Employers › Clayton Homes
Recordkeeping fees per participant · Clayton Homes, Inc. 401(k) Retirement Plan · plan year 2024
$44.67
Higher than 75% of the 790 plans over $1B that report it.
= $1,274,185 / 28,523
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250820125754NAL0003254305001, received 2025-08-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250820125754NAL0003254305001, received 2025-08-20
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-20.
Administrative expenses excluding investment management, per participant
$44.78
Higher than 50% of the 1,045 plans over $1B that report it.
= $1,277,185 / 28,523
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250820125754NAL0003254305001, received 2025-08-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250820125754NAL0003254305001, received 2025-08-20
Administrative expenses per participant
$63.79
Higher than 45% of the 1,076 plans over $1B that report it.
= $1,819,561 / 28,523
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250820125754NAL0003254305001, received 2025-08-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250820125754NAL0003254305001, received 2025-08-20
Administrative expenses as a share of assets
0.115%
Higher than 91% of the 1,076 plans over $1B that report it.
= $1,819,561 / $1,588,897,007
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250820125754NAL0003254305001, received 2025-08-20
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250820125754NAL0003254305001, received 2025-08-20
Employer contributions per participant
$2,011
Higher than 17% of the 1,135 plans over $1B that report it.
= $57,355,603 / 28,523
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250820125754NAL0003254305001, received 2025-08-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250820125754NAL0003254305001, received 2025-08-20
Employer share of total contributions
29.8%
Higher than 38% of the 1,135 plans over $1B that report it.
= $57,355,603 / $192,445,778
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250820125754NAL0003254305001, received 2025-08-20
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250820125754NAL0003254305001, received 2025-08-20
Plan terms are described in Clayton Homes, Inc.'s SEC filings: Form 10-K filed 2003-10-14. No term could be quoted from them with the required precision.
2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · 2E profit-sharing · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250820125754NAL0003254305001, received 2025-08-20
| Field | Value | Source |
|---|---|---|
| Plan sponsor | CLAYTON HOMES, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Plan name | CLAYTON HOMES, INC. 401(K) RETIREMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Sponsor EIN / plan number | 62-1671360 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Sponsor location | MARYVILLE, TN | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Industry (business code) | 551112, Management of companies and enterprises | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Filing received | 2025-08-20 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Participants, beginning of year | 25,014 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Active participants | 22,418 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Participants, end of year | 30,229 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Participants with an account balance | 28,523 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Total assets, beginning of year | $1,318,186,593 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Total assets, end of year | $1,588,897,007 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Net assets, end of year | $1,588,897,007 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Total income | $404,357,652 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Net income | $270,710,414 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Employer contributions | $57,355,603 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Participant contributions | $124,338,508 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Other contributions (incl. rollovers) | $10,751,667 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Total contributions | $192,445,778 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Benefit payments | $131,751,940 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Total expenses (incl. benefit payments) | $133,647,238 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Total administrative expenses | $1,819,561 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Contract administrator fees | $3,000 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Recordkeeping fees | $1,274,185 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Investment advisory and management fees | $542,376 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Administrative expenses excluding investment management | $1,277,185 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Held in common/collective trusts | $1,223,335,037 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Held in mutual funds | $232,984,804 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250820125754NAL0003254305001, received 2025-08-20 |
| Independent auditor | LBMC, PC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250820125754NAL0003254305001, received 2025-08-20 |
Position = column in the DOL layout for form year 2024. Filing 20250820125754NAL0003254305001, received 2025-08-20.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $1,277,179 | yes |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $542,376 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250820125754NAL0003254305001, received 2025-08-20.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,318,186,593 | $1,588,897,007 | 20.5% |
| Participants with a balance | 24,997 | 28,523 | 14.1% |
| Administrative expenses | $1,717,256 | $1,819,561 | 6.0% |
| Recordkeeping fees per participant | $50.62 | $44.67 | -11.7% |
| Employer contributions | $51,815,875 | $57,355,603 | 10.7% |
Prior filing 20240820120026NAL0001441171001, received 2024-08-20; the plan years are contiguous.
Sponsor name as filed: CLAYTON HOMES, INC.; SEC registrant: CLAYTON HOMES INC (CIK 719547, matched by EIN).