Plan Ledger DOL Form 5500 · updated monthly

Thoroughbred Fulfillment, LLC401(k)

THOROUGHBRED FULFILLMENT, LLC. 401(K) PROFIT SHARING PLAN · ZEELAND, MI · plan year 2022

Reported admin expense ratio · 2022
0.66%

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

Thoroughbred Fulfillment, LLC reported $6,549 in plan administrative expenses for 2022: 0.66% of average plan assets, below the peer median. Employer contributions averaged $554 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 under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Michigan (2,492nd of 2,619), and 4,154th of 4,246 in wholesale trade. In 2022, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$908,047
Participants with balances39
Active participants104
Employer contributions$57,583
Employee contributions$92,704
Employer contribution per active participant$554
Average account balance$23,283
Benefits paid to participants$130,629
Plan auditUnmodified (clean) audit opinion
AuditorBEENE GARTER, A DOEREN MAYHEW FIRM
Administrative expenses, itemized · 2022
Professional / advisory$6,549
Total administrative$6,549
The Thoroughbred Fulfillment, LLC 401(k) match · 2022
Employer contribution per active participant$554
Median for plans this size$331

Thoroughbred Fulfillment, LLC's 2022 employer contribution ran above the $331 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$6,549 · 0.66%
Same employer
Similar plansWholesale Trade · Michigan
Kelly Fuels Inc MI$1.8M · 0.11%
Dlg International Inc MI$1.3M · 1.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 383268386 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.