Plan Ledger DOL Form 5500 · updated monthly

Thomasville National Bank401(k)

THOMASVILLE NATIONAL BANK 401(K) PROFIT SHARING PLAN · THOMASVILLE, GA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Thomasville National Bank reported $26,273 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,883 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 0.00% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 630th-largest of 2,160 plans among Georgia employers on file, and the 2,253rd of 4,798 in finance & insurance. In 2024, employees put in $1.28 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$33,384,694
Participants with balances155
Active participants127
Employer contributions$747,161
Employee contributions$953,432
Employer contribution per active participant$5,883
Average account balance$215,385
Benefits paid to participants$482,711
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$33.4M · 155 accts · $747K emplr
2023$27.5M · 146 accts · $700K emplr
2022$25.7M · 143 accts · $657K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$26,178
Total administrative$26,273
The Thomasville National Bank 401(k) match · 2024
Employer contribution per active participant$5,883
Median for plans this size$2,416
2024$5,883 per active participant
2023$5,688 per active participant
2022$4,936 per active participant

Thomasville National Bank's 2024 employer contribution ran above the $2,416 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 · 20241
JOHN HANCOCK LIFE INSURANCE CO. · Recordkeeping · Investment management$408

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$26,273 · 0.09%
2023$11,220 · 0.04%
2022$572 · 0.00%
Similar plansFinance & Insurance · Georgia
Blue Trust Inc. GA$36.3M · 0.33%
Queensborough Company GA$35.1M · 0.04%
Colony Bankcorp, Inc. GA$34.3M · 0.50%
Morris Bank GA$31.9M

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Source: U.S. Department of Labor, Form 5500 series, EIN 582184934 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.