Plan Snapshot
- Plan Sponsor: Taylor Truck Line INC.
- Sponsor EIN: 411646445
- Sponsor Address: 801 NORTH HIGHWAY 3, NORTHFIELD, MN, 550579401
- Plan Type: 401(k)
- Total Participants: 221
- Total Assets: $8.7M
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 | 221 | $8.7M | $102,932 | $606,571 |
| 2023 | 209 | $7.5M | $91,338 | $513,562 |
| 2022 | 209 | $6.1M | $95,209 | $517,517 |
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 |
|---|---|---|---|---|
| TRUST POINT INC. | NONE | $9,360 | — | $9,360 |
| LAWRENCE CUMPSTON & ASSOC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,360
- Estimated Expense Ratio: 0.107% 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 | $9,360 | $9,360 | — | — | — |
| 2023 | $7,347 | $7,347 | — | — | — |
| 2022 | $4,633 | — | — | — | $4,633 |