Timec Company, Inc. 401(k) Plan: Login, Facts & Contact Information

No recent filing

No Form 5500 has been filed for this plan since plan year 2013. The plan may have been terminated, merged into another plan, or moved to a new sponsor. Everything below comes from its last filing on record.

Timec Company, Inc. 401(k) Plan Facts (plan year 2013)

Plan name
TIMEC COMPANY IUPIW 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
TIMEC COMPANY, INC.
Participants
506 (1,116 active employees)
Former employees with a balance
210
Plan assets
$10,520,710 at Dec 31, 2013
Average account balance
$24,186 across 435 accounts
Employer contributions
$465 in plan year 2013
Plan year
Jan 1, 2013 – Dec 31, 2013
Plan established
Nov 1, 1998
✓ Employer contributions— Automatic enrollment— Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2013 (Jan 1, 2013 – Dec 31, 2013), filed Oct 15, 2014. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2013

  • $1.08 million went into the plan in contributions, $465 of it from the employer (0%).
  • $1.41 million was paid out to participants.
  • Investment and other income added $1.56 million.
  • Administrative expenses were $34,824, about $80 per account.

How the Timec Company, Inc. 401(k) changed, 2009–2013

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2009528$7.09 million$205,076$574,200
20111,218$8.42 million$14,483$753,258
2012447$9.40 million$97,951$890,162
2013506$10.5 million$465$1.41 million

Timec Company, Inc. 401(k) Contact Information

Phone
713-964-2800
Mailing address
1330 POST OAK BLVD., SUITE 1250, HOUSTON TX 77056
Plan sponsor
TIMEC COMPANY, INC.
Employer identification number (EIN)
95-2788379
Plan number
003

Questions about the Timec Company, Inc. 401(k)

Is the Timec Company, Inc 401(k) plan still active?

We can't confirm that. The last Form 5500 on record for this plan covers plan year 2013, and no later filing was found under this employer's EIN.

Does Timec Company, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2013 the employer contributed $465, 0% of all contributions.

Does the Timec Company, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Timec Company, Inc 401(k) plan?

506 participants at the start of plan year 2013, 1,116 of them active employees, and 210 former employees who still had money in the plan.

What is the average 401(k) balance at Timec Company, Inc?

About $24,186 per account: $10.5 million in plan assets across 435 accounts with a balance at the end of plan year 2013.

Who manages the Timec Company, Inc 401(k) accounts?

Newport (an Ascensus company) is the plan's recordkeeper, which is where participants log in to see their balance.

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