Plan Snapshot
- Plan Sponsor: Pegasus Transtech, LLC
- Sponsor EIN: 901018808
- Sponsor Address: 324 POTTS ST, PHILADELPHIA, PA, 191232900
- Plan Type: 401(k)
- Total Participants: 187
- Total Assets: $6.6M
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 | 187 | $6.6M | $293,101 | $1.0M |
| 2023 | 229 | $5.1M | $247,726 | $785,995 |
| 2022 | 213 | $4.3M | $230,519 | $805,741 |
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 |
|---|---|---|---|---|
| TOWERS WATSON INVESTMENT SERVICES, | Investment Advisor | — | $13,587 | $13,587 |
| PRINCIPAL LIFE INSURANCE COMPANY | Recordkeeper | $7,666 | — | $7,666 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $21,253
- Estimated Expense Ratio: 0.323% 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 | $7,666 | — | $7,666 | — | — |
| 2023 | $6,713 | — | $6,713 | — | — |
| 2022 | $11,224 | — | $11,224 | — | — |