Plan Ledger DOL Form 5500 · updated monthly

Thomas Instrument, Inc.401(k)

THOMAS INSTRUMENT, INC. 401(K) PLAN · BROOKSHIRE, TX · plan year 2024

Reported admin expense ratio · 2024
0.41%

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

Thomas Instrument, Inc. reported $94,456 in plan administrative expenses for 2024: 0.41% of average plan assets, above the peer median. Employer contributions averaged $3,029 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 0.32% to 0.41%. 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 1,837th-largest of 5,688 plans among Texas employers on file, and the 5,401st of 13,661 in manufacturing. In 2024, employees put in $1.96 for every $1.00 the employer contributed; active participation has grown from 198 to 224 since 2022.

Plan summary
Net assets, end of year$23,121,246
Participants with balances248
Active participants224
Employer contributions$678,418
Employee contributions$1,329,159
Employer contribution per active participant$3,029
Average account balance$93,231
Benefits paid to participants$3,947,909
Plan auditUnmodified (clean) audit opinion
AuditorABIP, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$23.1M · 248 accts · $678K emplr
2023$22.8M · 233 accts · $596K emplr
2022$20.6M · 219 accts · $562K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,456
Total administrative$94,456
The Thomas Instrument, Inc. 401(k) match · 2024
Employer contribution per active participant$3,029
Median for plans this size$2,416
2024$3,029 per active participant
2023$2,865 per active participant
2022$2,836 per active participant

Thomas Instrument, 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 · 20245
GALLAGHER BENEFIT SERVICES · Investment advisory (plan)$33,109
EMPOWER ADVISORY GROUP, LLC · Investment management$8,146
ABIP PC · Accounting / audit$8,000
LOREN D STARK COMPANY · Contract administrator$4,320

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$94,456 · 0.41%
2023$70,937 · 0.33%
2022$62,803 · 0.32%
Same employer
Similar plansManufacturing · Texas
American Alloy Steel, Inc. TX$23.5M · 0.34%
Firefly Aerospace Inc. TX$23.5M · 0.79%
Thomas Reprographics, Inc. TX$23.2M · 0.29%
Keg 1 O'Neal LLC TX$23.0M · 0.08%
Republic Plastics, LTD TX$22.8M · 0.64%
Anchor Partners, LLC TX$22.8M · 0.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741481595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.