Plan Ledger DOL Form 5500 · updated monthly

Thouvenot, Wade & Moerchen, Inc.ESOP

THOUVENOT, WADE, MOERCHEN, INC. EMPLOYEE STOCK OWNERSHIP PLAN · SWANSEA, IL · plan year 2024

Employer contribution per participant · 2024
$3,488

Thouvenot, Wade & Moerchen, Inc.'s 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $37,562,628 across 149 participant accounts, with employer contributions averaging $3,488 per active participant. See methodology for what Form 5500 does and doesn't capture.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,140th-largest of 3,702 plans among Illinois employers on file, and the 3,480th of 11,654 in professional & technical services. active participation has grown from 101 to 120 since 2022.

Plan summary
Net assets, end of year$37,562,628
Participants with balances149
Active participants120
Employer contributions$418,614
Employee contributions—
Employer contribution per active participant$3,488
Average account balance$252,098
Benefits paid to participants$1,349,653
Plan auditUnmodified (clean) audit opinion
AuditorKERBER, ECK, & BRAECKEL
Plan history3
Yearassets · accounts · employer contribution
2024$37.6M · 149 accts · $419K emplr
2023$34.2M · 134 accts · $464K emplr
2022$27.9M · 124 accts · $550K emplr
Employer contributions to the Thouvenot, Wade & Moerchen, Inc. plan · 2024
Employer contribution per active participant$3,488
Median for plans this size$2,416
2024$3,488 per active participant
2023$3,800 per active participant
2022$5,446 per active participant

Thouvenot, Wade & Moerchen, Inc.'s 2024 employer contribution ran above 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
TWM / TAC 401(K) PLAN401(k)
THOUVENOT, WADE, MOERCHEN, INC. EMPLOYEE STOCK OWNERSHIP PLANESOP
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Source: U.S. Department of Labor, Form 5500 series, EIN 371042595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.