Plan Snapshot
- Plan Sponsor: Materials Transportation Company
- Sponsor EIN: 741310809
- Sponsor Address: 1408 COMMERCE DR, TEMPLE, TX, 765045134
- Plan Type: 401(k)
- Total Participants: 123
- Total Assets: $6.4M
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 | 123 | $6.4M | $143,804 | $452,153 |
| 2023 | 129 | $5.6M | $141,373 | $439,373 |
| 2022 | 136 | $4.7M | $130,586 | $439,299 |
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 |
|---|---|---|---|---|
| RESOURCE BENEFITS ADMINISTRATORS | CONTRACT ADMIN | $16,820 | — | $16,820 |
| BROCKWAY GERSBACH FRANKLIN & NIEMEI | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,820
- Estimated Expense Ratio: 0.264% 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 | $15,022 | — | — | — | — |
| 2023 | $1,513 | — | — | — | — |
| 2022 | $1,700 | — | — | — | $1,700 |