Plan Snapshot
- Plan Sponsor: Timeclock Plus, LLC
- Sponsor EIN: 752245870
- Sponsor Address: 1 TIME CLOCK DRIVE, SAN ANGELO, TX, 76904
- Plan Type: 401(k)
- Total Participants: 376
- Total Assets: $15.5M
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 | 376 | $15.5M | $567,693 | $2.5M |
| 2023 | 314 | $11.3M | $398,440 | $2.0M |
| 2022 | 270 | $9.6M | $268,178 | $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 |
|---|---|---|---|---|
| ALLIANT INSURANCE SERVICES INC DBA | INVESTMENT ADVISOR | $33,190 | — | $33,190 |
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $25,847 | — | $25,847 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $12,634 | — | $12,634 |
| BAKER TILLY US, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $71,671
- Estimated Expense Ratio: 0.464% 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 | $71,671 | $45,824 | — | — | — |
| 2023 | $55,819 | $34,506 | — | — | — |
| 2022 | $43,072 | — | $43,072 | — | — |