Plan Ledger DOL Form 5500 · updated monthly

Thetford LLC401(k)

THETFORD LLC 401(K) PROFIT SHARING PLAN · ANN ARBOR, MI · plan year 2022

Reported admin expense ratio · 2022
0.26%

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

Thetford LLC reported $101,209 in plan administrative expenses for 2022: 0.26% of average plan assets, below the peer median. Employer contributions averaged $1,962 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 3 years on file its reported administrative ratio has held roughly steady near 0.27%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other manufacturing employers. By assets it is the 721st-largest of 2,619 plans among Michigan employers on file, and the 4,161st of 13,661 in manufacturing. In 2022, employees put in $2.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,444,557
Participants with balances836
Active participants497
Employer contributions$974,914
Employee contributions$2,557,465
Employer contribution per active participant$1,962
Average account balance$40,005
Benefits paid to participants$7,073,648
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.8M · 410 accts · $433K emplr
2023$28.4M · 484 accts · $479K emplr
2022$33.4M · 836 accts · $975K emplr
The Thetford LLC 401(k) match · 2022
Employer contribution per active participant$1,962
Median for plans this size$2,266
2024$2,092 per active participant
2023$2,109 per active participant
2022$1,962 per active participant

Thetford LLC's 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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

Administrative cost history3
2024$71,464 · 0.27%
2023$135,868 · 0.44%
2022$101,209 · 0.26%
Same employer
Similar plansManufacturing · Michigan
Renk America LLC MI$33.3M · 0.26%
The Ideal Group, Inc. MI$33.1M · 0.39%
Applied Process, Inc. MI$32.9M · 0.29%
Utica Enterprises, Inc. MI$32.4M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381716528 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.