Plan Snapshot
- Plan Sponsor: Thomson Plastics, INC.
- Sponsor EIN: 582237814
- Sponsor Address: 130 QUALITY DRIVE NW, THOMSON, GA, 30824
- Plan Type: 401(k)
- Total Participants: 137
- Total Assets: $3.0M
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 | 137 | $3.0M | $92,280 | $324,160 |
| 2023 | 191 | $3.3M | $153,497 | $384,564 |
| 2022 | 256 | $3.1M | $176,040 | $429,803 |
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 | RECORDKEEPER | $22,054 | — | $22,054 |
| FIDELITY WORKPLACE SERVICES, LLC | PLAN ADMINISTRATOR | $9,869 | — | $9,869 |
| REGIONS BANK DBA REGIONS | INVESTMENT ADVISOR | $8,541 | — | $8,541 |
| REGIONS BANK | ADVISOR | $5,159 | — | $5,159 |
| WIPFLI LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,623
- Estimated Expense Ratio: 1.509% 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 | $41,253 | $14,080 | $1,335 | — | — |
| 2023 | $45,300 | $15,342 | — | — | — |
| 2022 | $39,596 | $3,724 | $35,872 | — | — |