Thermo System 401(k) match, vesting and fees
What Thermo System's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Merrill Lynch Pierce Fenner & Smith | Schedule C ↗ |
| Independent auditor | Anders Minkler Huber & Helm LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 9,213 defined-contribution plans in professional, scientific, and technical services with 100 to 499 participants.
| Thermo System: employer contribution per participant | $3,374 | |
| Peer median | $2,521 |
| Thermo System: average balance | $76,890 | |
| Peer median | $75,833 |
| Thermo System: admin expenses ÷ assets | 0.17% | |
| Peer median | 0.27% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $19.8M at the end of plan year 2021 to $28.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 390 | $28.4M | $1.2M | $3,374 | 0.17% | Not published | Form 5500 ↗ |
| 2023 | 297 | $22.5M | $974K | $3,705 | 0.16% | Not published | Form 5500 ↗ |
| 2022 | 235 | $17.5M | $740K | $3,443 | 0.07% | Not published | Form 5500 ↗ |
| 2021 | 182 | $19.8M | $638K | $3,752 | <0.01% | Not published | Form 5500 ↗ |
Common questions
Does Thermo System match 401(k) contributions?
The match terms for the Thermo System LLC 401k Profit Sharing Plan and Trust have not been published from its filing yet. The plan year 2024 filing reports $1.2M in employer contributions, about $3,374 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Thermo System 401(k) match vested?
The vesting schedule for the Thermo System LLC 401k Profit Sharing Plan and Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the Thermo System 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Merrill Lynch Pierce Fenner & Smith. The plan administrator is Thermo System LLC.
I left Thermo System. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Thermo System LLC, (609) 371-3300) or the recordkeeper, Merrill Lynch Pierce Fenner & Smith. The Thermo System old 401(k) page lists the contacts from every plan filing. Find an old Thermo System 401(k)
Data from the public Form 5500 annual reports Thermo System filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Thermo System. Not financial advice. Report a correction · Methodology