Plan Snapshot
- Plan Sponsor: C.L. Thomas, INC.
- Sponsor EIN: 742137687
- Sponsor Address: 701 N MAIN, VICTORIA, TX, 77901
- Plan Type: 401(k)
- Total Participants: 1,164
- Total Assets: $28.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,164 | $28.9M | $358,459 | $754,117 |
| 2023 | 762 | $24.5M | $329,900 | $694,530 |
| 2022 | 584 | $19.7M | $307,645 | $661,858 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $9,433 | — | $9,433 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $9,174 | — | $9,174 |
| MELTON & MELTON, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- MELTON & MELTON, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $18,607
- Estimated Expense Ratio: 0.064% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $18,607 | $9,433 | — | — | — |
| 2023 | $10,287 | $8,649 | — | — | — |
| 2022 | $8,261 | $7,386 | — | — | — |