Plan Snapshot
- Plan Sponsor: Time Investment Corporation
- Sponsor EIN: 560810329
- Sponsor Address: 1501 C WEST ARLINGTON BLVD, GREENVILLE, NC, 27834
- Plan Type: 401(k)
- Total Participants: 117
- Total Assets: $6.7M
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 | 117 | $6.7M | $181,678 | $343,483 |
| 2023 | 113 | $5.7M | $161,071 | $297,372 |
| 2022 | 104 | $4.7M | $166,985 | $329,684 |
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 |
|---|---|---|---|---|
| THOMAS, JUDY & TUCKER, P.A. | 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 | $52,112 | — | $52,112 | — | — |
| 2023 | $43,107 | — | $43,107 | — | — |
| 2022 | $38,441 | — | $38,441 | — | — |