Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Toll Bros.
Toll Bros. 401(k)
- Construction
- Fort Washington, PA
- EIN 23-2417123
- 1 plan with Schedule H financials
- Plan year 2024
- Toll Bros., Inc.
- SEC registrant Toll Bros Inc
Administrative expenses excluding investment management, per participant · Toll Brothers 401(k) Savings Plan · plan year 2024
$50.26
Higher than 31% of the 2,324 plans $250M to 1B that report it.
Source
= $320,234 / 6,372
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013162503NAL0002423712001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013162503NAL0002423712001, received 2025-10-13
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 2025-10-13.
Cost and contributions
Administrative expenses per participant
$59.67
Higher than 27% of the 2,405 plans $250M to 1B that report it.
Source
= $380,234 / 6,372
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013162503NAL0002423712001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013162503NAL0002423712001, received 2025-10-13
Administrative expenses as a share of assets
0.052%
Higher than 34% of the 2,407 plans $250M to 1B that report it.
Source
= $380,234 / $727,809,033
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013162503NAL0002423712001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013162503NAL0002423712001, received 2025-10-13
Employer contributions per participant
$2,989
Higher than 48% of the 2,457 plans $250M to 1B that report it.
Source
= $19,047,690 / 6,372
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013162503NAL0002423712001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013162503NAL0002423712001, received 2025-10-13
Employer share of total contributions
28.4%
Higher than 41% of the 2,459 plans $250M to 1B that report it.
Source
= $19,047,690 / $66,989,066
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013162503NAL0002423712001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013162503NAL0002423712001, received 2025-10-13
Plan terms, as stated in Toll Bros., Inc.'s SEC filings
Plan terms are not published in public filings.
Plan features
2E profit-sharing · 2H partially participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 3I · 2T default investment (QDIA) · 2F ERISA 404(c) plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251013162503NAL0002423712001, received 2025-10-13
Full record, Toll Brothers 401(k) Savings Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | TOLL BROS., INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Plan name | TOLL BROTHERS 401K SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Sponsor EIN / plan number | 23-2417123 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Sponsor location | FORT WASHINGTON, PA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Industry (business code) | 236110, Construction | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Filing received | 2025-10-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Participants, beginning of year | 6,204 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Active participants | 4,908 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Participants, end of year | 6,814 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Participants with an account balance | 6,372 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Total assets, beginning of year | $627,496,919 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Total assets, end of year | $727,809,033 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Net assets, end of year | $727,809,033 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Total income | $155,114,664 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Net income | $100,312,114 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Employer contributions | $19,047,690 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Participant contributions | $40,147,578 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Other contributions (incl. rollovers) | $7,793,798 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Total contributions | $66,989,066 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Benefit payments | $53,956,314 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Total expenses (incl. benefit payments) | $54,802,550 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Total administrative expenses | $380,234 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Contract administrator fees | $296,084 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| IQPA audit fees | $24,150 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Investment advisory and management fees | $60,000 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Administrative expenses excluding investment management | $320,234 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Held in mutual funds | $380,053,455 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251013162503NAL0002423712001, received 2025-10-13 |
| Independent auditor | EISNERAMPER LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251013162503NAL0002423712001, received 2025-10-13 |
Position = column in the DOL layout for form year 2024. Filing 20251013162503NAL0002423712001, received 2025-10-13.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANYrecordkeeper | NONE | 64 Recordkeeping fees; 50 Direct payment from the plan | $275,837 | yes |
| CORDATUS WEALTH MANAGEMENT LLC | NONE | 27 Investment advisory (plan); 50 Direct payment from the plan | $60,000 | no |
| EISNERAMPER, LLP | NONE | 10 Accounting (including auditing); 50 Direct payment from the plan | $24,150 | no |
| PRUDENTIAL RETIRE INS.& ANNUITY CO.recordkeeper | NONE | 15 Recordkeeping and information management; 37 Participant loan processing; 50 Direct payment from the plan; 52 Investment management fees paid indirectly by plan; 72 Other investment fees and expenses; 60 Sub-transfer agency fees; 61 Finders fees / placement fees; 63 Distribution (12b-1) fees; 64 Recordkeeping fees | $20,089 | 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 20251013162503NAL0002423712001, received 2025-10-13.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $627,496,919 | $727,809,033 | 16.0% |
| Participants with a balance | 6,204 | 6,372 | 2.7% |
| Administrative expenses | $254,957 | $380,234 | 49.1% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $17,307,522 | $19,047,690 | 10.1% |
Prior filing 20241014100437NAL0026980193001, received 2024-10-14; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: TOLL BROS., INC.; SEC registrant: TOLL BROS INC (CIK 1209654, matched by EIN).