Plan Ledger DOL Form 5500 · updated monthly

Thornton Steel Holdings, Inc.401(k)

THORNTON STEEL HOLDINGS, INC. 401(K) PLAN · FORT WORTH, TX · plan year 2022

Reported admin expense ratio · 2022
0.63%

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

Thornton Steel Holdings, Inc. reported $15,490 in plan administrative expenses for 2022: 0.63% of average plan assets, above the peer median. Employer contributions averaged $710 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (4,828th of 5,688), and 12,714th of 13,661 in manufacturing. In 2022, employees put in $2.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,239,038
Participants with balances48
Active participants127
Employer contributions$90,210
Employee contributions$181,475
Employer contribution per active participant$710
Average account balance$46,647
Benefits paid to participants$346,180
Plan auditUnmodified (clean) audit opinion
AuditorWHITLEY PENN
Administrative expenses, itemized · 2022
Professional / advisory$15,490
Total administrative$15,490
The Thornton Steel Holdings, Inc. 401(k) match · 2022
Employer contribution per active participant$710
Median for plans this size$1,114

Thornton Steel Holdings, Inc.'s 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$15,490 · 0.63%
Same employer
Similar plansManufacturing · Texas
Quest USA Inc TX$2.3M · 1.22%
Stanpac USA, LLC TX$2.2M · 1.20%
Axion Logistics, LLC TX$2.2M · 1.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 750719340 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.