Employers › QXO Insulation
Recordkeeping fees per participant · Topbuild Corp. 401(k) Plan · plan year 2024
$44.02
Higher than 41% of the 1,697 plans $250M to 1B that report it.
= $803,973 / 18,262
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250627152305NAL0005559907001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627152305NAL0005559907001, received 2025-06-27
Percentiles compare this plan with the Schedule H plans $250M to 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 2025-06-27.
Administrative expenses excluding investment management, per participant
$44.11
Higher than 25% of the 2,324 plans $250M to 1B that report it.
= $805,473 / 18,262
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250627152305NAL0005559907001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627152305NAL0005559907001, received 2025-06-27
Administrative expenses per participant
$54.10
Higher than 24% of the 2,405 plans $250M to 1B that report it.
= $987,937 / 18,262
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250627152305NAL0005559907001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627152305NAL0005559907001, received 2025-06-27
Administrative expenses as a share of assets
0.162%
Higher than 86% of the 2,407 plans $250M to 1B that report it.
= $987,937 / $608,332,258
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250627152305NAL0005559907001, received 2025-06-27
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250627152305NAL0005559907001, received 2025-06-27
Employer contributions per participant
$1,043
Higher than 8% of the 2,457 plans $250M to 1B that report it.
= $19,041,057 / 18,262
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250627152305NAL0005559907001, received 2025-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627152305NAL0005559907001, received 2025-06-27
Employer share of total contributions
26.0%
Higher than 33% of the 2,459 plans $250M to 1B that report it.
= $19,041,057 / $73,235,195
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250627152305NAL0005559907001, received 2025-06-27
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250627152305NAL0005559907001, received 2025-06-27
Eligibility
“These eligible employees may participate in the Plan on their date of hire.”
Form 11-K filed 2026-06-11, for the year ended 2025-12-31 · plan description note, general (fallback) · source document
Automatic enrollment
“Newly eligible employees are automatically enrolled in the Plan at a deferral rate of three percent of eligible compensation until the employee changes this election or opts out of the Plan.”
Form 11-K filed 2026-06-11, for the year ended 2025-12-31 · plan description note, general · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2F ERISA 404(c) plan · 2G fully participant-directed · 2H partially participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250627152305NAL0005559907001, received 2025-06-27
| Field | Value | Source |
|---|---|---|
| Plan sponsor | TOPBUILD CORP. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Plan name | TOPBUILD CORP. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Sponsor EIN / plan number | 47-3096382 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Sponsor location | DAYTONA BEACH, FL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Industry (business code) | 238300, Construction | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Filing received | 2025-06-27 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Participants, beginning of year | 18,537 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Active participants | 13,323 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Participants, end of year | 19,534 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Participants with an account balance | 18,262 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Total assets, beginning of year | $538,735,661 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Total assets, end of year | $608,332,258 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Net assets, end of year | $608,332,258 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Total income | $138,233,014 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Net income | $69,596,597 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Employer contributions | $19,041,057 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Participant contributions | $49,273,121 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Other contributions (incl. rollovers) | $4,921,017 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Total contributions | $73,235,195 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Benefit payments | $66,989,270 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Total expenses (incl. benefit payments) | $68,636,417 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Total administrative expenses | $987,937 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Contract administrator fees | $1,500 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Recordkeeping fees | $803,973 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Investment advisory and management fees | $182,464 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Administrative expenses excluding investment management | $805,473 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Held in common/collective trusts | $448,710,242 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Held in mutual funds | $116,029,768 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250627152305NAL0005559907001, received 2025-06-27 |
| Independent auditor | REHMANN ROBSON LLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250627152305NAL0005559907001, received 2025-06-27 |
Position = column in the DOL layout for form year 2024. Filing 20250627152305NAL0005559907001, received 2025-06-27.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $807,144 | yes |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $182,464 | 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 20250627152305NAL0005559907001, received 2025-06-27.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $538,735,661 | $608,332,258 | 12.9% |
| Participants with a balance | 17,204 | 18,262 | 6.1% |
| Administrative expenses | $1,080,579 | $987,937 | -8.6% |
| Recordkeeping fees per participant | $54.11 | $44.02 | -18.6% |
| Employer contributions | $17,531,536 | $19,041,057 | 8.6% |
Prior filing 20240702083658NAL0003408243001, received 2024-07-02; the plan years are contiguous.
Sponsor name as filed: TOPBUILD CORP.; SEC registrant: QXO Insulation, LLC (CIK 1633931, matched by 11-K plan title).