Plan Ledger DOL Form 5500 · updated monthly

Thompson Gray, Inc.401(k)

THOMPSON GRAY, INC. RETIREMENT PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Thompson Gray, Inc. reported $95,326 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,884 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 0.54% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 285th-largest of 902 plans among Alabama employers on file, and the 5,133rd of 11,654 in professional & technical services. In 2024, employees put in $2.71 for every $1.00 the employer contributed; active participation has grown from 224 to 259 since 2022.

Plan summary
Net assets, end of year$22,472,489
Participants with balances281
Active participants259
Employer contributions$1,005,925
Employee contributions$2,723,242
Employer contribution per active participant$3,884
Average account balance$79,973
Benefits paid to participants$1,986,480
Plan auditUnmodified (clean) audit opinion
AuditorBMSS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$22.5M · 281 accts · $1.0M emplr
2023$17.1M · 239 accts · $1.0M emplr
2022$13.2M · 231 accts · $801K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,588
Investment management$44,738
Total administrative$95,326
The Thompson Gray, Inc. 401(k) match · 2024
Employer contribution per active participant$3,884
Median for plans this size$2,416
2024$3,884 per active participant
2023$4,216 per active participant
2022$3,576 per active participant

Thompson Gray, 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$50,588
WAVERLY ADVISORS LLC · Investment advisory (plan)$44,738

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$95,326 · 0.48%
2023$81,197 · 0.54%
2022$72,924 · 0.54%
All plans at this employer2
THOMPSON GRAY, INC. RETIREMENT PLAN401(k)
THOMPSON GRAY, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 262948541 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.