401(k)
2023 plan-year 401(k) DOL Form 5500

Timmons Group, Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Timmons Group, Inc. · Virginia · Professional & Technical Services

What the 2023 filing shows

Timmons Group, Inc. 401(k) Plan holds $113M for 854 participants — about $132,085 per participant, up 29.8% over the 2023 plan year.

$113M
total plan assets (2023 EOY)
854
covered participants
$132,085
avg assets per participant
+29.8%
assets growth YoY
Total Assets (2023)
$113M
Participants
854
State
Industry
Professional & Technical Services

What the Filing Says About Timmons Group, Inc. 401(k) Plan

Timmons Group, Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Timmons Group, Inc., headquartered in Virginia. As of the 2023 Form 5500 filing, the plan reports $113M in total end-of-year assets and covers 854 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 541301413, and the plan has been effective since 1990-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $87M at the beginning of 2023 to $113M at year-end — a gain of 29.8%. Net assets (after liabilities) closed the year at $113M, with reported net income of $26M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$87M
Total Assets (End of Year)$113M
Net Assets (End of Year)$113M
Net Income$26M
Plan Type401(k)
Employer EIN541301413
Plan Effective Date1990-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Timmons Group, Inc.)

Year Plans Participants Total Assets
2022 1 798 $87M
2023 1 854 $113M
2024 1 989 $138M

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Frequently Asked Questions

How much money is in the Timmons Group, Inc. 401(k) Plan?
As of the 2023 Form 5500 filing, Timmons Group, Inc. 401(k) Plan holds $113M in total assets with 854 participants. It is sponsored by Timmons Group, Inc..
What type of plan is Timmons Group, Inc. 401(k) Plan?
Timmons Group, Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1990-07-01. The plan is filed with the U.S. Department of Labor under EIN 541301413.
Who sponsors the Timmons Group, Inc. 401(k) Plan?
Timmons Group, Inc. 401(k) Plan is sponsored by Timmons Group, Inc., located in Virginia. The sponsor's EIN is 541301413 and the plan operates in the Professional & Technical Services industry.
How did Timmons Group, Inc. 401(k) Plan perform in 2023?
Timmons Group, Inc. 401(k) Plan grew by 29.8% during 2023, moving from $87M to $113M in total assets. Net income was $26M.
Where can I find official filings for Timmons Group, Inc. 401(k) Plan?
Official Form 5500 filings for Timmons Group, Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 541301413 or plan name at efast.dol.gov.
How does Timmons Group, Inc. 401(k) Plan compare to other plans?
You can compare Timmons Group, Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 541301413.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.