Plan Snapshot
- Plan Sponsor: Jrayl Transport INC.
- Sponsor EIN: 311206094
- Sponsor Address: 1016 TRIPLETT BLVD, AKRON, OH, 443063007
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 303
- Total Assets: $11.2M
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 | 303 | $11.2M | $0 | $0 |
| 2024 | 277 | $9.9M | $180,985 | $620,049 |
| 2023 | 414 | $9.0M | $201,823 | $657,960 |
| 2022 | 315 | $7.2M | $214,888 | $641,712 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $60,900 | — | $60,900 |
| BLUEPRINT FINANCIAL | Investment Advisor | — | $25,000 | $25,000 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $85,900
- Estimated Expense Ratio: 0.766% 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 | $1,013,715 | — | $60,901 | — | — |
| 2024 | $63,402 | — | $63,402 | — | — |
| 2023 | $61,998 | — | $61,998 | — | — |
| 2022 | $36,011 | — | $36,011 | — | — |