Plan Ledger DOL Form 5500 · updated monthly

Boyle Investment Company401(k)

BOYLE INVESTMENT COMPANY RETIREMENT SAVINGS PLAN & TRUST · MEMPHIS, TN · plan year 2024

Reported admin expense ratio · 2024
0.27%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Boyle Investment Company reported $210,010 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $6,436 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.271%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 194th-largest of 1,496 plans among Tennessee employers on file, and the 155th of 2,096 in real estate & leasing. In 2024, employees put in $1.10 for every $1.00 the employer contributed; active participation has grown from 115 to 134 since 2022.

Plan summary
Net assets, end of year$82,206,496
Participants with balances168
Active participants134
Employer contributions$862,370
Employee contributions$950,059
Employer contribution per active participant$6,436
Average account balance$489,324
Benefits paid to participants$3,410,018
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$82.2M · 168 accts · $862K emplr
2023$73.0M · 154 accts · $830K emplr
2022$65.3M · 152 accts · $786K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$459
Investment management$208,235
Trustee / custodial$1,316
Total administrative$210,010
The Boyle Investment Company 401(k) match · 2024
Employer contribution per active participant$6,436
Median for plans this size$3,635
2024$6,436 per active participant
2023$7,036 per active participant
2022$6,837 per active participant

Boyle Investment Company's 2024 employer contribution ran above the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
THE TRUST COMPANY OF TENNESSEE · Contract administrator · Custodial (securities)$81,173
RUANE CUNNIFF & GOLDFARB, INC. · Investment management$93,193
NEWSOUTH CAPITAL MANAGEMENT, INC. · Investment management$35,644

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024THE TRUST COMPANY OF TENNESSEE
2023THE TRUST COMPANY OF TENNESSEE

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$210,010 · 0.27%
2023$178,193 · 0.26%
2022$195,293 · 0.27%
Same employer
Similar plansReal Estate & Leasing · Tennessee
Sun Communities, Inc. MI$83.5M · 0.50%
Zilber LTD. WI$82.0M · 0.10%
Royal Realty Corporation NY$81.9M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 620136740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.