Hi sneaks,
et al. is, like misspacey already mentioned, plural, and as such there is no need to put an "s" at the end of it.
There are several referencing systems and as such also variations regarding how many people one should quote as authors before you use et al.. In some (mainly medical) journals it is 6, in others 3, and like you suggested ( I think more in business papers?) sometimes only one.
I think it is best to look at other theses that have been done at your university and compare. I think it would also be a very reasonable question to ask your supervisor.
:-)