Plan Snapshot
- Plan Sponsor: Trans/Air Manufacturing Corporation
- Sponsor EIN: 232201348
- Sponsor Address: 480 EAST LOCUST STREET, DALLASTOWN, PA, 17313
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 116
- Total Assets: $459,495
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 116 | $459,495 | $1.6M | $152,234 |
| 2023 | 117 | $479,943 | $910,178 | $605,800 |
| 2022 | 88 | $257,033 | $1.0M | $107,634 |
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 |
|---|---|---|---|---|
| SILBERSTEIN INSURANCE GROUP (ALERA | Investment Advisor | $36,746 | — | $36,746 |
| THE BENECON GROUP | Investment Advisor | $28,872 | — | $28,872 |
| FNL INSURANCE GROUP (FRANK N. LOTMA | Investment Advisor | $18,430 | — | $18,430 |
| CONNECTCARE3 | Other Service Provider | $7,854 | — | $7,854 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $91,902
- Estimated Expense Ratio: 20.001% 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 | $1,781,451 | — | — | — | — |
| 2023 | $1,355,895 | — | — | — | — |
| 2022 | $1,219,052 | — | — | — | — |