Plan Snapshot
- Plan Sponsor: Tfc, INC.
- Sponsor EIN: 450361974
- Sponsor Address: 201 40TH STREET SOUTHWEST, FARGO, ND, 58103
- Plan Type: 401(k)
- Total Participants: 1,340
- Total Assets: $81.6M
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 | 1,340 | $81.6M | $2.7M | $6.8M |
| 2023 | 1,248 | $66.6M | $2.6M | $6.4M |
| 2022 | 837 | $50.5M | $2.4M | $5.9M |
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 |
|---|---|---|---|---|
| BELL BANK | NONE | $149,295 | — | $149,295 |
| EIDE BAILLY LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EIDE BAILLY LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $149,295
- Estimated Expense Ratio: 0.183% 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 | $149,295 | — | $500 | — | — |
| 2023 | $127,675 | — | $500 | — | — |
| 2022 | $95,097 | — | $95,097 | — | — |