Plan Ledger DOL Form 5500 · updated monthly

Thompson Technologies, Inc.401(k)

THOMPSON TECHNOLOGIES, INC. 401(K) PLAN · ROSWELL, GA · plan year 2023

Reported admin expense ratio · 2023
0.78%

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

Thompson Technologies, Inc. reported $45,164 in plan administrative expenses for 2023: 0.78% of average plan assets, above the peer median. Employer contributions averaged $28 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 0.57% to 0.41%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Georgia (1,552nd of 2,160), and 9,473rd of 11,654 in professional & technical services. In 2023, employees put in $191.63 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,812,390
Participants with balances112
Active participants44
Employer contributions$1,248
Employee contributions$239,148
Employer contribution per active participant$28
Average account balance$51,896
Benefits paid to participants$899,682
Plan auditUnmodified (clean) audit opinion
AuditorWBL CPAS & ADVISORS
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 101 accts
2023$5.8M · 112 accts · $1K emplr
2022$5.7M · 169 accts · $781 emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$45,164
Total administrative$45,164
The Thompson Technologies, Inc. 401(k) match · 2023
Employer contribution per active participant$28
Median for plans this size$1,308
2023$28 per active participant
2022$16 per active participant

Thompson Technologies, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20234
FUTUREPLAN BY ASCENSUS · Recordkeeping · Loan processing$8,631
TRANSAMERICA FINANCIAL LIFE INS CO · Recordkeeping · Loan processing$8,157
WBL CPAS & ADVISORS · Accounting / audit$26,000
ROCKEFELLER CAPITAL MANAGEMENT INS · Investment advisory (plan)$14,287

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

Recordkeeper by year2
2024Ascensus, Transamerica
2023Ascensus, Transamerica

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Administrative cost history3
2024$18,982 · 0.41%
2023$45,164 · 0.78%
2022$40,272 · 0.57%
Similar plansProfessional & Technical Services · Georgia
Cinc Systems, LLC GA$6.2M · 0.05%
Campbell & Brannon LLC GA$6.0M · 0.02%
Jmb-Iii Holdco, Inc GA$5.5M · 0.30%
Ganuch, Inc. GA$5.2M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 582161727 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.