Plan Snapshot
- Plan Sponsor: Tmc Technologies Of West Virginia Corp.
- Sponsor EIN: 271812321
- Sponsor Address: 2050 WINNERS DR, FAIRMONT, WV, 26554
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 180
- Total Assets: $16.8M
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 | 180 | $16.8M | $0 | $0 |
| 2024 | 140 | $14.0M | $490,982 | $1.1M |
| 2023 | 131 | $11.3M | $437,828 | $1.0M |
| 2022 | 131 | $8.8M | $392,218 | $911,797 |
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 |
|---|---|---|---|---|
| TRUIST INVESTMENT SERVICES INC | Investment Advisor | $44,606 | — | $44,606 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $12,477 | — | $12,477 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $6,497 | — | $6,497 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,580
- Estimated Expense Ratio: 0.379% 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 |
|---|---|---|---|---|---|
| 2025 | $1,639,165 | $51,103 | — | — | — |
| 2024 | $51,448 | $41,897 | — | — | — |
| 2023 | $37,439 | $30,155 | — | — | — |
| 2022 | $24,295 | — | $24,295 | — | — |