Employers › Toyon Research Corpporation EMP Stock Ownership Plan
Recordkeeping fees per participant · Toyon Research Corporation Employee Stock Ownership Plan · plan year 2024
$81.03
Higher than 59% of the 5,847 plans $50 to 250M that report it.
= $27,795 / 343
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20260714125023NAL0001574369001, received 2026-07-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260714125023NAL0001574369001, received 2026-07-14
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 2024-10-01 to 2025-09-30, filing received 2026-07-14.
Administrative expenses excluding investment management, per participant
$423.06
Higher than 97% of the 8,758 plans $50 to 250M that report it.
= $145,110 / 343
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20260714125023NAL0001574369001, received 2026-07-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260714125023NAL0001574369001, received 2026-07-14
Administrative expenses per participant
$510.83
Higher than 96% of the 9,042 plans $50 to 250M that report it.
= $175,213 / 343
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260714125023NAL0001574369001, received 2026-07-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260714125023NAL0001574369001, received 2026-07-14
Administrative expenses as a share of assets
0.078%
Higher than 29% of the 9,049 plans $50 to 250M that report it.
= $175,213 / $225,387,710
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260714125023NAL0001574369001, received 2026-07-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20260714125023NAL0001574369001, received 2026-07-14
Employer contributions per participant
$26,654
Higher than 100% of the 9,105 plans $50 to 250M that report it.
= $9,142,345 / 343
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260714125023NAL0001574369001, received 2026-07-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260714125023NAL0001574369001, received 2026-07-14
Employer share of total contributions
69.9%
Higher than 98% of the 9,112 plans $50 to 250M that report it.
= $9,142,345 / $13,081,224
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260714125023NAL0001574369001, received 2026-07-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20260714125023NAL0001574369001, received 2026-07-14
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2I · 2J 401(k) feature · 2O ESOP-related feature · 2Q · 2R participant brokerage window · 2T default investment (QDIA) · 3I · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20260714125023NAL0001574369001, received 2026-07-14
| Field | Value | Source |
|---|---|---|
| Plan sponsor | TOYON RESEARCH CORPPORATION EMP STOCK OWNERSHIP PLAN | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Plan name | TOYON RESEARCH CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Sponsor EIN / plan number | 95-3526665 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Sponsor location | GOLETA, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Industry (business code) | 541330, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Plan year | 2024-10-01 to 2025-09-30 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Filing received | 2026-07-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Participants, beginning of year | 359 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Active participants | 273 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Participants, end of year | 366 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Participants with an account balance | 343 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Total assets, beginning of year | $188,691,798 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Total assets, end of year | $225,387,710 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Net assets, end of year | $225,256,362 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Total income | $42,828,772 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Net income | $36,896,322 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Employer contributions | $9,142,345 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Participant contributions | $1,751,327 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Other contributions (incl. rollovers) | $901,779 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Total contributions | $13,081,224 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Benefit payments | $5,499,807 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Total expenses (incl. benefit payments) | $5,932,450 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Total administrative expenses | $175,213 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Contract administrator fees | $70,875 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Recordkeeping fees | $27,795 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| IQPA audit fees | $30,000 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Investment advisory and management fees | $30,103 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Administrative expenses excluding investment management | $145,110 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Held in common/collective trusts | $52,807,648 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Held in mutual funds | $109,021,072 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20260714125023NAL0001574369001, received 2026-07-14 |
| Independent auditor | FGMK, LLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20260714125023NAL0001574369001, received 2026-07-14 |
Position = column in the DOL layout for form year 2024. Filing 20260714125023NAL0001574369001, received 2026-07-14.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANYrecordkeeper | CONTRACT ADMINISTRATOR | 13 Contract administrator; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees; 49 Other services; 99 Other fees | $89,726 | yes |
| RAYMOND JAMES & ASSOCIATES | INVESTMENT ADVISORY | 27 Investment advisory (plan); 50 Direct payment from the plan | $40,000 | no |
| FGMK LLC | ACCOUNTANT | 10 Accounting (including auditing); 50 Direct payment from the plan | $15,000 | no |
| NASIF HICKS HARRIS & CO LLP. | ACCOUNTANT | 10 Accounting (including auditing); 50 Direct payment from the plan | $12,922 | no |
| CHARTWELL | OTHER SERVICES | 49 Other services; 99 Other fees | $10,227 | no |
| OMEGA FINANCIAL GROUP LLC | OTHER SERVICES | 49 Other services; 50 Direct payment from the plan | $5,154 | no |
| MORNINGSTAR INVESTMENT MANAGEMENT L | INV ADV, PARTICIPANTS | 26 Investment advisory (participants); 70 Consulting 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 20260714125023NAL0001574369001, received 2026-07-14.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $188,691,798 | $225,387,710 | 19.4% |
| Participants with a balance | 328 | 343 | 4.6% |
| Administrative expenses | $175,686 | $175,213 | -0.3% |
| Recordkeeping fees per participant | $89.15 | $81.03 | -9.1% |
| Employer contributions | $7,631,768 | $9,142,345 | 19.8% |
Prior filing 20250715110819NAL0003148480001, received 2025-07-15; the plan years are contiguous.
Sponsor name as filed: TOYON RESEARCH CORPPORATION EMP STOCK OWNERSHIP PLAN; SEC registrant: TOYON RESEARCH CORP (CIK 320094, matched by EIN).