Tm Pay, Inc. 401(K) Plan — Form 5500 plan (Tm Pay, Inc.)

Plain-English plan 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, Tm Pay, Inc. 401(K) Plan is a benefit plan reported by Tm Pay, Inc. under EIN 85-3949163 and plan number 001. The latest loaded filing year is 2023. The filing reports 417 participants and $20,766,068 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Tm Pay, Inc.
EIN
85-3949163
Plan number
001
Plan type
2
Location
Independence, MO
Latest filing year
2023
Participants
417
End-of-year plan assets
$20,766,068

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023417H, C20240816145154NAL0024806656001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$20,766,068
Total liabilities (EOY)
$100
Net assets (EOY)
$20,765,968
Net assets (BOY)
$16,776,090

Income & contributions

Employer contributions
$635,618
Participant contributions
$1,145,867
Total contributions
$1,781,592
Total income / additions
$4,806,541

Expenses & distributions

Benefits paid
$740,533
Administrative expenses
$76,130
Total expenses
$816,663
Net increase / (decrease)
$3,989,878

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
North American Ktrade Alliance, LLCRECORDKEEPER$35,795not reported in the loaded dataset2023
Modern Wealth HoldingsBROKER$14,088not reported in the loaded dataset2023
Demars Pension ConsultingTPA$13,163not reported in the loaded dataset2023
Bfg Management ServicesBROKER$12,984not reported in the loaded dataset2023
Matrix Trust CompanyCUSTODIAN$0$1232023

Related Form 5500 pages