Plan Ledger DOL Form 5500 · updated monthly

Thorntons LLC401(k)

THORNTON EMPLOYEE SAVINGS (401(K)) PLAN · LOUISVILLE, KY · plan year 2022

Reported admin expense ratio · 2022
0.18%

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

Thorntons LLC reported $122,404 in plan administrative expenses for 2022: 0.18% of average plan assets, above the peer median. Employer contributions averaged $457 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 $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other retail trade employers. By assets it is the 127th-largest of 871 plans among Kentucky employers on file, and the 569th of 5,215 in retail trade. In 2022, employees put in $1.77 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$60,053,688
Participants with balances996
Active participants2,881
Employer contributions$1,317,705
Employee contributions$2,336,523
Employer contribution per active participant$457
Average account balance$60,295
Benefits paid to participants$5,667,847
Plan auditUnmodified (clean) audit opinion
AuditorMONROE SHINE & CO., INC
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $377K emplr
2022$60.1M · 996 accts · $1.3M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$81,443
Investment management$22,500
Professional / advisory$18,461
Total administrative$122,404
The Thorntons LLC 401(k) match · 2022
Employer contribution per active participant$457
Median for plans this size$3,449

Thorntons LLC's 2022 employer contribution ran below the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$122,404 · 0.18%
Similar plansRetail Trade · Kentucky
Galls, LLC KY$33.9M · 0.37%
Newcomb Oil Co., LLC KY$33.0M · 0.56%
Bachman Auto Group, Inc. KY$29.1M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 351188206 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.