Plan Ledger DOL Form 5500 · updated monthly

Thompson Motor Group, Inc.401(k)

THE THOMPSON ORGANIZATION 401(K) INCENTIVE SAVINGS PLAN · DOYLESTOWN, PA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Thompson Motor Group, Inc. reported $183,270 in plan administrative expenses for 2024: 0.33% of average plan assets, higher than ~75% of peers. Employer contributions averaged $568 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 rose from 0.28% to 0.33%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 709th-largest of 3,651 plans among Pennsylvania employers on file, and the 588th of 5,215 in retail trade. In 2024, employees put in $10.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$57,243,436
Participants with balances553
Active participants447
Employer contributions$253,695
Employee contributions$2,568,950
Employer contribution per active participant$568
Average account balance$103,514
Benefits paid to participants$6,919,273
Plan auditUnmodified (clean) audit opinion
AuditorVOYNOW BAYARD WHYTE CO LLP
Plan history3
Yearassets · accounts · employer contribution
2024$57.2M · 553 accts · $254K emplr
2023$54.5M · 525 accts · $262K emplr
2022$47.2M · 523 accts · $274K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$97,420
Investment management$85,850
Total administrative$183,270
The Thompson Motor Group, Inc. 401(k) match · 2024
Employer contribution per active participant$568
Median for plans this size$3,635
2024$568 per active participant
2023$623 per active participant
2022$647 per active participant

Thompson Motor 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$97,420
MORGAN STANLEY GLOBAL · Investment advisory (plan)$85,850
MORNINGSTAR INVESTMENT MANAGEMENT L · 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$183,270 · 0.33%
2023$176,028 · 0.35%
2022$143,891 · 0.28%
Same employer
Similar plansRetail Trade · Pennsylvania
Davids Bridal, Inc. PA$66.1M · 0.26%
Diamond Drugs, Inc. PA$47.4M · 0.01%
Pentech Holdings Inc. PA$44.4M · 0.21%
Everfast, Inc. PA$39.3M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231707868 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.