2023 Form 5500 filing — Time Manufacturing Company 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014161050NAL0013599779001) for Time Manufacturing Company 401(K) Plan, reported by Time Manufacturing Company under EIN 74-1609717 and plan number 001. It reports 1,120 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014161050NAL0013599779001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Time Manufacturing Company
- EIN
- 74-1609717
- Plan number
- 001
- Location
- Waco, TX
- Participants
- 1,120
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $30,293,015
- Total liabilities (EOY)
- $37,060
- Net assets (EOY)
- $30,255,955
- Employer contributions
- $736,028
- Participant contributions
- $3,609,717
- Total income / additions
- $8,586,783
- Benefits paid
- $4,565,153
- Administrative expenses
- $346,358
- Total expenses
- $4,914,494
- Net increase / (decrease)
- $3,672,289
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Nationwide Financial | CUSTODIAN | $275,850 | $3,495 |
| Ameriprise Financial Services | FINANCIAL ADV | $0 | $139,187 |
| Inwest Retirement Solutions | TPA | $47,761 | not reported in the loaded dataset |
| Iron Co Fid Index Comprehensive | NONE | $11,744 | not reported in the loaded dataset |
| Fiduciary Wise | 3(16) | $11,000 | not reported in the loaded dataset |