Plan Snapshot
- Plan Sponsor: Titan Modular Systems, INC.
- Sponsor EIN: 460843552
- Sponsor Address: 162 INDUSTRIAL DR., ALMA, GA, 31510
- Plan Type: 401(k)
- Total Participants: 731
- Total Assets: $3.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 731 | $3.5M | $343,675 | $462,702 |
| 2023 | 827 | $2.7M | $293,110 | $399,186 |
| 2022 | 1,197 | $1.8M | $246,817 | $339,777 |
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 |
|---|---|---|---|---|
| ASCENSUS LLC | NONE | $13,566 | — | $13,566 |
| CARTER THOMPSON INC | NONE | $6,943 | — | $6,943 |
| CLEMENTS, PURVIS & STEWART, PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,509
- Estimated Expense Ratio: 0.587% 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 | $22,466 | $7,201 | $15,265 | — | — |
| 2023 | $800 | — | $800 | — | — |
| 2022 | $1,300 | — | $1,300 | — | — |