Plan Snapshot
- Plan Sponsor: Timex Group Usa, INC.
- Sponsor EIN: 060581310
- Sponsor Address: 6 ARMSTRONG ROAD, SHELTON, CT, 06484
- Plan Type: 401(k)
- Total Participants: 217
- Total Assets: $116.2M
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 | 217 | $116.2M | $670,227 | $2.5M |
| 2023 | 216 | $108.2M | $656,802 | $2.5M |
| 2022 | 216 | $100.2M | $601,812 | $2.3M |
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 |
|---|---|---|---|---|
| T ROWE PRICE RPS INC | NONE | $116,378 | — | $116,378 |
| CROWE LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $116,378
- Estimated Expense Ratio: 0.100% 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 | $116,378 | — | — | — | — |
| 2023 | $155,722 | $61,732 | — | $13,659 | — |
| 2022 | $132,133 | — | — | — | $130,589 |