Plan Ledger DOL Form 5500 · updated monthly

Thompson Holdings, Inc.401(k) + ESOP (KSOP)

THOMPSON HOLDINGS, INC. 401(K) AND EMPLOYEE STOCK OWNERSHIP PLAN · MOBILE, AL · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Thompson Holdings, Inc. reported $184,871 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $4,464 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 3 years on file its reported administrative ratio has held roughly steady near 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 70th-largest of 902 plans among Alabama employers on file, and the 1,443rd of 11,654 in professional & technical services. In 2024, employees put in $1.43 for every $1.00 the employer contributed; active participation has grown from 299 to 518 since 2022.

Plan summary
Net assets, end of year$104,903,031
Participants with balances714
Active participants518
Employer contributions$2,312,291
Employee contributions$3,301,865
Employer contribution per active participant$4,464
Average account balance$146,923
Benefits paid to participants$8,746,853
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$104.9M · 714 accts · $2.3M emplr
2023$73.1M · 619 accts · $1.4M emplr
2022$52.7M · 481 accts · $961K emplr
Administrative expenses, itemized · 2024
Investment management$184,871
Total administrative$184,871
The Thompson Holdings, Inc. 401(k) match · 2024
Employer contribution per active participant$4,464
Median for plans this size$3,635
2024$4,464 per active participant
2023$3,075 per active participant
2022$3,214 per active participant

Thompson Holdings, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20244
BLUE RIDGE ESOP ASSOCIATES · Contract administrator · Recordkeeping$6,412
EMPOWER ADVISORY GROUP, LLC · Investment management$71,000
RAYMOND JAMES & ASSOCIATES, INC. · Investment advisory (plan)$62,881

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

Recordkeeper by year2
2024BLUE RIDGE ESOP ASSOCIATES
2023BLUE RIDGE ESOP ASSOCIATES

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

Administrative cost history3
2024$184,871 · 0.21%
2023$130,466 · 0.21%
2022$106,239 · 0.20%
Same employer
Similar plansProfessional & Technical Services · Alabama
Jackson Thornton & Co., P.C. AL$119.9M · 0.07%
Dentons Sirote PC AL$118.1M · 0.33%
Pinnacle Solutions, LLC AL$106.7M · 0.20%
Southern Research Institute AL$96.6M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 721381313 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.