Plan Snapshot
- Plan Sponsor: Time Equities, INC.
- Sponsor EIN: 132659445
- Sponsor Address: 55 FIFTH AVENUE, NEW YORK, NY, 10003
- 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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 12 | $320,855 | $171,165 | $1.5M |
| 2023 | 174 | $30.7M | $406,737 | $1.7M |
| 2022 | 174 | $28.5M | $983,749 | $1.5M |
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 |
|---|---|---|---|---|
| THRIVENT ADVISOR NETWORK LLC | INVESTMENT ADVISOR | $81,375 | — | $81,375 |
| LEAFHOUSE FINANCIAL ADVISORS, LLC | INVESTMENT ADVISOR | $13,356 | — | $13,356 |
| UNITED BENEFIT PENSIONS INC. | CONTRACT ADMIN | $10,342 | — | $10,342 |
| SATTY LEVINE AND CIACCO CPA'S PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $105,073
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 |
|---|---|---|---|---|---|
| 2025 | — | — | — | — | — |
| 2024 | $103,746 | — | $103,746 | — | — |
| 2023 | $90,653 | — | $90,653 | — | — |
| 2022 | $96,967 | — | $96,967 | — | — |