Plan Snapshot
- Plan Sponsor: Tumeq, LLC
- Sponsor EIN: 272017426
- Sponsor Address: 900 WANDO PARK BLVD, MT PLEASANT, SC, 29464
- Plan Type: 401(k)
- Total Participants: 299
- Total Assets: $19.9M
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 | 299 | $19.9M | $515,508 | $1.4M |
| 2023 | 303 | $16.5M | $425,263 | $1.2M |
| 2022 | 240 | $13.8M | $533,269 | $1.5M |
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 |
|---|---|---|---|---|
| BDO, USA, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO, USA, LLP — Auditor
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 |
|---|---|---|---|---|---|
| 2024 | $79,980 | $14,048 | $65,382 | — | — |
| 2023 | $68,366 | — | $68,366 | — | — |
| 2022 | $64,352 | — | $64,352 | — | — |