Plan Snapshot
- Plan Sponsor: Student Transportation Of America, INC.
- Sponsor EIN: 223512226
- Sponsor Address: 3349 HIGHWAY 138 BUILDING A, WALL, NJ, 077199671
- Plan Type: 401(k)
- Total Participants: 12,565
- Total Assets: $48.1M
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 | 12,565 | $48.1M | $1.5M | $5.7M |
| 2023 | 12,863 | $43.1M | $1.5M | $5.1M |
| 2022 | 13,647 | $36.3M | $1.3M | $4.7M |
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 | $217,131 | — | $217,131 |
| THE ANGELL PENSION GROUP INC | Other Service Provider | $78,560 | — | $78,560 |
| EQUITABLE ADVISORS LLC | Investment Advisor | — | $76,521 | $76,521 |
| CARON & BLETZER, PLLC | Other Service Provider | $16,500 | — | $16,500 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $15,431 | — | $15,431 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $404,143
- Estimated Expense Ratio: 0.840% 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 | $316,117 | — | — | — | — |
| 2023 | $205,744 | — | — | — | — |
| 2022 | $160,644 | — | — | — | — |