Plan Ledger DOL Form 5500 · updated monthly

Turner & Townsend, Inc.401(k)

TURNER & TOWNSEND INC. 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Turner & Townsend, Inc. reported $382,668 in plan administrative expenses for 2024: 0.43% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,188 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 0.25% to 0.43%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 784th-largest of 5,648 plans among New York employers on file, and the 1,475th of 11,654 in professional & technical services. In 2024, employees put in $4.58 for every $1.00 the employer contributed; active participation has grown from 1,105 to 1,716 since 2022.

Plan summary
Net assets, end of year$102,051,225
Participants with balances2,230
Active participants1,716
Employer contributions$3,754,685
Employee contributions$17,213,906
Employer contribution per active participant$2,188
Average account balance$45,763
Benefits paid to participants$10,200,304
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$102.1M · 2,230 accts · $3.8M emplr
2023$74.2M · 1,834 accts · $3.5M emplr
2022$45.5M · 1,252 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$382,668
Total administrative$382,668
The Turner & Townsend, Inc. 401(k) match · 2024
Employer contribution per active participant$2,188
Median for plans this size$3,635
2024$2,188 per active participant
2023$2,176 per active participant
2022$1,810 per active participant

Turner & Townsend, Inc.'s 2024 employer contribution ran below the $3,635 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 · 20242
VOYA RETIREMENT INS & ANNUITY · Investment advisory (participants)$60,571
MORNINGSTAR INVESMENT MGMT · Investment advisory (participants)$51,443

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$382,668 · 0.43%
2023$225,307 · 0.38%
2022$117,129 · 0.25%
Same employer
Similar plansProfessional & Technical Services · New York
Braze, Inc. NY$104.2M · 0.26%
Butler/Till, Inc. NY$103.3M · 0.04%
Anderson Kill P.C. NY$101.9M · 0.06%
Akrf, Inc. NY$101.6M · 0.14%
Vitech Systems Group NY$101.1M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 980437541 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.