Plan Snapshot
- Plan Sponsor: Thompson Motor Group, INC.
- Sponsor EIN: 231707868
- Sponsor Address: 50 W SWAMP ROAD, DOYLESTOWN, PA, 189012442
- Plan Type: 401(k)
- Total Participants: 447
- Total Assets: $57.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 447 | $57.2M | $253,695 | $2.6M |
| 2023 | 420 | $54.5M | $261,634 | $2.5M |
| 2022 | 424 | $47.2M | $274,302 | $2.4M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $97,420 | — | $97,420 |
| MORGAN STANLEY GLOBAL | INVESTMENT ADVISORY | $85,850 | — | $85,850 |
| VOYNOW BAYARD WHYTE CO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY GLOBAL — INVESTMENT ADVISORY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $183,270
- Estimated Expense Ratio: 0.320% 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 | $183,270 | $85,850 | $97,420 | — | — |
| 2023 | $176,028 | $90,343 | $85,685 | — | — |
| 2022 | $143,891 | $60,522 | $83,369 | — | — |