Plan Ledger DOL Form 5500 · updated monthly

Thomas Management, LLC401(k)

THOMAS CUISINE MANAGEMENT 401(K) PLAN · MERIDIAN, ID · plan year 2024

Reported admin expense ratio · 2024
0.63%

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

Thomas Management, LLC reported $160,254 in plan administrative expenses for 2024: 0.63% of average plan assets, higher than ~75% of peers. Employer contributions averaged $671 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 fell from 0.85% to 0.63%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other accommodation & food services employers. By assets it is the 83rd-largest of 349 plans among Idaho employers on file, and the 231st of 2,240 in accommodation & food services. In 2024, employees put in $2.92 for every $1.00 the employer contributed; active participation has grown from 974 to 1,392 since 2022.

Plan summary
Net assets, end of year$26,838,494
Participants with balances707
Active participants1,392
Employer contributions$934,355
Employee contributions$2,726,280
Employer contribution per active participant$671
Average account balance$37,961
Benefits paid to participants$4,439,253
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.8M · 707 accts · $934K emplr
2023$24.4M · 606 accts · $818K emplr
2022$19.2M · 567 accts · $692K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$104,785
Investment management$55,469
Total administrative$160,254
The Thomas Management, LLC 401(k) match · 2024
Employer contribution per active participant$671
Median for plans this size$2,416
2024$671 per active participant
2023$703 per active participant
2022$711 per active participant

Thomas Management, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20244
PENSIONMARK FINANCIAL GROUP, LLC · Investment advisory (plan)$30,000
COTA STREET INVESTMENT MANAGEMENT · Investment management$25,469
PINNACLE PENSION SERVICES, INC. · Contract administrator$25,010

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$160,254 · 0.63%
2023$168,188 · 0.77%
2022$174,515 · 0.85%
Same employer
Similar plansAccommodation & Food Services · Idaho
Eos Investors LLC NY$26.7M · 0.44%
Boardwalk 1000, LLC NJ$26.6M · 0.28%
Hotelbeds USA, Inc. FL$26.6M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 820410020 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.