Plan Snapshot
- Plan Sponsor: Tifco Industries
- Sponsor EIN: 741390895
- Sponsor Address: 21400 NORTHWEST FREEWAY, CYPRESS, TX, 77429
- Plan Type: 401(k)
- Total Participants: 254
- Total Assets: $19.8M
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 | 254 | $19.8M | $203,934 | $1.2M |
| 2023 | 243 | $18.4M | $190,098 | $1.1M |
| 2022 | 236 | $15.8M | $160,703 | $981,805 |
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 |
|---|---|---|---|---|
| CROWE LLP | 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 | $54,053 | $10,200 | $19,071 | — | — |
| 2023 | $44,861 | $13,200 | $14,323 | — | — |
| 2022 | $49,209 | $13,760 | $26,586 | — | $8,863 |