Plan Snapshot
- Plan Sponsor: The Thrasher Group, INC.
- Sponsor EIN: 550633596
- Sponsor Address: P O BOX 940, BRIDGEPORT, WV, 26330
- Plan Type: 401(k)
- Total Participants: 329
- Total Assets: $27.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 329 | $27.4M | $903,240 | $1.6M |
| 2023 | 327 | $23.3M | $825,013 | $1.4M |
| 2022 | 299 | $19.8M | $691,291 | $1.3M |
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 |
|---|---|---|---|---|
| BENEFIT PLANS SERVICES INC | TPA | $4,120 | $10,425 | $14,545 |
| EMPOWER ADVISORY GROUP LLC | INVESTMENT MGMT | $7,522 | — | $7,522 |
| H2R CPA | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- H2R CPA — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,067
- Estimated Expense Ratio: 0.080% 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 | $57,118 | $42,464 | — | — | — |
| 2023 | $42,615 | $32,546 | — | — | — |
| 2022 | $42,207 | $35,311 | $6,896 | — | — |