Plan Snapshot
- Plan Sponsor: Time Manufacturing Company
- Sponsor EIN: 741609717
- Sponsor Address: PO BOX 20368, WACO, TX, 76702
- Plan Type: 401(k)
- Total Participants: 831
- Total Assets: $33.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 831 | $33.2M | $759,823 | $3.9M |
| 2023 | 937 | $30.3M | $736,028 | $3.6M |
| 2022 | 943 | $26.6M | $665,138 | $3.3M |
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 |
|---|---|---|---|---|
| AMERIPRISE FINANCIAL SERVICES | FINANCIAL ADVSR | — | $151,953 | $151,953 |
| NATIONWIDE FINANCIAL | CUSTODIAN | $84,366 | — | $84,366 |
| PROACCOUNT | INVEST ADVISORY | $69,037 | — | $69,037 |
| INWEST RETIREMENT SOLUTIONS | TPA | $47,716 | — | $47,716 |
| IRON FIDUCIARY | MONEY MNGR | $12,922 | — | $12,922 |
| FIDUCIARY WISE | FIDUCIARY SRVCS | $11,000 | — | $11,000 |
| JAYNES REITMEIER BOYD & THERRELL PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AMERIPRISE FINANCIAL SERVICES — FINANCIAL ADVSR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $376,994
- Estimated Expense Ratio: 1.135% 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 | $376,994 | $175,875 | $47,716 | — | — |
| 2023 | $346,358 | $322,383 | $23,975 | — | — |
| 2022 | $320,354 | $302,272 | $18,082 | — | — |