Plan Ledger DOL Form 5500 · updated monthly

Thomas and Thorngren, Inc.401(k)

THOMAS AND THORNGREN, INC. 401(K) PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Thomas and Thorngren, Inc. reported $5,739 in plan administrative expenses for 2024: 0.06% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,986 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 0.04% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Tennessee (829th of 1,496), and 7,965th of 11,654 in professional & technical services. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 177 to 201 since 2022.

Plan summary
Net assets, end of year$10,122,645
Participants with balances149
Active participants201
Employer contributions$399,220
Employee contributions$867,149
Employer contribution per active participant$1,986
Average account balance$67,937
Benefits paid to participants$259,420
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.1M · 149 accts · $399K emplr
2023$7.7M · 144 accts · $340K emplr
2022$5.6M · 134 accts · $314K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,155
Investment management$2,584
Total administrative$5,739
The Thomas and Thorngren, Inc. 401(k) match · 2024
Employer contribution per active participant$1,986
Median for plans this size$1,313
2024$1,986 per active participant
2023$1,771 per active participant
2022$1,776 per active participant

Thomas and Thorngren, 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$3,155

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$5,739 · 0.06%
2023$3,622 · 0.05%
2022$2,598 · 0.04%
Same employer
Similar plansProfessional & Technical Services · Tennessee
Fisher & Arnold, Inc. TN$12.5M · 0.28%
Rodefer Moss & Co, PLLC TN$12.4M · 0.35%
Qsource TN$11.8M · 0.48%
Merryman-Farr, LLC TN$11.1M · 0.68%
Foam Holdings, Inc. TN$9.2M · 1.01%
Kirkpatrick Price, Inc. TN$8.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621553208 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.