Employers › TBC
Recordkeeping fees per participant · TBC Corporation Safe Harbor 401(k) Plan · plan year 2024
$54.50
Higher than 38% of the 5,847 plans $50 to 250M that report it.
= $168,445 / 3,091
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009162641NAL0011879504001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009162641NAL0011879504001, received 2025-10-09
Percentiles compare this plan with the Schedule H plans $50 to 250M 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 2025-10-09.
Administrative expenses excluding investment management, per participant
$60.24
Higher than 29% of the 8,758 plans $50 to 250M that report it.
= $186,195 / 3,091
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009162641NAL0011879504001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009162641NAL0011879504001, received 2025-10-09
Administrative expenses per participant
$93.34
Higher than 33% of the 9,042 plans $50 to 250M that report it.
= $288,508 / 3,091
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009162641NAL0011879504001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009162641NAL0011879504001, received 2025-10-09
Administrative expenses as a share of assets
0.124%
Higher than 46% of the 9,049 plans $50 to 250M that report it.
= $288,508 / $232,048,430
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009162641NAL0011879504001, received 2025-10-09
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009162641NAL0011879504001, received 2025-10-09
Employer contributions per participant
$1,737
Higher than 26% of the 9,105 plans $50 to 250M that report it.
= $5,369,658 / 3,091
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009162641NAL0011879504001, received 2025-10-09
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009162641NAL0011879504001, received 2025-10-09
Employer share of total contributions
35.0%
Higher than 67% of the 9,112 plans $50 to 250M that report it.
= $5,369,658 / $15,320,611
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009162641NAL0011879504001, received 2025-10-09
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009162641NAL0011879504001, received 2025-10-09
Plan terms are described in TBC Corporation's SEC filings: Form 10-K filed 2005-04-01. 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 · 2R participant brokerage window · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251009162641NAL0011879504001, received 2025-10-09
| Field | Value | Source |
|---|---|---|
| Plan sponsor | TBC CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Plan name | TBC CORPORATION SAFE HARBOR 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Sponsor EIN / plan number | 31-0600670 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Sponsor location | PALM BEACH GARDENS, FL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Industry (business code) | 441300, Retail trade | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Filing received | 2025-10-09 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Participants, beginning of year | 4,354 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Active participants | 2,532 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Participants, end of year | 4,241 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Participants with an account balance | 3,091 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Total assets, beginning of year | $222,181,424 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Total assets, end of year | $232,048,430 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Net assets, end of year | $232,048,430 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Total income | $45,742,369 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Net income | $9,867,006 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Employer contributions | $5,369,658 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Participant contributions | $9,209,214 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Other contributions (incl. rollovers) | $741,739 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Total contributions | $15,320,611 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Benefit payments | $35,546,701 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Total expenses (incl. benefit payments) | $35,875,363 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Total administrative expenses | $288,508 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Recordkeeping fees | $168,445 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| IQPA audit fees | $17,750 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Investment advisory and management fees | $102,313 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Administrative expenses excluding investment management | $186,195 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Held in common/collective trusts | $45,532,267 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Held in mutual funds | $176,585,383 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251009162641NAL0011879504001, received 2025-10-09 |
| Independent auditor | LBMC PC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251009162641NAL0011879504001, received 2025-10-09 |
Position = column in the DOL layout for form year 2024. Filing 20251009162641NAL0011879504001, received 2025-10-09.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONSrecordkeeper | RECORD KEEPER | 12 Claims processing; 15 Recordkeeping and information management; 28 Investment management; 37 Participant loan processing; 38 Participant communication; 50 Direct payment from the plan; 54 Sales loads (front end and deferred); 59 Shareholder servicing fees; 61 Finders fees / placement fees; 62 Float revenue; 63 Distribution (12b-1) fees; 64 Recordkeeping fees; 65 Account maintenance fees | $168,445 | yes |
| MERCER INVESTMENT MANAGEMENT | INVESTMENT ADVISOR | 27 Investment advisory (plan); 50 Direct payment from the plan | $91,321 | no |
| LBMC, PC | AUDITOR | 10 Accounting (including auditing); 50 Direct payment from the plan | $17,750 | no |
| STEELPEAK WEALTH | BROKER | 33 Securities brokerage; 71 Securities brokerage commissions and fees | $8,368 | no |
| CHARLES SCHWAB & CO., INC. | BROKER | 33 Securities brokerage; 71 Securities brokerage commissions and fees | $2,624 | yes |
| NATIONAL FINANCIAL SERVICES | SECURITIES BROKER | 33 Securities brokerage; 71 Securities brokerage commissions and fees | $0 | yes |
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 20251009162641NAL0011879504001, received 2025-10-09.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $222,181,424 | $232,048,430 | 4.4% |
| Participants with a balance | 3,184 | 3,091 | -2.9% |
| Administrative expenses | $243,451 | $288,508 | 18.5% |
| Recordkeeping fees per participant | $52.33 | $54.50 | 4.1% |
| Employer contributions | $5,476,877 | $5,369,658 | -2.0% |
Prior filing 20241009143303NAL0018548529003, received 2024-10-09; the plan years are contiguous.
Sponsor name as filed: TBC CORPORATION; SEC registrant: TBC CORP (CIK 718449, matched by EIN).