Plan Snapshot
- Plan Sponsor: Boyle Investment Company
- Sponsor EIN: 620136740
- Sponsor Address: 5900 POPLAR AVE STE 100, MEMPHIS, TN, 381193900
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 181
- Total Assets: $81.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 181 | $81.7M | $0 | $0 |
| 2024 | 134 | $82.2M | $862,370 | $950,059 |
| 2023 | 118 | $73.0M | $830,271 | $934,127 |
| 2022 | 115 | $65.3M | $786,240 | $848,048 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| THE TRUST COMPANY OF TENNESSEE | Other Service Provider | $101,822 | — | $101,822 |
| RUANE CUNNIFF & GOLDFARB, INC. | Investment Advisor | $98,686 | — | $98,686 |
| NEWSOUTH CAPITAL MANAGEMENT, INC. | Investment Advisor | $32,892 | — | $32,892 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $233,400
- Estimated Expense Ratio: 0.286% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $13,548,085 | $232,620 | $780 | — | — |
| 2024 | $210,010 | $208,235 | — | — | — |
| 2023 | $178,193 | $112,469 | — | — | — |
| 2022 | $195,293 | $94,802 | — | — | $100,491 |