Plan Ledger DOL Form 5500 · updated monthly

C.L. Thomas, Inc.401(k)

C.L. THOMAS, INC. 401(K) PROFIT SHARING PLAN · VICTORIA, TX · plan year 2024

Reported admin expense ratio · 2024
0.07%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

C.L. Thomas, Inc. reported $18,607 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $308 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.04% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is the 1,578th-largest of 5,688 plans among Texas employers on file, and the 466th of 2,534 in administrative & support services. In 2024, employees put in $2.10 for every $1.00 the employer contributed; active participation has grown from 584 to 1,164 since 2022.

Plan summary
Net assets, end of year$28,906,701
Participants with balances230
Active participants1,164
Employer contributions$358,459
Employee contributions$754,117
Employer contribution per active participant$308
Average account balance$125,681
Benefits paid to participants$1,146,670
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.9M · 230 accts · $358K emplr
2023$24.5M · 218 accts · $330K emplr
2022$19.7M · 223 accts · $308K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,174
Investment management$9,433
Total administrative$18,607
The C.L. Thomas, Inc. 401(k) match · 2024
Employer contribution per active participant$308
Median for plans this size$2,416
2024$308 per active participant
2023$433 per active participant
2022$527 per active participant

C.L. Thomas, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$9,433
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$9,174

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$18,607 · 0.07%
2023$10,287 · 0.05%
2022$8,261 · 0.04%
Same employer
Similar plansAdministrative & Support Services · Texas
Eemployers Solutions, Inc. TX$35.6M · 0.70%
Jenkins Services, Inc. TX$33.5M · 0.74%
Cart.com, Inc. TX$25.5M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 742137687 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.