Taylor Morrison, Inc. 401(k) Review & Grade
Taylor Morrison 401(k) Savings Plan
Scottsdale, AZConstruction2,918 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$4,935Employer $ per active participant
$9,671Employee $ saved per active participant
0.19%Direct admin cost, % of plan assets
$370.5MNet plan assets, end of year
$83,837Average balance per account
Score breakdown
- Employer generosity40.7 / 5081th percentile for employer $ per participant
- Low cost9.1 / 2536th percentile for low admin cost vs. same-size plans
- Employee saving13.2 / 1588th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score70 / 100 · Grade B
This plan vs. peers
Peers: Construction plans with 2,500–9,999 active participants (76 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 81th |
| Lower admin cost | 36th |
| Employee saving | 88th |
| Peers that auto-enroll | 57% |
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Red flags from the filing
Corrective distributions: the plan refunded $12,767 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Taylor Morrison put in about $4,935 per active participant, more than the typical peer ($1,965). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Direct plan expenses (0.19% of assets) are well above similar-size plans (0.12%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $14,399,317 |
| Participant (employee) contributions | $28,220,797 |
| Other contributions (incl. rollovers in) | $3,248,446 |
| Administrative expenses paid from the plan | $658,968 |
| Contract administrator fees | $3,600 |
| Investment advisory & management fees | $122,425 |
| Benefits paid out | $41,223,060 |
| Net assets, start / end of year | $320.5M / $370.5M |
| Active participants, start / end of year | 2,800 / 3,036 |
| Participants with account balances | 4,419 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Warren Averett LLC |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $532,943 reported compensation |
| Strategic Advisors, Inc. | $122,425 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251006100928NAL0001775859001, received 2025-10-06, EIN 58-1426890, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.