Plan Ledger DOL Form 5500 · updated monthly

K.W. Thompson Tool Company, Inc.401(k)

K.W. THOMPSON TOOL COMPANY, INC. 401(K) PLAN · ROCHESTER, NH · plan year 2023

Reported admin expense ratio · 2023
0.57%

K.W. Thompson Tool Company, Inc. reported $14,789 in plan administrative expenses for 2023: 0.57% of average plan assets, above the peer median. 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 1 year on file its reported administrative ratio rose from 0.51% to 0.57%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in New Hampshire (366th of 411), and 12,490th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$2,639,013
Participants with balances77
Active participants71
Employer contributions—
Employee contributions$181,242
Employer contribution per active participant—
Average account balance$34,273
Benefits paid to participants$427,573
Plan auditUnmodified (clean) audit opinion
AuditorTAWNEY
Plan history2
Yearassets · accounts · employer contribution
2023$2.6M · 77 accts
2022$2.6M · 113 accts · $41K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$4,574
Investment management$10,215
Total administrative$14,789
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
COMMONWEALTH EQUITY SERVICES, INC. · Recordkeeping · Trustee$10,215
ADP, INC. · Loan processing · Recordkeeping$4,573
ADP BROKER-DEALER · Other servicesindirect comp

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

Administrative cost history2
2023$14,789 · 0.57%
2022$13,698 · 0.51%
Similar plansManufacturing · New Hampshire
Dci Inc. NH$3.5M · 0.19%
Scott Electronics, Inc. NH$3.3M · 0.05%
Soclean Inc. NH$2.9M · 1.34%
603 Manufacturing, LLC NH$2.6M · 0.03%
C&M Machine Products, Inc NH$2.5M · 0.37%
Textiles Coated, Inc. NH$2.4M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 020432933 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.