Plan Snapshot
- Plan Sponsor: Thompson Tractor Co., INC.
- Sponsor EIN: 630377478
- Sponsor Address: 2401 PINSON HIGHWAY, BIRMINGHAM, AL, 35217
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 1,314
- Total Assets: $5.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,314 | $5.7M | $13.4M | $8.0M |
| 2023 | 1,292 | $6.6M | $12.3M | $7.4M |
| 2022 | 1,201 | $6.8M | $9.4M | $6.8M |
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 |
|---|---|---|---|---|
| BLUE CROSS AND BLUE SHIELD OF AL | Other Service Provider | $885,712 | — | $885,712 |
| EXPRESS SCRIPTS | Other Service Provider | $272,360 | — | $272,360 |
| DELTA DENTAL INSURANCE COMPANY | Other Service Provider | $81,401 | — | $81,401 |
| AMERICAN BEHAVIORAL BENEFITS MNGRS | Other Service Provider | $41,704 | — | $41,704 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,281,177
- Estimated Expense Ratio: 22.530% 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 | $1,535,588 | — | $1,535,588 | — | — |
| 2023 | $1,848,568 | — | $1,848,568 | — | — |
| 2022 | $1,030,371 | — | — | — | $1,030,371 |