Plan Ledger DOL Form 5500 · updated monthly

Thompson Automotive of Dundalk, Inc401(k)

THOMPSON AUTOMOTIVE GROUP 401(K) PLAN · BALTIMORE, MD · plan year 2022

Reported admin expense ratio · 2022
0.82%

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

Thompson Automotive of Dundalk, Inc reported $46,921 in plan administrative expenses for 2022: 0.82% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,001 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Maryland (1,298th of 1,671), and 3,828th of 5,215 in retail trade. In 2022, employees put in $1.66 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,765,513
Participants with balances68
Active participants46
Employer contributions$138,048
Employee contributions$228,836
Employer contribution per active participant$3,001
Average account balance$70,081
Benefits paid to participants$1,134,149
Plan auditUnmodified (clean) audit opinion
AuditorGORFINE, SCHILLER & GARDYN, PA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$29,995
Investment management$16,926
Total administrative$46,921
The Thompson Automotive of Dundalk, Inc 401(k) match · 2022
Employer contribution per active participant$3,001
Median for plans this size$1,114

Thompson Automotive of Dundalk, Inc's 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$46,921 · 0.82%
Similar plansRetail Trade · Maryland
Len Stoler, Inc. MD$5.3M · 0.60%
B. Green & Company, Inc. MD$5.3M · 0.47%
Younger Motorcars, Inc. MD$4.4M · 0.59%
Alko Distributors, Inc. MD$4.0M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 520909747 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.