Plan Ledger DOL Form 5500 · updated monthly

Thompson Hospitality Corporation401(k)

THOMPSON HOSPITALITY 401(K) PROFIT SHARING PLAN · RESTON, VA · plan year 2024

Reported admin expense ratio · 2024
0.96%

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

Thompson Hospitality Corporation reported $137,253 in plan administrative expenses for 2024: 0.96% of average plan assets, higher than ~90% of peers. Employer contributions averaged $271 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 0.96%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is among the smaller plans on file in Virginia (1,213th of 2,266), and the 1,314th of 3,341 in other services. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has grown from 1,641 to 2,244 since 2022.

Plan summary
Net assets, end of year$14,573,770
Participants with balances375
Active participants2,244
Employer contributions$607,062
Employee contributions$1,021,631
Employer contribution per active participant$271
Average account balance$38,863
Benefits paid to participants$3,110,776
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$14.6M · 375 accts · $607K emplr
2023$13.9M · 337 accts · $766K emplr
2022$11.6M · 348 accts · $693K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$137,253
Total administrative$137,253
The Thompson Hospitality Corporation 401(k) match · 2024
Employer contribution per active participant$271
Median for plans this size$2,416
2024$271 per active participant
2023$338 per active participant
2022$422 per active participant

Thompson Hospitality Corporation's 2024 employer contribution ran below the $2,416 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 · 20246
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$122,602
RETIREMENT PLANNERS & ADMINISTRATOR · Contract administrator · Other services$14,650
PRIVATE ADVISOR GROUP LLC · Investment advisory (plan)indirect comp
UHY LLP · Accounting / auditindirect comp
WILSHIRE ASSOCIATES INCORPORATED · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)indirect comp

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$137,253 · 0.96%
2023$139,958 · 1.10%
2022$119,247 · 0.97%
Same employer
Similar plansOther Services · Virginia
Patient Advocate Foundation VA$14.9M · 0.30%
Reston Association VA$14.5M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541861877 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.