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Original filing (PDF)20250710160209NAL0005697889001
TLC OPERATIONS, INC.
Form 5500
FILING_RECEIVED
TLC OPERATIONS, INC. RETIREMENT PLAN
403(b) retirement plan
Signals · 1
No recordkeeper disclosed
Active participants
163
Accounts w/ balance
107
Plan assets (EOY)
$3.1M
Net assets (EOY)
$3.1M
How this plan invests
This plan
18 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
95
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
100
Vendor stack
80
Participation health
80
Knocking points off
- No recordkeeper disclosed on Schedule C.
- 66% balance-to-active ratio — below typical for a healthy 401(k).
Helping the score
- Below-peer total fees (10 bps vs 52 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for TLC OPERATIONS, INC..
Plan sponsor
Name
TLC OPERATIONS, INC.
EIN
56-1949972
Address
739 CHAPPELL DRIVE · RALEIGH, NC · 276063215
Phone
(919) 832-3909
Industry
Other Services (ex. Public Admin)see all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-07-10
Pension benefit codes
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2L · 403(b)(1) annuity
2M · 403(b)(7) custodial accounts
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
ELLIOTT GROUP CPAS, PLLC
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
1 rowsTPA / Administrator
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | 42-0127290 | — | CONTRACT ADMINISTRATOR | $3K | — |
Investments
18 direct securities· $3.1M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| American Funds 2025 Target Date Retirement R3 | — | — | — | $600K | 19.5% | |
| American Funds 2045 Target Date Retirement R3 | — | — | — | $489K | 15.9% | |
| American Funds 2035 Target Date Retirement R3 | — | — | — | $455K | 14.8% | |
| American Funds 2040 Target Date Retirement R3 | — | — | — | $437K | 14.2% | |
| American Funds 2050 Target Date Retirement R3 | — | — | — | $417K | 13.6% | |
| American Funds 2030 Target Date Retirement R3 | — | — | — | $217K | 7.1% | |
| Dodge & Cox Income X Fund 45 American Funds 2010 Target Date Retirement R3 17 American Funds 2015 Target Date Retirement R3 | — | — | — | $90K | 2.9% | |
| Alliance Bernstein Large Cap Growth R | — | — | — | $89K | 2.9% | |
| American Funds 2055 Target Date Retirement R3 | — | — | — | $88K | 2.9% | |
| Principal Global Investors LargeCap S&P 500 Index R3 | — | — | — | $76K | 2.5% | |
| 9.50% | — | — | — | $63K | 2.0% | |
| Principal Global Investors SmallCap S&P 600 Index R3 | — | — | — | $21K | 0.7% | |
| Party in- Identity of issuer, borrower, maturity date, rate of interest, (d) Current interest lessor, or similar party collateral, par or maturity value Cost** Value Guaranteed interest contract- * Principal Life Insurance Company Fixed Income Guaranteed Option | — | — | — | $11K | 0.3% | |
| Principal Global Investors MidCap S&P 400 Index R3 | — | — | — | $5K | 0.2% | |
| American Funds 2060 Target Date Retirement R3 | — | — | — | $5K | 0.2% | |
| American Funds 2020 Target Date Retirement R3 | — | — | — | $4K | 0.1% | |
| American Funds 2065 Target Date Retirement R3 | — | — | — | $3K | <0.1% | |
| American Funds New World R3 | — | — | — | $2K | <0.1% |
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