Plan Ledger DOL Form 5500 · updated monthly

Thompson Construction Group, Inc.401(k)

THOMPSON CONSTRUCTION GROUP, INC. 401(K) PROFIT SHARING PLAN · SUMTER, SC · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Thompson Construction Group, Inc. reported $171,036 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,094 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 0.34% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other construction employers. By assets it is the 86th-largest of 807 plans among South Carolina employers on file, and the 857th of 5,337 in construction. In 2024, employees put in $4.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$66,617,729
Participants with balances2,251
Active participants2,036
Employer contributions$2,227,511
Employee contributions$10,255,987
Employer contribution per active participant$1,094
Average account balance$29,595
Benefits paid to participants$11,434,423
Plan auditUnmodified (clean) audit opinion
AuditorBURKETT BURKETT & BURKETT,CPAS P.A.
Plan history3
Yearassets · accounts · employer contribution
2024$66.6M · 2,251 accts · $2.2M emplr
2023$57.7M · 2,912 accts · $2.7M emplr
2022$42.4M · 2,219 accts · $1.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,183
Investment management$17,914
Total administrative$171,036
The Thompson Construction Group, Inc. 401(k) match · 2024
Employer contribution per active participant$1,094
Median for plans this size$3,635
2024$1,094 per active participant
2023$1,179 per active participant
2022$880 per active participant

Thompson Construction Group, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$86,183
MORGAN STANLEY & CO. LLC · Investment advisory (plan)$66,939
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$17,914

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$171,036 · 0.28%
2023$157,622 · 0.32%
2022$146,504 · 0.34%
Same employer
Similar plansConstruction · South Carolina
Tindall Corporation SC$93.1M · 0.30%
Bonitz, Inc. SC$71.6M
C. R. Jackson, Inc. SC$29.5M · 0.25%
Morgan Corp SC$28.5M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 570836917 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.