Plan Ledger DOL Form 5500 · updated monthly

Thos Somerville Co401(k)

THOS SOMERVILLE CO 401(K) RETIREMENT PLAN · UPPER MARLBORO, MD · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Thos Somerville Co reported $48,692 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,341 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 0.07% to 0.11%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 353rd-largest of 1,671 plans among Maryland employers on file, and the 913th of 4,246 in wholesale trade. In 2024, employees put in $3.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$45,449,873
Participants with balances408
Active participants372
Employer contributions$499,000
Employee contributions$1,625,437
Employer contribution per active participant$1,341
Average account balance$111,397
Benefits paid to participants$3,056,807
Plan auditUnmodified (clean) audit opinion
AuditorREGAN, SCHICKNER, & HARPER LLC
Plan history3
Yearassets · accounts · employer contribution
2024$45.4M · 408 accts · $499K emplr
2023$41.7M · 399 accts · $488K emplr
2022$38.2M · 413 accts · $488K emplr
The Thos Somerville Co 401(k) match · 2024
Employer contribution per active participant$1,341
Median for plans this size$2,416
2024$1,341 per active participant
2023$1,377 per active participant
2022$1,367 per active participant

Thos Somerville Co'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
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$48,692
PIMCO FUNDS · Investment managementindirect comp
JANUS FUNDS · Investment managementindirect comp

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$48,692 · 0.11%
2023$15,027 · 0.04%
2022$30,145 · 0.07%
Same employer
Similar plansWholesale Trade · Maryland
Pandora Jewelry LLC MD$61.7M · 0.17%
Class Produce Group, LLC MD$50.9M · 0.15%
Shepherd Electric Co., Inc. MD$44.3M · 0.06%
Beretta U.S.A. Corporation MD$43.9M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530147890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.