Thompson Machinery Commerce Corp401(k)
THOMPSON MACHINERY COMMERCE CORP PROFIT SHARING & 401(K) PLAN · LAVERGNE, TN · plan year 2023
Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works
Thompson Machinery Commerce Corp reported $49,996 in plan administrative expenses for 2023: 0.07% of average plan assets, below the peer median. Employer contributions averaged $6,270 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 0.07% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other retail trade employers. By assets it is the 200th-largest of 1,496 plans among Tennessee employers on file, and the 442nd of 5,215 in retail trade. In 2023, the employer put in $1.44 for every $1.00 employees contributed themselves.
Thompson Machinery Commerce Corp's 2023 employer contribution ran above the $3,659 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 621098634 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.