Plan Ledger DOL Form 5500 · updated monthly

Tilley Distribution, Inc.401(k)

TILLEY DISTRIBUTION, INC. RETIREMENT PLAN · BALTIMORE, MD · plan year 2023

Reported admin expense ratio · 2023
0.25%

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

Tilley Distribution, Inc. reported $67,434 in plan administrative expenses for 2023: 0.25% of average plan assets, below the peer median. Employer contributions averaged $4,372 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 1 year on file its reported administrative ratio fell from 0.25% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other wholesale trade employers. By assets it is the 378th-largest of 1,671 plans among Maryland employers on file, and the 1,012th of 4,246 in wholesale trade. In 2023, employees put in $1.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$40,830,762
Participants with balances397
Active participants313
Employer contributions$1,368,426
Employee contributions$1,945,085
Employer contribution per active participant$4,372
Average account balance$102,848
Benefits paid to participants$5,590,373
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$33.2M · 412 accts · $1.1M emplr
2023$40.8M · 397 accts · $1.4M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$30,414
Investment management$37,020
Total administrative$67,434
The Tilley Distribution, Inc. 401(k) match · 2023
Employer contribution per active participant$4,372
Median for plans this size$2,440
2024$3,925 per active participant
2023$4,372 per active participant

Tilley Distribution, Inc.'s 2023 employer contribution ran above the $2,440 median for plans its size, placing it in the top 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
JOHN HANCOCK · Recordkeeping · Loan processing$30,462
CREATIVE PLANNING LLC · Investment advisory (plan)$36,972

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history2
2024$79,135 · 0.21%
2023$67,434 · 0.25%
Same employer
Similar plansWholesale Trade · Maryland
Shepherd Electric Co., Inc. MD$44.3M · 0.06%
Beretta U.S.A. Corporation MD$43.9M · 0.21%
Northeastern Supply, Inc. MD$39.6M · 0.39%
Waldorf Ford, Inc. MD$34.2M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 854364268 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.