Plan Ledger DOL Form 5500 · updated monthly

Thompson Tractor Co., Inc.401(k)

THOMPSON TRACTOR CO., INC. PROFIT SHARING PLAN AND TRUST AGREEMENT · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Thompson Tractor Co., Inc. reported $247,522 in plan administrative expenses for 2024: 0.10% of average plan assets, above the peer median. Employer contributions averaged $3,532 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 0.103% to 0.098%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other wholesale trade employers. By assets it is the 35th-largest of 902 plans among Alabama employers on file, and the 183rd of 4,246 in wholesale trade. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$268,777,146
Participants with balances1,977
Active participants1,656
Employer contributions$5,848,913
Employee contributions$10,724,022
Employer contribution per active participant$3,532
Average account balance$135,952
Benefits paid to participants$14,327,058
Plan auditUnmodified (clean) audit opinion
AuditorWARREN AVERETT,LLC
Plan history3
Yearassets · accounts · employer contribution
2024$268.8M · 1,977 accts · $5.8M emplr
2023$237.3M · 1,970 accts · $7.7M emplr
2022$203.3M · 1,803 accts · $7.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$170,785
Investment management$76,737
Total administrative$247,522
The Thompson Tractor Co., Inc. 401(k) match · 2024
Employer contribution per active participant$3,532
Median for plans this size$4,294
2024$3,532 per active participant
2023$4,673 per active participant
2022$4,899 per active participant

Thompson Tractor Co., Inc.'s 2024 employer contribution ran below the $4,294 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 · 20242
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$177,051
CAPFINANCIAL PARTNERS, LLC · Investment management$70,520

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$247,522 · 0.10%
2023$234,889 · 0.11%
2022$223,772 · 0.10%
Same employer
Similar plansWholesale Trade · Alabama
Ssab Enterprises LLC AL$541.3M · 0.04%
O'Neal Steel, Inc. AL$426.4M · 0.01%
Royal Cup, Inc. AL$52.3M · 0.35%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 630377478 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.