Troon Golf, L.L.C. 401(k) Review & Grade
Troon Golf, L.L.C. 401(k) Plan
Scottsdale, AZArts, Entertainment & Recreation25,030 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$306Employer $ per active participant
$1,884Employee $ saved per active participant
0.59%Direct admin cost, % of plan assets
$333.7MNet plan assets, end of year
$9,996Average balance per account
Score breakdown
- Employer generosity7.8 / 5016th percentile for employer $ per participant
- Low cost0.7 / 253th percentile for low admin cost vs. same-size plans
- Employee saving4.0 / 1527th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score20 / 100 · Grade F
This plan vs. peers
Peers: all industries, plans with 10,000+ active participants (fewer than 30 industry peers) (820 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 16th |
| Lower admin cost | 3th |
| Employee saving | 27th |
| Peers that auto-enroll | 50% |
Get the monthly 401(k) report card
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Red flags from the filing
Corrective distributions: the plan refunded $47,372 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Troon Golf put in about $306 per active participant, below the typical peer ($2,229). Any match is still an instant return, so contribute enough to get all of it.
- 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 (0.59% of assets) are well above similar-size plans (0.09%). 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 | $7,665,298 |
| Participant (employee) contributions | $47,149,193 |
| Other contributions (incl. rollovers in) | $6,394,679 |
| Administrative expenses paid from the plan | $1,752,669 |
| Investment advisory & management fees | $190,254 |
| Benefits paid out | $33,813,589 |
| Net assets, start / end of year | $264.6M / $333.7M |
| Active participants, start / end of year | 23,435 / 26,625 |
| Participants with account balances | 33,384 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cbiz Cpas P.C. |
Largest service providers (Schedule C)
| Empower Annuity Insurance Company | $1,511,945 reported compensation |
| Sageview Advisory Group, LLC | $100,000 reported compensation |
| Sageview Advisory Group, LLC | $90,254 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250916172640NAL0001414371001, received 2025-09-16, EIN 86-0832529, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.