Plan Snapshot
- Plan Sponsor: Transervice Logistics, INC.
- Sponsor EIN: 113283281
- Sponsor Address: 5 DAKOTA DRIVE, LAKE SUCESS, NY, 11042
- Plan Type: 401(k)
- Total Participants: 314
- Total Assets: $11.3M
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 | 314 | $11.3M | $328,247 | $1.3M |
| 2023 | 313 | $9.6M | $298,989 | $1.0M |
| 2022 | 548 | $33.7M | $895,049 | $2.4M |
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 |
|---|---|---|---|---|
| WITHUM | ACCOUNTANT/AUDITOR | $29,188 | — | $29,188 |
| WITHUMSMITHBROWN, PC | Auditor | $29,188 | — | $29,188 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITHBROWN, PC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $58,376
- Estimated Expense Ratio: 0.518% 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 | $19,031 | $1,887 | — | $29,188 | — |
| 2023 | $25,331 | $2,446 | $300 | $16,640 | — |
| 2022 | $12,487 | $7,583 | — | — | — |