Plan Ledger DOL Form 5500 · updated monthly

Clayton Homes, Inc.401(k)

CLAYTON HOMES, INC. 401(K) RETIREMENT PLAN · MARYVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Clayton Homes, Inc. reported $1,819,561 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,558 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 2 years on file its reported administrative ratio fell from 0.16% to 0.13%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other management of companies employers. By assets it is the 20th-largest of 1,496 plans among Tennessee employers on file, and the 31st of 786 in management of companies. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 19,824 to 22,418 since 2022.

Plan summary
Net assets, end of year$1,588,897,007
Participants with balances28,523
Active participants22,418
Employer contributions$57,355,603
Employee contributions$124,338,508
Employer contribution per active participant$2,558
Average account balance$55,706
Benefits paid to participants$131,751,940
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$1.6B · 28,523 accts · $57.4M emplr
2023$1.3B · 24,997 accts · $51.8M emplr
2022$1.0B · 26,118 accts · $50.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,277,185
Investment management$542,376
Total administrative$1,819,561
The Clayton Homes, Inc. 401(k) match · 2024
Employer contribution per active participant$2,558
Median for plans this size$5,259
2024$2,558 per active participant
2023$2,832 per active participant
2022$2,559 per active participant

Clayton Homes, Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom quarter of its peers. 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,277,179
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$542,376

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

Administrative cost history3
2024$1,819,561 · 0.13%
2023$1,717,256 · 0.15%
2022$1,810,571 · 0.16%
Same employer
Similar plansManagement of Companies · Tennessee
Roper Technologies, Inc. FL$1.6B · 0.07%
Tnc US Holdings, Inc. NY$1.5B · 0.02%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 621671360 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.