Plan Snapshot
- Plan Sponsor: Clayton Homes, INC.
- Sponsor EIN: 621671360
- Sponsor Address: 5000 CLAYTON ROAD, MARYVILLE, TN, 37804
- Plan Type: 401(k)
- Total Participants: 22,418
- Total Assets: $1.6B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 22,418 | $1.6B | $57.4M | $124.3M |
| 2023 | 18,297 | $1.3B | $51.8M | $108.3M |
| 2022 | 19,824 | $1.0B | $50.7M | $107.4M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $1,277,179 | — | $1,277,179 |
| STRATEGIC ADVISORS, INC. | Investment Advisor | $542,376 | — | $542,376 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
- STRATEGIC ADVISORS, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,819,555
- Estimated Expense Ratio: 0.115% 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 |
|---|---|---|---|---|---|
| 2024 | $1,819,561 | $542,376 | $3,000 | — | — |
| 2023 | $1,717,256 | $448,079 | $3,900 | — | — |
| 2022 | $1,810,571 | $460,909 | — | — | — |