Plan Snapshot
- Plan Sponsor: Thompson Holdings, INC.
- Sponsor EIN: 721381313
- Sponsor Address: 2970 COTTAGE HILL ROAD, MOBILE, AL, 36606
- Plan Type: 401(k)
- Total Participants: 518
- Total Assets: $117.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 518 | $117.4M | $2.3M | $3.3M |
| 2023 | 448 | $84.2M | $1.4M | $2.6M |
| 2022 | 299 | $62.4M | $961,062 | $1.9M |
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 ADVISORY GROUP, LLC | INVESTMENT MANAGER | $71,000 | — | $71,000 |
| RAYMOND JAMES & ASSOCIATES, INC. | INVESTMENT ADVISOR | $62,881 | — | $62,881 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $31,629 | — | $31,629 |
| BLUE RIDGE ESOP ASSOCIATES | CONTRACT ADMIN | $6,412 | $5,000 | $11,412 |
| WARREN AVERETT, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $176,922
- Estimated Expense Ratio: 0.151% 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 | $184,871 | $184,871 | — | — | — |
| 2023 | $130,466 | $130,466 | — | — | — |
| 2022 | $106,239 | $101,192 | $5,047 | — | — |