Plan Snapshot
- Plan Sponsor: Patson, INC. Dba Transchicago
- Sponsor EIN: 363198663
- Sponsor Address: 776 N YORK, ELMHURST, IL, 60126
- Plan Type: 401(k)
- Total Participants: 380
- Total Assets: $17.6M
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 | 380 | $17.6M | $312,087 | $1.9M |
| 2023 | 387 | $14.9M | $738,112 | $1.7M |
| 2022 | 361 | $12.1M | $458,500 | $1.5M |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $66,028 | — | $66,028 |
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $45,344 | $422 | $45,766 |
| CLIFTONLARSONALLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $111,794
- Estimated Expense Ratio: 0.637% 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 | $111,373 | $49,927 | — | — | — |
| 2023 | $93,038 | $41,411 | — | — | — |
| 2022 | $79,233 | — | — | — | — |