Plan Ledger DOL Form 5500 · updated monthly

Mark Thomas & Company, Inc.401(k)

MARK THOMAS & COMPANY, INC. 401(K) SAVINGS PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Mark Thomas & Company, Inc. reported $140,313 in plan administrative expenses for 2024: 0.23% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,662 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 0.17% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,415th-largest of 9,483 plans among California employers on file, and the 2,197th of 11,654 in professional & technical services. In 2024, employees put in $1.07 for every $1.00 the employer contributed; active participation has grown from 295 to 407 since 2022.

Plan summary
Net assets, end of year$65,169,162
Participants with balances610
Active participants407
Employer contributions$3,525,456
Employee contributions$3,758,875
Employer contribution per active participant$8,662
Average account balance$106,835
Benefits paid to participants$7,363,489
Plan auditUnmodified (clean) audit opinion
AuditorSTAMBAUGH NESS
Plan history3
Yearassets · accounts · employer contribution
2024$65.2M · 610 accts · $3.5M emplr
2023$55.3M · 543 accts · $945K emplr
2022$42.4M · 448 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$28,039
Investment management$112,274
Total administrative$140,313
The Mark Thomas & Company, Inc. 401(k) match · 2024
Employer contribution per active participant$8,662
Median for plans this size$3,635
2024$8,662 per active participant
2023$2,562 per active participant
2022$9,942 per active participant

Mark Thomas & Company, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$88,665
EMPOWER ADVISORY GROUP, LLC · Investment management$23,609

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$140,313 · 0.23%
2023$105,749 · 0.22%
2022$77,699 · 0.17%
All plans at this employer2
MARK THOMAS & COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
MARK THOMAS & COMPANY, INC. 401(K) SAVINGS PLAN401(k)
Same employer
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Baiduusa LLC CA$64.7M · 0.06%
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Source: U.S. Department of Labor, Form 5500 series, EIN 941451490 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.