TTX Company 401(k) Review & Grade
TTX Company Thrift Plan
Charlotte, NCReal Estate & Rental553 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$6,431Employer $ per active participant
$10,521Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$154.1MNet plan assets, end of year
$204,106Average balance per account
Score breakdown
- Employer generosity47.8 / 5096th percentile for employer $ per participant
- Low cost21.2 / 2585th percentile for low admin cost vs. same-size plans
- Employee saving14.1 / 1594th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score93 / 100 · Grade A
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 96th |
| Lower admin cost | 85th |
| Employee saving | 94th |
| Peers that auto-enroll | 47% |
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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
- TTX put in about $6,431 per active participant, more than the typical peer ($1,279). 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $3,556,380 |
| Participant (employee) contributions | $5,818,313 |
| Other contributions (incl. rollovers in) | $1,078,793 |
| Administrative expenses paid from the plan | $84,685 |
| Other admin expenses | $84,685 |
| Benefits paid out | $12,264,010 |
| Net assets, start / end of year | $137.1M / $154.1M |
| Active participants, start / end of year | 540 / 566 |
| Participants with account balances | 755 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Deloitte & Touche LLP |
Largest service providers (Schedule C)
| Vanguard Advisers Inc. | $49,950 reported compensation |
| The Vanguard Group, Inc. | $23,870 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250722133623NAL0001264195001, received 2025-07-22, EIN 23-1554199, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.