Plan Snapshot
- Plan Sponsor: Timber Automation, LLC
- Sponsor EIN: 474749928
- Sponsor Address: 400 AVIATION PLAZA, HOT SPRINGS, AR, 71913
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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 | 0 | $0 | $0 | $0 |
| 2023 | 239 | $11.5M | $524,242 | $948,481 |
| 2022 | 233 | $10.3M | $572,935 | $1.0M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $57,818 | — | $57,818 |
| CREATIVE PLANNING LLC | ADVISOR | $34,588 | — | $34,588 |
| LOCKTON FINANCIAL ADVISORS LLC | ADVISOR | $12,712 | — | $12,712 |
| PIERCE FIRM, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CREATIVE PLANNING LLC — ADVISOR
- LOCKTON FINANCIAL ADVISORS LLC — ADVISOR
- PIERCE FIRM, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $105,118
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 | $17,718 | $8,078 | — | — | — |
| 2023 | $57,931 | $29,022 | — | — | — |
| 2022 | $61,938 | $4,367 | — | — | — |