Plan Snapshot
- Plan Sponsor: Montgomery Transport, LLC
- Sponsor EIN: 451743971
- Sponsor Address: 2563 COMMERCE CIRCLE, BIRMINGHAM, AL, 35217
- Plan Type: 401(k)
- Total Participants: 599
- Total Assets: $8.1M
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 | 599 | $8.1M | $518,676 | $962,135 |
| 2023 | 597 | $7.0M | $558,532 | $1.0M |
| 2022 | 544 | $5.9M | $572,907 | $1.0M |
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 |
|---|---|---|---|---|
| THE HIGHLANDS ACCOUNTING GROUP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $90,658 | $46,097 | — | — | — |
| 2023 | $77,174 | $41,216 | — | — | — |
| 2022 | $89,021 | $59,152 | $29,869 | — | — |