Plan Ledger DOL Form 5500 · updated monthly

Thompsongas, LLC401(k)

THOMPSONGAS LLC 401(K) PLAN · FREDERICK, MD · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Thompsongas, LLC reported $164,943 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,775 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 0.64% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other retail trade employers. By assets it is the 382nd-largest of 1,671 plans among Maryland employers on file, and the 785th of 5,215 in retail trade. In 2024, employees put in $2.44 for every $1.00 the employer contributed; active participation has grown from 1,102 to 1,370 since 2022.

Plan summary
Net assets, end of year$40,254,118
Participants with balances1,410
Active participants1,370
Employer contributions$2,431,910
Employee contributions$5,930,919
Employer contribution per active participant$1,775
Average account balance$28,549
Benefits paid to participants$4,525,339
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.3M · 1,410 accts · $2.4M emplr
2023$28.8M · 1,208 accts · $2.1M emplr
2022$19.8M · 1,041 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$128,229
Investment management$20,439
Audit (IQPA)$16,275
Total administrative$164,943
The Thompsongas, LLC 401(k) match · 2024
Employer contribution per active participant$1,775
Median for plans this size$2,416
2024$1,775 per active participant
2023$1,738 per active participant
2022$1,402 per active participant

Thompsongas, LLC's 2024 employer contribution ran below the $2,416 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 · 20243
JOHN HANCOCK · Recordkeeping · Investment advisory (participants)$129,918
CAPFINANCIAL PARTNERS, LLC. · Investment advisory (plan)$18,750
CLIFTON LARSEN ALLEN LLP · Accounting / audit$16,275

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$164,943 · 0.48%
2023$138,743 · 0.57%
2022$123,031 · 0.64%
Same employer
Similar plansRetail Trade · Maryland
Austrian Motors Corp. MD$64.1M · 0.49%
Mariam, Inc. dba Darcars MD$51.3M · 0.43%
The Wills Group, Inc. MD$45.8M · 0.10%
George R. Norris LLC MD$37.6M · 0.32%
Fila U.S.A., Inc. MD$36.5M · 0.02%
The Pete Store, LLC MD$35.6M · 0.26%
Two Farms Inc. MD$32.7M · 0.35%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 475059833 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.