TMI 401(K) PROFIT SHARING TRUST

At the end of 2022, the total retirement plan assets of TMI 401(K) PROFIT SHARING TRUST is $25,913,095.This plan was established in 1998.

At the end of 2022, the total number of retirement plan participants in TMI 401(K) PROFIT SHARING TRUST is 325

In 2022, the average participant retirement account value for TMI 401(K) PROFIT SHARING TRUST is $79,732

In 2022, the estimated average employee contribution amount per participant for TMI 401(K) PROFIT SHARING TRUST is $2,815

In 2022, the estimated average employer match for an employee in TMI 401(K) PROFIT SHARING TRUST is approximately $721

In 2022, TMI 401(K) PROFIT SHARING TRUST allocates $234,603 to match its employees’ contributions, providing an employer match rate of 27.05% of their contributions

In 2022, the total retirement plan asset growth rate of TMI 401(K) PROFIT SHARING TRUST is -17.79%

In 2022, the estimated aggregate retirement account investment gain/loss for TMI 401(K) PROFIT SHARING TRUST is -14.83%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of TMI 401(K) PROFIT SHARING TRUST is 0.55%.

Enrollment Features

TMI 401(K) PROFIT SHARING TRUST has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.