Plan Snapshot
- Plan Sponsor: Turbine Engine Specialist INC.
- Sponsor EIN: 752954868
- Sponsor Address: 600 RAILHEAD RD, FORT WORTH, TX, 76106
- Plan Type: 401(k)
- Total Participants: 144
- Total Assets: $5.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 144 | $5.7M | $267,564 | $697,513 |
| 2023 | 113 | $4.7M | $334,287 | $608,002 |
| 2022 | 126 | $3.8M | $288,627 | $566,477 |
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 |
|---|---|---|---|---|
| DECIMAL, INC. | THIRD PARTY RECORDKEEPER | $15,389 | — | $15,389 |
| WHITLEY PENN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DECIMAL, INC. — THIRD PARTY RECORDKEEPER
- WHITLEY PENN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,389
- Estimated Expense Ratio: 0.268% 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 | $15,669 | $200 | — | — | — |
| 2023 | $13,074 | — | $13,074 | — | — |
| 2022 | — | — | — | — | — |