Plan Snapshot
- Plan Sponsor: Timely Telehealth, LLC
- Sponsor EIN: 820697295
- Sponsor Address: 1315 S ADAMS STREET, FORT WORTH, TX, 76104
- Plan Type: 401(k)
- Total Participants: 222
- Total Assets: $6.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 222 | $6.4M | $851,654 | $1.6M |
| 2023 | 222 | $3.8M | $746,249 | $1.4M |
| 2022 | 145 | $991,686 | $0 | $650,024 |
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 |
|---|---|---|---|---|
| COLEMANS COUNTRY STATE BANK | ADVISOR | $49,390 | — | $49,390 |
| NEWPORT GROUP, INC. | RECORDKEEPER | $6,435 | — | $6,435 |
| ARMANINO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ARMANINO LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $55,825
- Estimated Expense Ratio: 0.877% 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 | $55,825 | $49,390 | $720 | — | — |
| 2023 | $25,454 | $20,729 | $580 | — | — |
| 2022 | — | — | — | — | — |