Plan Snapshot
- Plan Sponsor: Tex Air Parts, INC.
- Sponsor EIN: 751160163
- Sponsor Address: 4701 N MAIN ST., FORTH WORTH, TX, 76106
- Plan Type: 401(k)
- Total Participants: 103
- Total Assets: $4.1M
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 | 103 | $4.1M | $158,788 | $294,821 |
| 2023 | 111 | $3.4M | $154,543 | $282,054 |
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 |
|---|---|---|---|---|
| J. TAYLOR & ASSOCIATES, LLC | Auditor | $13,493 | — | $13,493 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $13,493
- Estimated Expense Ratio: 0.331% 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 | $18,499 | — | $5,006 | $13,493 | — |
| 2023 | $12,221 | — | $12,221 | — | — |