Plan Snapshot
- Plan Sponsor: Asheville Transit Management, LLC
- Sponsor EIN: 822344007
- Sponsor Address: 360 WEST HAYWOOD STREET, ASHEVILLE, NC, 28801
- Plan Type: DC
- Plan Number: 010
- Total Participants: 80
- Total Assets: $3.2M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 80 | $3.2M | $242,636 | $248,978 |
| 2022 | 80 | $2.6M | $206,349 | $215,661 |
| 2020 | 89 | $2.4M | $187,970 | $202,720 |
| 2019 | 69 | $2.0M | $145,693 | $158,690 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| RESJ, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2023 | $64,173 | — | — | — | — |
| 2022 | $67,800 | — | — | — | — |
| 2020 | $344,733 | — | — | — | — |
| 2019 | $28,917 | — | — | — | — |