In recent years my general principle has been to introduce an abstraction (in this case split up a function) if it lowers local concepts to ~4 (presumably based on similar principles to the original post). I’ve taken to saying something along the lines of “abstractions motivated by reducing repetition or lines of code are often bad, whilst ones motivated by reducing cognitive load tend to be better”.

Good abstractions often reduce LOC, but I prefer to think of that as a happy byproduct rather than the goal.