Plan Snapshot
- Plan Sponsor: Thomas Instrument, INC.
- Sponsor EIN: 741481595
- Sponsor Address: P.O. BOX 999, BROOKSHIRE, TX, 77423
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 224
- Total Assets: $23.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 224 | $23.1M | $678,418 | $1.3M |
| 2023 | 208 | $22.8M | $595,874 | $1.2M |
| 2022 | 198 | $20.6M | $561,594 | $1.1M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE CO. OF AM | Recordkeeper | $84,823 | — | $84,823 |
| GALLAGHER BENEFIT SERVICES | Investment Advisor | $33,109 | — | $33,109 |
| LOREN D STARK COMPANY | Other Service Provider | $4,320 | $11,037 | $15,357 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $8,146 | — | $8,146 |
| ABIP PC | Auditor | $8,000 | — | $8,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ABIP PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $149,435
- Estimated Expense Ratio: 0.646% 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 | $94,456 | — | $8,215 | — | — |
| 2023 | $70,937 | — | — | — | — |
| 2022 | $62,803 | — | $62,803 | — | — |