Plan Ledger DOL Form 5500 · updated monthly

Thomas & Hutton Engineering Co.401(k)

THOMAS & HUTTON ENGINEERING CO. RETIREMENT PLAN · SAVANNAH, GA · plan year 2023

Reported admin expense ratio · 2023
0.01%

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

Thomas & Hutton Engineering Co. reported $7,491 in plan administrative expenses for 2023: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,154 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 1 year on file its reported administrative ratio rose from 0.00% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other professional & technical services employers. By assets it is the 251st-largest of 2,160 plans among Georgia employers on file, and the 1,307th of 11,654 in professional & technical services. In 2023, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$116,742,939
Participants with balances608
Active participants476
Employer contributions$2,453,085
Employee contributions$3,845,798
Employer contribution per active participant$5,154
Average account balance$192,011
Benefits paid to participants$3,863,435
Plan auditUnmodified (clean) audit opinion
AuditorSYMPHONA LLP
Plan history2
Yearassets · accounts · employer contribution
2023$116.7M · 608 accts · $2.5M emplr
2022$90.8M · 544 accts · $2.1M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$7,491
Total administrative$7,491
The Thomas & Hutton Engineering Co. 401(k) match · 2023
Employer contribution per active participant$5,154
Median for plans this size$3,659
2023$5,154 per active participant
2022$4,931 per active participant

Thomas & Hutton Engineering Co.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
EMPOWER ADVISORY GROUP, LLC · Investment management$2,729
ASCENSUS INCindirect comp
MMLISindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2023$7,491 · 0.01%
2022$1,226 · 0.00%
Same employer
Similar plansProfessional & Technical Services · Georgia
Pdi Technologies GA$135.5M · 0.15%
Aptean, Inc. GA$123.7M · 0.11%
Unifi Aviation, LLC GA$121.0M · 0.30%
Alithya USA, Inc. GA$115.0M · 0.05%
Meridian Cooperative, Inc. GA$109.3M · 0.26%
Artivion, Inc. GA$101.7M · 0.17%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 580652827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.