Plan Snapshot
- Plan Sponsor: Timesavers Acquisition, LLC.
- Sponsor EIN: 371743331
- Sponsor Address: 11123 89TH AVENUE NORTH,, MAPLE GROVE, MN, 55369
- Plan Type: 401(k)
- Total Participants: 221
- Total Assets: $19.2M
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 | 221 | $19.2M | $1.0M | $1.2M |
| 2023 | 195 | $18.2M | $481,420 | $1.1M |
| 2022 | 111 | $10.1M | $241,946 | $656,626 |
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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | 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 | $71,561 | $37,192 | — | — | — |
| 2023 | $40,870 | — | — | — | — |
| 2022 | $49,459 | $20,207 | — | — | $29,252 |