Plan Ledger DOL Form 5500 · updated monthly

Thinkom Solutions, Inc.401(k)

THINKOM RETIREMENT SAVINGS PLAN · HAWTHORNE, CA · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Thinkom Solutions, Inc. reported $62,596 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $3,474 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 0.238%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 2,818th-largest of 9,483 plans among California employers on file, and the 4,717th of 13,661 in manufacturing. In 2024, employees put in $2.41 for every $1.00 the employer contributed; active participation has grown from 127 to 158 since 2022.

Plan summary
Net assets, end of year$28,146,467
Participants with balances150
Active participants158
Employer contributions$548,815
Employee contributions$1,324,838
Employer contribution per active participant$3,474
Average account balance$187,643
Benefits paid to participants$2,179,461
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$28.1M · 150 accts · $549K emplr
2023$24.5M · 153 accts · $528K emplr
2022$20.0M · 143 accts · $484K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,285
Investment management$28,011
Audit (IQPA)$13,300
Total administrative$62,596
The Thinkom Solutions, Inc. 401(k) match · 2024
Employer contribution per active participant$3,474
Median for plans this size$2,416
2024$3,474 per active participant
2023$3,669 per active participant
2022$3,810 per active participant

Thinkom Solutions, Inc.'s 2024 employer contribution ran above the $2,416 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
EMPOWER ADVISORY GROUP, LLC · Investment management$28,011
BEACH FREEMAN LIM & CLELAND LLP · Accounting / audit$13,300

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$62,596 · 0.24%
2023$53,331 · 0.24%
2022$50,655 · 0.24%
Same employer
Similar plansManufacturing · California
Stats Chippac, Incorporated CA$28.3M · 0.02%
Energy Recovery, Inc. CA$28.2M · 0.46%
Kyocera Sld Laser, Inc. CA$28.1M · 0.13%
Baker Commodities, Inc. CA$27.9M · 0.17%
Atx Networks (Dallas) Corp. CA$27.9M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954801643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.