Plan Snapshot
- Plan Sponsor: Dana Transport INC.
- Sponsor EIN: 221968498
- Sponsor Address: 210 ESSEX AVENUE, AVENEL, NJ, 07001
- Plan Type: 401(k)
- Total Participants: 1,078
- Total Assets: $31.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 1,078 | $31.4M | $718,630 | $3.3M |
| 2023 | 814 | $26.9M | $591,246 | $2.9M |
| 2022 | 888 | $22.1M | $525,135 | $2.7M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $62,242 | — | $62,242 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $14,146 | — | $14,146 |
| TOPEL AND SILVER | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,388
- Estimated Expense Ratio: 0.243% 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 |
|---|---|---|---|---|---|
| 2024 | $76,388 | $14,146 | — | — | — |
| 2023 | $72,756 | $12,103 | — | — | — |
| 2022 | $58,751 | $11,075 | — | — | — |