Plan Snapshot
- Plan Sponsor: Tranco Logistics, LLC
- Sponsor EIN: 621617583
- Sponsor Address: 5901 SHALLOWFORD ROAD, SUITE 104, CHATTANOOGA, TN, 37421
- Plan Type: 401(k)
- Total Participants: 225
- Total Assets: $1.7M
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 | 225 | $1.7M | $88,883 | $245,453 |
| 2023 | 265 | $1.7M | $112,405 | $281,675 |
| 2022 | 231 | $1.3M | $125,194 | $383,516 |
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 |
|---|---|---|---|---|
| HENDERSON HUTCHERSON & MCCULLOUGH | 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 | $23,860 | $7,777 | $16,083 | — | — |
| 2023 | $32,727 | $7,001 | $15,726 | $10,000 | — |
| 2022 | $23,845 | — | $23,845 | — | — |