Plan Snapshot
- Plan Sponsor: Davidson Transit Organization
- Sponsor EIN: 621516937
- Sponsor Address: 130 NESTOR STREET, NASHVILLE, TN, 37210
- Plan Type: 401(k)
- Plan Number: 101
- Total Participants: 968
- Total Assets: $4.1M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 968 | $4.1M | $0 | $0 |
| 2024 | 788 | $3.3M | $0 | $476,246 |
| 2023 | 888 | $2.8M | $0 | $428,301 |
| 2022 | 770 | $2.3M | $0 | $406,026 |
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 |
|---|---|---|---|---|
| TRANSAMERICA LIFE INSURANCE COMPANY | Other Service Provider | $31,881 | — | $31,881 |
| ADMIN. GROUP, LLC DBA TAG RESOURCES | Other Service Provider | $20,692 | — | $20,692 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $52,573
- Estimated Expense Ratio: 1.289% 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 | $687,192 | — | — | — | — |
| 2024 | $42,251 | — | — | — | — |
| 2023 | $37,009 | — | $14,885 | — | — |
| 2022 | $34,555 | — | $34,555 | — | — |