Plan Snapshot
- Plan Sponsor: Tfe, INC.
- Sponsor EIN: 592928338
- Sponsor Address: 1114 RIDGECREST AVE, NORTH AUGUSTA, SC, 29841
- Plan Type: 401(k)
- Total Participants: 141
- Total Assets: $11.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 141 | $11.2M | $369,413 | $724,562 |
| 2023 | 134 | $11.9M | $307,682 | $652,014 |
| 2022 | 145 | $11.5M | $331,528 | $763,243 |
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 |
|---|---|---|---|---|
| FIRST CITIZENS BANK AND TRUST CO | Investment Advisor | $30,000 | — | $30,000 |
| ELLIOTT DAVIS, LLC | Auditor | $13,200 | — | $13,200 |
| FUTUREPLAN BY ASCENSUS | Recordkeeper | $9,601 | — | $9,601 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ELLIOTT DAVIS, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,801
- Estimated Expense Ratio: 0.471% 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 | $56,848 | — | $56,848 | — | — |
| 2023 | $37,886 | — | $37,886 | — | — |
| 2022 | $84,463 | $41,030 | $43,433 | — | — |