# Titan Modular Systems, INC. 401(k) Plan
Source: https://planprovider.pro/companies/titan-modular-systems-inc-401k-plan

> Titan Modular Systems, INC.'s 401(k) plan: 731 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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|—|—|

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