Plan Ledger DOL Form 5500 · updated monthly

Thermo King Fresno, Inc.401(k)

THERMO KING FRESNO, INC. 401(K) RETIREMENT PLAN · FRESNO, CA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Thermo King Fresno, Inc. reported $26,726 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $587 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 0.04% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in California (5,361st of 9,483), and the 1,629th of 3,341 in other services. In 2024, employees put in $5.96 for every $1.00 the employer contributed; active participation has grown from 175 to 217 since 2022.

Plan summary
Net assets, end of year$10,324,215
Participants with balances145
Active participants217
Employer contributions$127,325
Employee contributions$759,215
Employer contribution per active participant$587
Average account balance$71,201
Benefits paid to participants$763,947
Plan auditUnmodified (clean) audit opinion
AuditorDRITSAS GROOM MCCORMICK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$10.3M · 145 accts · $127K emplr
2023$8.9M · 140 accts · $118K emplr
2022$7.0M · 139 accts · $98K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,726
Total administrative$26,726
The Thermo King Fresno, Inc. 401(k) match · 2024
Employer contribution per active participant$587
Median for plans this size$1,313
2024$587 per active participant
2023$639 per active participant
2022$559 per active participant

Thermo King Fresno, 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$26,725
LPL FINANCIAL LLC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$26,726 · 0.28%
2023$3,997 · 0.05%
2022$3,010 · 0.04%
Same employer
Similar plansOther Services · California
Echo Foundation CA$10.7M · 0.27%
Oil Changer, Inc. CA$10.7M · 0.59%
Glide Foundation CA$10.6M · 0.93%
Singer Vehicle Design CA$9.9M · 0.90%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770015018 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.