Plan Ledger DOL Form 5500 · updated monthly

Tailored Shared Services, LLC401(k)

TAILORED BRANDS 401(K) SAVINGS PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Tailored Shared Services, LLC reported $540,038 in plan administrative expenses for 2024: 0.21% of average plan assets, higher than ~90% of peers. Employer contributions averaged $838 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 0.21%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 322nd-largest of 5,688 plans among Texas employers on file, and the 174th of 5,215 in retail trade. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$265,297,230
Participants with balances4,636
Active participants8,462
Employer contributions$7,094,145
Employee contributions$15,036,909
Employer contribution per active participant$838
Average account balance$57,225
Benefits paid to participants$36,231,532
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$265.3M · 4,636 accts · $7.1M emplr
2023$249.2M · 4,717 accts · $7.1M emplr
2022$216.6M · 4,774 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$383,885
Investment management$156,153
Total administrative$540,038
The Tailored Shared Services, LLC 401(k) match · 2024
Employer contribution per active participant$838
Median for plans this size$4,294
2024$838 per active participant
2023$805 per active participant
2022$260 per active participant

Tailored Shared Services, LLC's 2024 employer contribution ran below the $4,294 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
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$434,756
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$156,153

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$540,038 · 0.21%
2023$554,381 · 0.24%
2022$532,175 · 0.22%
Same employer
Similar plansRetail Trade · Texas
Academy Sports & Outdoors TX$364.8M · 0.15%
Michaels Stores, Inc. TX$337.2M · 0.27%
Sally Beauty Holdings, Inc. TX$294.1M · 0.09%
Mattress Firm, Inc. TX$279.1M · 0.32%
Firstcash Holdings, Inc. TX$257.3M · 0.29%
Fleetpride, Inc. TX$187.0M · 0.31%
Brookshire Brothers, Inc. TX$166.7M · 0.19%
Visionworks of America, Inc. TX$159.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474894752 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.