Plan Ledger DOL Form 5500 · updated monthly

Topgolf Callaway Brands Corp401(k)

CALLAWAY GOLF COMPANY 401(K) RETIREMENT INVESTMENT PLAN · CARLSBAD, CA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Topgolf Callaway Brands Corp reported $385,155 in plan administrative expenses for 2024: 0.12% of average plan assets, above the peer median. Employer contributions averaged $2,974 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 0.12%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 358th-largest of 9,483 plans among California employers on file, and the 742nd of 13,661 in manufacturing. In 2024, employees put in $3.18 for every $1.00 the employer contributed; active participation has grown from 1,580 to 1,805 since 2022.

Plan summary
Net assets, end of year$357,423,371
Participants with balances2,339
Active participants1,805
Employer contributions$5,368,877
Employee contributions$17,063,452
Employer contribution per active participant$2,974
Average account balance$152,810
Benefits paid to participants$21,235,755
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$357.4M · 2,339 accts · $5.4M emplr
2023$308.4M · 2,247 accts · $5.0M emplr
2022$258.7M · 2,131 accts · $4.3M emplr
The Topgolf Callaway Brands Corp 401(k) match · 2024
Employer contribution per active participant$2,974
Median for plans this size$4,294
2024$2,974 per active participant
2023$2,996 per active participant
2022$2,716 per active participant

Topgolf Callaway Brands Corp's 2024 employer contribution ran below the $4,294 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 · 20244
THE VANGUARD GROUP, INC. · Recordkeeping · Consulting$208,319
VANGUARD ADVISERS INC. · Investment advisory (participants)$104,410
SAGEVIEW ADVISORY GROUP, LLC · Consulting$56,800
CLIFTON LARSON ALLEN$21,226

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$385,155 · 0.12%
2023$318,965 · 0.11%
2022$307,341 · 0.11%
Same employer
Similar plansManufacturing · California
Jazz Pharmaceuticals, Inc. CA$373.8M · 0.03%
Sunrun Inc. CA$366.3M · 0.35%
Logitech Inc. CA$360.1M · 0.07%
Infinera Corporation CA$359.9M · 0.06%
Haas Automation, Inc. CA$356.1M · 0.02%
Ventura Foods, LLC CA$344.5M · 0.07%
Sutter Home Winery, Inc. CA$341.4M · 0.02%
Taylor Fresh Foods, Inc. CA$332.5M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 953797580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.