Plan Snapshot
- Plan Sponsor: Transel Elevator & Electric, INC
- Sponsor EIN: 112995885
- Sponsor Address: 30-30 47TH AVE - STE # 610, LONG ISLAND CITY, NY, 11101
- Plan Type: 401(k)
- Total Participants: 85
- Total Assets: $13.0M
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 | 85 | $13.0M | $237,267 | $660,482 |
| 2023 | 79 | $11.9M | $277,650 | $682,832 |
| 2022 | 76 | $10.8M | $440,147 | $684,689 |
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 |
|---|---|---|---|---|
| GRASSI & CO CPAS PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRASSI & CO CPAS PC — 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 | $33,218 | $30,653 | — | — | — |
| 2023 | $29,711 | $27,154 | — | — | — |
| 2022 | $29,116 | — | — | — | — |