Plan Ledger DOL Form 5500 · updated monthly

Thurston Foods, Inc.401(k)

THURSTON FOODS, INC. 401(K) PROFIT SHARING PLAN · WALLINGFORD, CT · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Thurston Foods, Inc. reported $19,478 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,085 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 fell from 0.18% 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 among the smaller plans on file in Connecticut (583rd of 1,106), and the 2,061st of 4,246 in wholesale trade. In 2024, employees put in $2.34 for every $1.00 the employer contributed; active participation has grown from 102 to 136 since 2022.

Plan summary
Net assets, end of year$18,084,239
Participants with balances123
Active participants136
Employer contributions$283,568
Employee contributions$664,153
Employer contribution per active participant$2,085
Average account balance$147,026
Benefits paid to participants$1,469,293
Plan auditUnmodified (clean) audit opinion
AuditorBAILEY,MOORE,GLAZER
Plan history3
Yearassets · accounts · employer contribution
2024$18.1M · 123 accts · $284K emplr
2023$16.1M · 119 accts · $310K emplr
2022$14.0M · 105 accts · $286K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,754
Investment management$1,724
Total administrative$19,478
The Thurston Foods, Inc. 401(k) match · 2024
Employer contribution per active participant$2,085
Median for plans this size$2,416
2024$2,085 per active participant
2023$2,439 per active participant
2022$2,807 per active participant

Thurston Foods, Inc.'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 · 20241

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

Administrative cost history3
2024$19,478 · 0.11%
2023$25,555 · 0.17%
2022$30,926 · 0.18%
Same employer
Similar plansWholesale Trade · Connecticut
S&S Worldwide, Inc. CT$19.8M · 0.01%
Kinsley Group, Inc. CT$18.4M · 0.81%
Drew Marine USA, Inc. CT$17.8M · 0.02%
Dichello Distributors, Inc. CT$16.7M · 0.24%
Breitling USA, Inc. CT$16.3M · 0.39%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 060765487 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.