Thompson Thrift Construction 401(k) match, vesting and fees

Plan year 2024 filingThompson Thrift Retirement Plan · Plan 001 · EIN 35-1941978Updated Oct 2026

What Thompson Thrift Construction's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $2.4M in employer contributions, about $3,249 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$61,362
Average account balance
775
Participants (end of year)
$46M
Plan assets (end of year)
0.28%
Admin expenses ÷ assets

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.

RecordkeeperEmpower Annuity Insurance CompanySchedule C ↗
Independent auditorCbiz Cpas P.C. (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 523 defined-contribution plans in construction with 500 to 999 participants.

Thompson Thrift Construction: employer contribution per participant$3,249
Peer median$2,361
Thompson Thrift Construction: average balance$61,362
Peer median$60,193
Thompson Thrift Construction: admin expenses ÷ assets0.28%
Peer median0.31%

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 $26.1M at the end of plan year 2021 to $46M at the end of plan year 2024.

$26.1M2021$26.5M2022$34.8M2023$46M2024
End-of-year figures from each plan year's Form 5500 filing for the Thompson Thrift Construction plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024775$46M$2.4M$3,2490.28%Not publishedForm 5500 ↗
2023700$34.8M$2.2M$3,2890.32%Not publishedForm 5500 ↗
2022659$26.5M$1.9M$3,1870.32%Not publishedForm 5500 ↗
2021520$26.1M$873K$1,7500.34%Not publishedForm 5500 ↗

Common questions

Does Thompson Thrift Construction match 401(k) contributions?

The match terms for the Thompson Thrift Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $2.4M in employer contributions, about $3,249 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Thompson Thrift Construction 401(k) match vested?

The vesting schedule for the Thompson Thrift Retirement Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Thompson Thrift Construction 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company. The plan administrator is Thompson Thrift Construction, Inc..

I left Thompson Thrift Construction. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Thompson Thrift Construction, Inc., (812) 235-5959) or the recordkeeper, Empower Annuity Insurance Company. The Thompson Thrift Construction old 401(k) page lists the contacts from every plan filing. Find an old Thompson Thrift Construction 401(k)

Data from the public Form 5500 annual reports Thompson Thrift Construction 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 Thompson Thrift Construction. Not financial advice. Report a correction · Methodology