Plan Snapshot
- Plan Sponsor: Tmg Insurance Services, LLC
- Sponsor EIN: 420645088
- Sponsor Address: 1111 ASHWORTH RD, WEST DES MOINES, IA, 502653544
- Plan Type: 401(k)
- Total Participants: 459
- Total Assets: $173.5M
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. |
|---|---|---|---|---|
| 2023 | 459 | $173.5M | $2.9M | $5.7M |
| 2022 | 565 | $151.4M | $3.0M | $6.0M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $268,044 | — | $268,044 |
| MORGAN STANLEY GLOBAL BA | INVESTMENT ADVISORY | $128,010 | $156 | $128,166 |
| UHY LLP | ACCOUNTANT | $26,600 | — | $26,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY GLOBAL BA — INVESTMENT ADVISORY
- UHY LLP — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $422,810
- Estimated Expense Ratio: 0.244% 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 |
|---|---|---|---|---|---|
| 2023 | $211,327 | $64,005 | $134,022 | $13,300 | — |
| 2022 | $200,713 | $63,484 | $130,250 | — | $6,979 |