Plan Snapshot
- Plan Sponsor: Trans-Matic Mfg. Co., INC.
- Sponsor EIN: 381870157
- Sponsor Address: 300 E. 48TH ST, HOLLAND, MI, 494235301
- Plan Type: 401(k)
- Total Participants: 235
- Total Assets: $45.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 235 | $45.0M | $789,448 | $1.7M |
| 2023 | 231 | $42.2M | $774,470 | $1.6M |
| 2022 | 230 | $35.9M | $753,414 | $1.6M |
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 |
|---|---|---|---|---|
| DOEREN MAYHEW ASSURANCE | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DOEREN MAYHEW ASSURANCE — Auditor
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 | $107,391 | $39,014 | $8,801 | — | — |
| 2023 | $96,423 | $37,205 | — | — | — |
| 2022 | $142,049 | $112,082 | $18,967 | — | $11,000 |