Department of Labor filing

TEAM HORNER GROUP, INC.

TEAM HORNER 401(K) PROFIT SHARING PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 1, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

32filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$1,265

Reported employer contributions per active participant.

Higher than about 24% of comparable plans

#People in the filing

472

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$188 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 52% of comparable plans

↗Investment performance

Not available

Plan assets changed 13.6%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202432out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions24th percentileTypical peer $2,059 · based on 1,266 comparable plans

Lower reported administrative expense52nd percentileTypical peer $195 · based on 1,288 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, TEAM HORNER GROUP, INC. reported $596,923 in employer contributions across the plan and 472 active participants. That works out to $1,265 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy73%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 102.2%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 10.5%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context32/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $596,923
Participant contributions: $1,796,718
Other contributions: $46,310
Employer share of reported contributions: 24.9%
Beginning assets: $32,443,044
Ending assets: $36,867,839
Ending net assets: $36,816,733
Ending liabilities: $51,106
Total income: $7,682,947
Total expenses: $3,248,258
Administrative expenses: $129,095
Participant loans: $400,793

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$625

2023

$1,065

2024

$1,265

Plan-paid administrative expenses per participant

2022

$170

2023

$180

2024

$188

Active participants

2022

524

2023

481

2024

472

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,265	472	36.9M	20251001134713NAL0017878307001
2023	$1,065	481	32.4M	20250425061059NAL0005322195001
2022	$625	524	26M	20240123095815NAL0011836033001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.1%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 810710190-002

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 31, 1976
Industry: Wholesale trade
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2G2J2K2F3D3H2S2T

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
JOHN HANCOCK LIFE INSURANCE CO USA	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251001134713NAL0017878307001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗