Plan Ledger DOL Form 5500 · updated monthly

The Talbots LLC401(k)

THE TALBOTS, INC. RETIREMENT SAVINGS 401(K) PLAN · HINGHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

The Talbots LLC reported $591,184 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $500 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 rose from 0.18% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 226th-largest of 2,726 plans among Massachusetts employers on file, and the 191st of 5,215 in retail trade. In 2024, employees put in $4.43 for every $1.00 the employer contributed; active participation has grown from 4,386 to 4,829 since 2022.

Plan summary
Net assets, end of year$236,646,397
Participants with balances4,226
Active participants4,829
Employer contributions$2,412,092
Employee contributions$10,675,379
Employer contribution per active participant$500
Average account balance$55,998
Benefits paid to participants$30,858,400
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$236.6M · 4,226 accts · $2.4M emplr
2023$219.1M · 4,662 accts · $2.4M emplr
2022$187.5M · 4,192 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$462,410
Investment management$116,774
Total administrative$591,184
The The Talbots LLC 401(k) match · 2024
Employer contribution per active participant$500
Median for plans this size$3,635
2024$500 per active participant
2023$381 per active participant
2022$524 per active participant

The Talbots LLC's 2024 employer contribution ran below the $3,635 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 · 20244
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$462,410
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$103,780
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$12,994
KNITWELL INTERMEDIATE INC DBA THE T$12,000

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$591,184 · 0.26%
2023$537,822 · 0.26%
2022$363,202 · 0.18%
Same employer
Similar plansRetail Trade · Massachusetts
Bj's Wholesale Club Inc MA$661.1M · 0.13%
Big Y Foods, Inc. MA$573.8M · 0.12%
Usr Parent Inc. MA$404.6M · 0.13%
Eg Retail (America) LLC MA$337.9M · 0.20%
W. B. Mason Co. Inc. MA$204.9M · 0.21%
Jordans Furniture, Inc. MA$169.3M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411111318 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.