Plan Ledger DOL Form 5500 · updated monthly

Thor Industries, Inc.401(k)

THOR INDUSTRIES, INC. 401(K) PLAN · ELKHART, IN · plan year 2024

Reported admin expense ratio · 2024
0.18%

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

Thor Industries, Inc. reported $276,495 in plan administrative expenses for 2024: 0.18% of average plan assets, above the peer median. Employer contributions averaged $188 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 0.11% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 84th-largest of 1,562 plans among Indiana employers on file, and the 1,205th of 13,661 in manufacturing. In 2024, employees put in $3.76 for every $1.00 the employer contributed; active participation has grown from 12,703 to 16,465 since 2022.

Plan summary
Net assets, end of year$189,042,629
Participants with balances4,537
Active participants16,465
Employer contributions$3,098,051
Employee contributions$11,658,390
Employer contribution per active participant$188
Average account balance$41,667
Benefits paid to participants$24,619,363
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$189.0M · 4,537 accts · $3.1M emplr
2023$118.6M · 3,097 accts · $2.8M emplr
2022$101.5M · 3,569 accts · $2.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$169,530
Investment management$106,965
Total administrative$276,495
The Thor Industries, Inc. 401(k) match · 2024
Employer contribution per active participant$188
Median for plans this size$3,635
2024$188 per active participant
2023$323 per active participant
2022$230 per active participant

Thor Industries, 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$169,625
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$71,965
CAPTRUST · Investment advisory (participants)$35,000

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$276,495 · 0.18%
2023$130,732 · 0.12%
2022$123,159 · 0.11%
Same employer
Similar plansManufacturing · Indiana
Irving Materials, Inc. IN$253.3M · 0.18%
Dormakaba USA Inc. IN$196.3M · 0.12%
Smc Corporation of America IN$189.4M · 0.15%
Knauf Insulation, Inc. IN$179.9M · 0.15%
Ford Meter Box Company, Inc. IN$170.5M · 0.09%
Red Gold, Inc. IN$162.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 930768752 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.