Plan Ledger DOL Form 5500 · updated monthly

Thought Industries, Inc.401(k)

THOUGHT INDUSTRIES, INC. 401(K) RETIREMENT PLAN · BOSTON, MA · plan year 2025

Reported admin expense ratio · 2025
0.04%

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

Thought Industries, Inc. reported $2,525 in plan administrative expenses for 2025: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,834 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 3 years on file its reported administrative ratio fell from 0.05% to 0.04%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (2,148th of 2,726), and 9,029th of 11,654 in professional & technical services. In 2025, employees put in $4.26 for every $1.00 the employer contributed; active participation has shrunk from 153 to 62 since 2022.

Plan summary
Net assets, end of year$7,026,173
Participants with balances102
Active participants62
Employer contributions$175,677
Employee contributions$748,001
Employer contribution per active participant$2,834
Average account balance$68,884
Benefits paid to participants$1,275,154
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$7.0M · 102 accts · $176K emplr
2024$6.3M · 115 accts · $232K emplr
2023$4.8M · 112 accts · $263K emplr
2022$2.9M · 120 accts · $169K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$2,525
Total administrative$2,525
The Thought Industries, Inc. 401(k) match · 2025
Employer contribution per active participant$2,834
Median for plans this size$1,464
2025$2,834 per active participant
2024$2,898 per active participant
2023$2,830 per active participant
2022$1,106 per active participant

Thought Industries, Inc.'s 2025 employer contribution ran above the $1,464 median for plans its size, placing it in the top 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2025$2,525 · 0.04%
2024$1,500 · 0.03%
2023$2,400 · 0.06%
2022$1,200 · 0.05%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Simply Business LLC MA$7.1M · 0.14%
Cm Group, LLC MA$7.1M · 1.01%
Cogo Labs MA$7.0M · 0.12%
Beales LLC MA$6.9M · 0.66%
Gns Healthcare, Inc MA$6.8M · 0.04%
INNO4 LLC MA$6.8M · 0.62%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463655883 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.