Plan Snapshot
- Plan Sponsor: Transervice Logistics, INC.
- Sponsor EIN: 113283281
- Sponsor Address: 5 DAKOTA DRIVE SUITE 209, NEW HYDE PARK, NC, 11042
- Plan Type: 401(k)
- Total Participants: 368
- Total Assets: $27.9M
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 | 368 | $27.9M | $649,118 | $1.5M |
| 2023 | 435 | $26.9M | $0 | $1.5M |
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 | $22,087 | — | $22,087 |
| WITHUMSMITHBROWN PC | Auditor | $22,087 | — | $22,087 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $19,770 | — | $19,770 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WITHUMSMITHBROWN PC — Auditor
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $63,944
- Estimated Expense Ratio: 0.229% 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 | $41,857 | — | $1,200 | $22,087 | — |
| 2023 | $34,288 | — | — | $19,000 | — |