Plan Snapshot
- Plan Sponsor: Modern Transportation Services, INC.
- Sponsor EIN: 251544945
- Sponsor Address: 1050 STATION STREET, CORAOPOLIS, PA, 15108
- Plan Type: 401(k)
- Total Participants: 436
- Total Assets: $6.5M
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. |
|---|---|---|---|---|
| 2024 | 436 | $6.5M | $345,380 | $694,083 |
| 2023 | 387 | $5.4M | $335,578 | $620,965 |
| 2022 | 375 | $5.0M | $294,864 | $587,462 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $15,196 | — | $15,196 |
| GLOBAL RETIREMENT PARTNERS LLC | INVESTMENT ADVISOR | $14,143 | — | $14,143 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MANAGER | $6,331 | — | $6,331 |
| GROSSMAN YANAK & FORD LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GROSSMAN YANAK & FORD LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $35,670
- Estimated Expense Ratio: 0.546% 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 | $42,576 | — | — | — | — |
| 2023 | $38,802 | — | — | — | — |
| 2022 | $31,262 | — | — | — | $31,262 |