Plan Ledger DOL Form 5500 · updated monthly

Thrift Holdings LLC401(k)

THRIFT WORLD 401(K) PLAN · LA VISTA, NE · plan year 2024

Reported admin expense ratio · 2024
3.54%

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

Thrift Holdings LLC reported $13,226 in plan administrative expenses for 2024: 3.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $498 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 1 year on file its reported administrative ratio rose from 1.90% to 3.54%. The plan sits in the under $1M size bracket, benchmarked here against 1,109 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Nebraska (555th of 565), and 5,072nd of 5,215 in retail trade. In 2024, employees put in $2.44 for every $1.00 the employer contributed; active participation has grown from 116 to 150 since 2022.

Plan summary
Net assets, end of year$482,029
Participants with balances147
Active participants150
Employer contributions$74,705
Employee contributions$182,530
Employer contribution per active participant$498
Average account balance$3,279
Benefits paid to participants$61,515
Plan auditUnmodified (clean) audit opinion
AuditorFRANKEL LLC
Plan history3
Yearassets · accounts · employer contribution
2024$482K · 147 accts · $75K emplr
2023$266K · 137 accts · $68K emplr
2022$48K · 103 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,210
Audit (IQPA)$6,016
Total administrative$13,226
The Thrift Holdings LLC 401(k) match · 2024
Employer contribution per active participant$498
Median for plans this size$540
2024$498 per active participant
2023$606 per active participant

Thrift Holdings LLC's 2024 employer contribution ran below the $540 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$7,210
FRANKEL ZACHARIA, LLC · Recordkeeping · Pension consulting$6,016

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

Recordkeeper by year2
2024ADP, FRANKEL ZACHARIA, LLC
2023ADP

This plan has changed recordkeepers within these filings. If you left Thrift Holdings LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$13,226 · 3.54%
2023$2,990 · 1.90%
2022Not separately reported
Similar plansRetail Trade · Nebraska
Huber Chevrolet Co., Inc. NE$7.5M · 0.14%
MVRB2, LLC NC$505K · 1.34%
Bear Flag Fish Co. CA$503K · 0.61%
Tfi Enterprises Inc. MI$487K · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812335608 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.