Plan Snapshot
- Plan Sponsor: Tmag Industries INC
- Sponsor EIN: 330797819
- Sponsor Address: 265 VIA DEL MONTE, OCEANSIDE, CA, 92058
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 108
- Total Assets: $3.1M
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. |
|---|---|---|---|---|
| 2025 | 108 | $3.1M | $269,952 | $634,455 |
| 2024 | 75 | $1.9M | $210,906 | $541,811 |
| 2023 | 103 | $1.0M | $237,862 | $590,013 |
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 |
|---|---|---|---|---|
| PENSION ASSURANCE LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 |
|---|---|---|---|---|---|
| 2025 | $88,535 | — | — | — | — |
| 2024 | $4,584 | — | — | — | — |
| 2023 | $2,568 | — | — | — | — |