Plan Ledger DOL Form 5500 · updated monthly

Thom Browne Inc401(k)

THOM BROWNE, INC. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Thom Browne Inc reported $18,301 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. Employer contributions averaged $3,417 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 0.25% to 0.33%. 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 New York (4,251st of 5,648), and 3,455th of 5,215 in retail trade. In 2024, employees put in $2.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,173,781
Participants with balances227
Active participants121
Employer contributions$413,492
Employee contributions$986,549
Employer contribution per active participant$3,417
Average account balance$27,197
Benefits paid to participants$984,605
Plan auditUnmodified (clean) audit opinion
AuditorFUNARO & CO. P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 227 accts · $413K emplr
2023$5.0M · 220 accts · $377K emplr
2022$3.3M · 193 accts · $316K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,365
Investment management$13,936
Total administrative$18,301
The Thom Browne Inc 401(k) match · 2024
Employer contribution per active participant$3,417
Median for plans this size$1,313
2024$3,417 per active participant
2023$3,088 per active participant
2022$2,726 per active participant

Thom Browne Inc's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
MORGAN STANLEY SMITH BARNEY · Recordkeeping · Trustee$13,936
ADP, INC. · Loan processing · Recordkeeping$4,365
ADP BROKER-DEALER · 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
2024ADP, Morgan Stanley
2023ADP, Morgan Stanley

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Administrative cost history3
2024$18,301 · 0.33%
2023$11,808 · 0.29%
2022$7,725 · 0.25%
Same employer
Similar plansRetail Trade · New York
Ed Shults Chevrolet, Inc. NY$6.4M · 0.08%
Amorepacific US, Inc. NY$6.3M · 0.63%
Lithic, Inc. NY$6.3M · 0.12%
Total Care Rx NY$6.3M · 0.10%
Van Bortel Ford, Inc. NY$6.0M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900009098 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.