Plan Snapshot
- Plan Sponsor: Infinity Trans, INC.
- Sponsor EIN: 830373575
- Sponsor Address: 14 W HAWTHORNE AVENUE STE 100, VALLEY STREAM, NY, 11580
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 144
- Total Assets: $2.5M
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. |
|---|---|---|---|---|
| 2025 | 144 | $2.5M | $0 | $0 |
| 2024 | 128 | $2.0M | $187,217 | $344,262 |
| 2023 | 120 | $1.5M | $222,060 | $324,759 |
| 2022 | 90 | $771,266 | $139,483 | $230,359 |
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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | Investment Advisor | $10,372 | $319 | $10,691 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,691
- Estimated Expense Ratio: 0.422% 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 | $299,169 | $10,372 | — | — | — |
| 2024 | $12,561 | — | — | — | — |
| 2023 | $29,305 | — | — | — | — |
| 2022 | $5,563 | — | — | — | — |