Plan Snapshot
- Plan Sponsor: Tag Employer Services, INC
- Sponsor EIN: 731681659
- Sponsor Address: 20815 N CAVE CREEK RD, PHOENIX, AZ, 85024
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 4,492
- Total Assets: $12.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,492 | $12.7M | $31.5M | $1.9M |
| 2023 | 2,199 | $3.2M | $14.8M | $576,631 |
| 2022 | 1,895 | $2.0M | $0 | $0 |
| 2021 | 750 | $288,299 | $0 | $0 |
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 |
|---|---|---|---|---|
| ABCDEFGHI | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $2,162,965 | $12,232 | — | — | — |
| 2023 | $11,942 | $1,041 | — | — | — |
| 2022 | $11,565,375 | — | — | — | — |
| 2021 | $6,889,497 | — | — | — | — |