Plan Ledger DOL Form 5500 · updated monthly

Finish Thompson, Inc.401(k)

FINISH THOMPSON, INC. PROFIT SHARING AND SAVINGS & MATCH PLAN · ERIE, PA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Finish Thompson, Inc. reported $14,550 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,461 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 3 years on file its reported administrative ratio has held roughly steady near 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,516th-largest of 3,651 plans among Pennsylvania employers on file, and the 5,845th of 13,661 in manufacturing. In 2024, the employer put in $1.87 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$20,468,675
Participants with balances195
Active participants140
Employer contributions$1,184,581
Employee contributions$632,378
Employer contribution per active participant$8,461
Average account balance$104,968
Benefits paid to participants$2,401,644
Plan auditUnmodified (clean) audit opinion
AuditorSCHAFFNER, KNIGHT, MINNAUGH & CO PC
Plan history3
Yearassets · accounts · employer contribution
2024$20.5M · 195 accts · $1.2M emplr
2023$18.6M · 175 accts · $1.1M emplr
2022$15.3M · 163 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,700
Total administrative$14,550
The Finish Thompson, Inc. 401(k) match · 2024
Employer contribution per active participant$8,461
Median for plans this size$2,416
2024$8,461 per active participant
2023$8,126 per active participant
2022$7,090 per active participant

Finish Thompson, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 · 20241
VOYA RETIREMENT INSURANCE & ANNUITY · Recordkeeping$14,550

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

Recordkeeper by year2
2024Voya
2023Voya

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$14,550 · 0.07%
2023$13,800 · 0.08%
2022$12,250 · 0.08%
Same employer
Similar plansManufacturing · Pennsylvania
Kerotest Industries, Inc. PA$21.1M · 0.00%
Nursery Supplies, Inc. PA$20.9M · 0.05%
G. O. Carlson, Inc. PA$20.8M · 0.20%
Flexicon Corporation PA$20.7M · 0.55%
Libertas Copper, LLC PA$20.3M · 0.23%
Drummond Scientific Company PA$19.7M · 0.61%

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Source: U.S. Department of Labor, Form 5500 series, EIN 250985057 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.