Toll Bros., Inc. 401(k) Review & Grade
Toll Brothers 401k Savings Plan
Fort Washington, PAConstruction4,634 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,110Employer $ per active participant
$8,663Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$727.8MNet plan assets, end of year
$114,220Average balance per account
Score breakdown
- Employer generosity37.3 / 5075th percentile for employer $ per participant
- Low cost18.8 / 2575th percentile for low admin cost vs. same-size plans
- Employee saving12.2 / 1581th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score71 / 100 · Grade B
This plan vs. peers
Peers: Construction plans with 2,500–9,999 active participants (76 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 75th |
| Lower admin cost | 75th |
| Employee saving | 81th |
| Peers that auto-enroll | 57% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Toll Bros. put in about $4,110 per active participant, more than the typical peer ($1,965). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $19,047,690 |
| Participant (employee) contributions | $40,147,578 |
| Other contributions (incl. rollovers in) | $7,793,798 |
| Administrative expenses paid from the plan | $380,234 |
| Contract administrator fees | $296,084 |
| Investment advisory & management fees | $60,000 |
| Benefits paid out | $53,956,314 |
| Net assets, start / end of year | $627.5M / $727.8M |
| Active participants, start / end of year | 4,361 / 4,908 |
| Participants with account balances | 6,372 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Eisneramper LLP |
| Employer stock held by plan | $15,858,662 |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $275,837 reported compensation |
| Cordatus Wealth Management LLC | $60,000 reported compensation |
| Eisneramper, LLP | $24,150 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013162503NAL0002423712001, received 2025-10-13, EIN 23-2417123, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.