Retirement plan

TOPBUILD CORP. 401(K) PLAN

Name: TOPBUILD CORP. - TOPBUILD CORP. 401(K) PLAN (2022) Form 5500
Creator: TOPBUILD CORP.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TOPBUILD CORP. 401(K) PLAN, TOPBUILD CORP.

TOPBUILD CORP.EIN 47-3096382Plan #001PY 2022

475 NORTH WILLIAMSON BLVD - DAYTONA BEACH, FL 32114386-763-7290topbuild.comLinkedIn10001+ employeesconstruction

Prospect flagsFailed to provide benefitCorrective distributions

Top hat statement on fileNQDC

Filed May 13, 2016 (most recent of 2 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

260 Jimmy Ann Dr

Daytona Beach State: FL Zip Code: 32114

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Plans declared (1)

TopBuild Executive Severance Plan5 emp

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Total assets (EOY)

$443.8M

-4.7% from 2016

Total participants

17,593

+0.1% from 2016

Average account balance

$26,920

-0.1% from 2016

Annual return

-8.38%

-7.42 pp from 2016

Benchmarks

See 55 peers

Peer group

Industry23 - Construction

Plan typeDefined contribution

Participants>=10,000

Cohort55 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$608.33M

Not enough data

1 years with asset history on file

Average account balance

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

$33K

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.

18,262

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.

90.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$68.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$5K

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

+12.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$54

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 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL8+ years Service code 37 · EIN 04-2647786	Loan Processing	$1,181,669
STRATEGIC ADVISORS, INC.7 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$110,618
AON CONSULTING1 year Filed as: AON Service code 27 · EIN 36-3109431	Advisory (Plan)	$41,003

Plan features & details

Pension benefit codes2G2H2J2K2R2T2F

Plan features

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.
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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.

Opportunity flags

2 tripped

ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$1.3M

$110 / participant

Investment mgmt$111K8.3%
Other / not subdivided$1M91.7%

% of EOY assets

0.300%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: REHMANN ROBSON LLC
Auditor EIN: 383635706
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$26,920

$51,785-48.0%

$112,270-76.0%

$89,433-69.9%

Participation rate

90.8%

82.2%+8.7pp

75.1%+15.8pp

71.3%+19.6pp

Annual return

-8.38%

-11.06%+2.7pp

27.49%-35.9pp

-11.88%+3.5pp

Employer contribution / active EE

$1,408

$3,782-62.8%

$3,635-61.3%

$3,021-53.4%

Participant deferral / active EE

$3,536

$3,425+3.2%

$4,729-25.2%

$5,125-31.0%

Admin fee / account holder

$81

$102-20.4%

$6,411-98.7%

$79+1.8%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL8+ years

Service code 37 · EIN 04-2647786

Loan Processing

$1,181,669

STRATEGIC ADVISORS, INC.7 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$110,618

AON CONSULTING1 year

Filed as: AON

Service code 27 · EIN 36-3109431

Advisory (Plan)

$41,003

TOPBUILD CORP. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TOPBUILD CORP. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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