Plan Snapshot
- Plan Sponsor: Titan Development And Investments, INC.
- Sponsor EIN: 411323542
- Sponsor Address: 1544 GREENVIEW DR, ROCHESTER, MN, 55902
- Plan Type: 401(k)
- Total Participants: 182
- Total Assets: $6.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 182 | $6.1M | $227,446 | $493,063 |
| 2023 | 179 | $5.2M | $196,243 | $351,834 |
| 2022 | 192 | $4.2M | $206,516 | $360,794 |
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 |
|---|---|---|---|---|
| CARSON CAPITAL MANAGEMENT LLC | Investment Advisor | $24,219 | — | $24,219 |
| THE FINWAY GROUP LLC | Other Service Provider | $18,486 | — | $18,486 |
| EMPOWER ADVISORY GROUP | Investment Advisor | $12,293 | — | $12,293 |
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $7,924 | — | $7,924 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $62,922
- Estimated Expense Ratio: 1.031% 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 | $60,280 | $20,163 | $34,460 | — | — |
| 2023 | $46,716 | — | $46,716 | — | — |
| 2022 | $23,910 | — | $23,910 | — | — |