Plan Snapshot
- Plan Sponsor: Bulk Transit Corporation
- Sponsor EIN: 311314380
- Sponsor Address: 7177 INDUSTRIAL PKWY, PLAIN CITY, OH, 430648728
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 216
- Total Assets: $8.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 216 | $8.9M | $0 | $0 |
| 2024 | 197 | $7.7M | $270,542 | $555,629 |
| 2023 | 191 | $7.8M | $259,183 | $544,378 |
| 2022 | 171 | $6.7M | $258,007 | $510,791 |
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 |
|---|---|---|---|---|
| THE SIEKMANN COMPANY | Other Service Provider | $19,922 | — | $19,922 |
| PW PARTNERS, LLC | Auditor | $6,650 | — | $6,650 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $26,572
- Estimated Expense Ratio: 0.300% of plan assets
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 |
|---|---|---|---|---|---|
| 2025 | $792,021 | $17,436 | $32,794 | — | — |
| 2024 | $51,134 | $11,665 | $30,239 | $6,650 | — |
| 2023 | $55,080 | $17,366 | $28,694 | $6,400 | — |
| 2022 | $43,293 | $16,836 | $1,680 | — | $24,777 |