Plan Ledger DOL Form 5500 · updated monthly

Terrible Herbst, Inc.401(k)

THI RETIREMENT SAVINGS PLAN · LAS VEGAS, NV · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Terrible Herbst, Inc. reported $18,391 in plan administrative expenses for 2024: 0.26% of average plan assets, below the peer median. Employer contributions averaged $108 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 fell from 0.59% to 0.26%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Nevada (232nd of 437), and 3,045th of 5,215 in retail trade. In 2024, employees put in $8.03 for every $1.00 the employer contributed; active participation has grown from 1,098 to 1,415 since 2022.

Plan summary
Net assets, end of year$7,984,552
Participants with balances375
Active participants1,415
Employer contributions$153,481
Employee contributions$1,231,821
Employer contribution per active participant$108
Average account balance$21,292
Benefits paid to participants$397,931
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 375 accts · $153K emplr
2023$6.2M · 265 accts · $128K emplr
2022$5.6M · 250 accts · $54K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,391
Total administrative$18,391
The Terrible Herbst, Inc. 401(k) match · 2024
Employer contribution per active participant$108
Median for plans this size$1,313
2024$108 per active participant
2023$106 per active participant
2022$49 per active participant

Terrible Herbst, Inc.'s 2024 employer contribution ran below the $1,313 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 · 20243
STANCORP FINANCIAL GROUP · Claims processing · Recordkeepingindirect comp
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$50
LOREN D. STARK COMPANY, INC · Contract administrator · Other servicesindirect comp

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

Recordkeeper by year2
2024The Standard
2023The Standard

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

Administrative cost history3
2024$18,391 · 0.26%
2023$15,559 · 0.27%
2022$37,639 · 0.59%
Same employer
Similar plansRetail Trade · Nevada
Champion Chevrolet NV$10.7M · 0.38%
Star Nursery, Inc. NV$9.3M · 0.76%
Walkenhorst's NV$7.2M · 0.21%
Green Valley Grocery 401K NV$4.8M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 880093826 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.