Plan Ledger DOL Form 5500 · updated monthly

Thermo King West, Inc.401(k)

THERMO KING WEST, INC. 401(K) PLAN · TOLLESON, AZ · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Thermo King West, Inc. reported $52,424 in plan administrative expenses for 2024: 0.55% of average plan assets, above the peer median. Employer contributions averaged $1,678 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 0.72% to 0.55%. 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 the 588th-largest of 1,285 plans among Arizona employers on file, and the 1,650th of 3,341 in other services. In 2024, employees put in $2.43 for every $1.00 the employer contributed; active participation has grown from 197 to 252 since 2022.

Plan summary
Net assets, end of year$10,024,048
Participants with balances276
Active participants252
Employer contributions$422,799
Employee contributions$1,029,285
Employer contribution per active participant$1,678
Average account balance$36,319
Benefits paid to participants$1,877,254
Plan auditUnmodified (clean) audit opinion
AuditorKIMBERLIN COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 276 accts · $423K emplr
2023$9.2M · 214 accts · $370K emplr
2022$7.0M · 212 accts · $286K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$52,424
Total administrative$52,424
The Thermo King West, Inc. 401(k) match · 2024
Employer contribution per active participant$1,678
Median for plans this size$1,313
2024$1,678 per active participant
2023$1,900 per active participant
2022$1,450 per active participant

Thermo King West, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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
CETERA INVESTMENT SERVICES LLC · Investment advisory (plan)$35,232
CETERA RETIREMENT PLAN SPECIALISTS · Contract administrator$17,256
CAPITAL GROUP RETIREMENT PLAN SERVI$7,351

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$52,424 · 0.55%
2023$54,016 · 0.67%
2022$50,860 · 0.72%
Same employer
Similar plansOther Services · Arizona
Cp Skin Health Group, Inc AZ$10.7M · 0.23%
Proteor USA, LLC AZ$10.3M · 0.53%
The Arizona Humane Society AZ$10.0M · 1.11%
Scottsdale Bible Church AZ$10.0M · 0.64%
Ammo Inc AZ$9.2M · 1.06%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 860962146 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.