ($B): 7.706147015 · Participants: 45706Humana Retirement Savings PlanUPS/Ipa 401(k) Savings Plan, Total assets ($B): 1.501700415 · Participants: 3064UPS/Ipa 401(k) Savings PlanScionhealth 401(k) Plan, Total assets ($B): 1.316012841 · Participants: 23753Scionhealth 401(k) PlanLexmark Savings Plan, Total assets ($B): 1.211057397 · Participants: 1919Lexmark 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 Cline Carroll & Company LLP 401(k) Profit Sharing Plan in CA ($4M); by covered participants it is 403(b) Thrift Plan of Waypoint in NH (313 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (313 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024? ▼
Somerset Hardwood Flooring Employee Retirement Plan pulled back noticeably - down 11.8% during 2024, from $4M to $4M. Reported net income was -$479K.
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 Cline Carroll & Company LLP 401(k) Profit Sharing Plan in CA ($4M, 17 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 403(b) Thrift Plan of Waypoint in NH (313 participants, $10M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

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.