Plan Snapshot
- Plan Sponsor: Tmag-Hemet, LLC Dba Tim Moran Automotive Group
- Sponsor EIN: 933059701
- Sponsor Address: 150 CARRIAGE CIRCLE, HEMET, CA, 92545
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 183
- Total Assets: $5.3M
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 | 183 | $5.3M | $39,344 | $280,088 |
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 |
|---|---|---|---|---|
| BENEFIT EQUITY INC. | Recordkeeper | $7,939 | — | $7,939 |
| TRANSAMERICA RETIREMENT SOLUTIONS, | Recordkeeper | $6,991 | — | $6,991 |
| BANK OF AMERICA NA | Investment Advisor | $5,789 | — | $5,789 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TRANSAMERICA RETIREMENT SOLUTIONS, — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,719
- Estimated Expense Ratio: 0.391% 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 | $20,586 | — | $20,586 | — | — |