Plan Snapshot
- Plan Sponsor: Timco Logistics Systems, INC.
- Sponsor EIN: 203866219
- Sponsor Address: 2270 W 287 BUSINESS, WAXAHACHIE, TX, 75167
- Plan Type: 401(k)
- Total Participants: 297
- Total Assets: $3.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 297 | $3.1M | $0 | $386,324 |
| 2023 | 328 | $3.4M | $0 | $398,678 |
| 2022 | 345 | $2.9M | $0 | $387,116 |
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 |
|---|---|---|---|---|
| ARMANINO ADVISORY LLC | TPA | $10,832 | — | $10,832 |
| AMERICAN FUNDS | RECORDKEEPER | $6,960 | — | $6,960 |
| KATZ, SAPPER & MILLER, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERICAN FUNDS — RECORDKEEPER
- KATZ, SAPPER & MILLER, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,792
- Estimated Expense Ratio: 0.580% 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 | $17,792 | — | — | — | — |
| 2023 | $9,610 | — | — | — | — |
| 2022 | $9,125 | — | — | — | — |