Plan Ledger DOL Form 5500 · updated monthly

L.V. Thompson, Inc. dba Tamco401(k)

L.V. THOMPSON, INC. 401(K) PLAN · TAMPA, FL · plan year 2022

Reported admin expense ratio · 2022
0.51%

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

L.V. Thompson, Inc. dba Tamco reported $8,597 in plan administrative expenses for 2022: 0.51% of average plan assets, above the peer median. Employer contributions averaged $493 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Florida (3,207th of 3,644), and 13,010th of 13,661 in manufacturing. In 2022, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,600,214
Participants with balances60
Active participants144
Employer contributions$71,024
Employee contributions$127,562
Employer contribution per active participant$493
Average account balance$26,670
Benefits paid to participants$116,558
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,502
Investment management$5,095
Total administrative$8,597
The L.V. Thompson, Inc. dba Tamco 401(k) match · 2022
Employer contribution per active participant$493
Median for plans this size$1,114

L.V. Thompson, Inc. dba Tamco's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$8,597 · 0.51%
Similar plansManufacturing · Florida
M & B Products Inc FL$1.7M · 0.18%
Circuitronix, LLC FL$1.6M · 0.42%
Fracture Inc. FL$1.6M · 0.42%
Quality Enclosures, Inc. FL$1.6M · 0.86%
Eastern Aero Marine Inc. FL$1.5M · 0.03%
Bel USA FL$1.5M · 2.05%
The Florida Brewery, Inc. FL$1.4M · 1.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592981689 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.