Retirement plan

TAYLOR MADE EMPLOYEES SAVINGS RETIREMENT PROGRAM

Name: TAYLOR MADE GOLF COMPANY, INC. - TAYLOR MADE EMPLOYEES SAVINGS RETIREMENT PROGRAM (2024) Form 5500
Creator: TAYLOR MADE GOLF COMPANY, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TAYLOR MADE EMPLOYEES SAVINGS RETIREMENT PROGRAM, TAYLOR MADE GOLF COMPANY, INC.

TAYLOR MADE GOLF COMPANY, INC.EIN 33-0831814Plan #440PY 2024

5545 FERMI CT - CARLSBAD, CA 92008760-931-1991buy-taylormadegolfclubs.comLinkedIn1001-5000 employees

Prospect flagsCorrective distributions

Top hat statement on fileNQDC

Filed January 5, 2009 (most recent of 3 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$206.3M

+12.9% from 2023

Total participants

1,285

+5.7% from 2023

Average account balance

$166,250

+5.1% from 2023

Annual return

15.37%

-3.39 pp from 2023

Benchmarks

See 2,379 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,379 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$206.32M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$166K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,241

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

95.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$11.82M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.37%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$184

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

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Service providers

Top 8 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.5 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$104,312
GRP FINANCIAL5 years Service code 28 · EIN 47-1411118	Investment Management	$48,000
VASQUEZ & COMPANY LLP8 years Filed as: VASQUEZ AND COMPANY LLP Service code 10 · EIN 33-0700332	Accounting	$18,060
LPL FINANCIAL2 years Filed as: LPL FINANCIAL LLC Service code 26 · EIN 04-3046611	Advisory (Participants)	$11,351
PURE FINANCIAL ADVISORS INC2 years Filed as: PURE FINANCIAL ADVISORS LLC Service code 26 · EIN 87-1712300	Advisory (Participants)	$6,691
DAVID ROMANO1 year Filed as: DAVID PAIK Service code 29 · EIN 46-2465521	Legal	$6,615
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.10+ years Service code 33 · EIN 94-1737782	Securities brokerage; Direct payment ...	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$228K

$250 / participant

Recordkeeping$91K39.7%
Investment mgmt$113K49.5%
Legal$5K2.3%
Contract admin$6K2.8%
Other / not subdivided$13K5.7%

% of EOY assets

0.110%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: VASQUEZ & COMPANY LLP
Auditor EIN: 330700332
Audit fees: $13,000
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$166,250

$89,123+86.5%

$102,460+62.3%

$77,762+113.8%

Participation rate

95.2%

80.9%+14.3pp

76.5%+18.7pp

70.6%+24.6pp

Annual return

15.37%

25.05%-9.7pp

29.47%-14.1pp

31.27%-15.9pp

Employer contribution / active EE

$4,468

$2,700+65.5%

$3,025+47.7%

$2,728+63.8%

Participant deferral / active EE

$8,502

$5,148+65.2%

$5,056+68.2%

$4,651+82.8%

Admin fee / account holder

$184

$236-22.1%

$9,460-98.1%

$433-57.6%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.5 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$104,312

GRP FINANCIAL5 years

Service code 28 · EIN 47-1411118

Investment Management

$48,000

VASQUEZ & COMPANY LLP8 years

Filed as: VASQUEZ AND COMPANY LLP

Service code 10 · EIN 33-0700332

Accounting

$18,060

LPL FINANCIAL2 years

Filed as: LPL FINANCIAL LLC

Service code 26 · EIN 04-3046611

Advisory (Participants)

$11,351

PURE FINANCIAL ADVISORS INC2 years

Filed as: PURE FINANCIAL ADVISORS LLC

Service code 26 · EIN 87-1712300

Advisory (Participants)

$6,691

DAVID ROMANO1 year

Filed as: DAVID PAIK

Service code 29 · EIN 46-2465521

Legal

$6,615

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL

Service code 59

Shareholder Servicing

CHARLES SCHWAB & CO., INC.10+ years

Service code 33 · EIN 94-1737782

Securities brokerage; Direct payment ...

TAYLOR MADE EMPLOYEES SAVINGS RETIREMENT PROGRAM

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TAYLOR MADE EMPLOYEES SAVINGS RETIREMENT PROGRAM

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion