Plan Snapshot
- Plan Sponsor: Transitions Healthcare, LLC
- Sponsor EIN: 264551407
- Sponsor Address: 531 OLD WESTMINSTER PIKE SUITE 206, WESTMINSTER, MD, 21157
- Plan Type: 401(k)
- Total Participants: 286
- Total Assets: $1.4M
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 | 286 | $1.4M | $0 | $120,768 |
| 2023 | 174 | $1.1M | $0 | $99,293 |
| 2022 | 159 | $848,810 | $0 | $116,566 |
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 |
|---|---|---|---|---|
| SOLOMON AND NISLOW, P.A. | Auditor | — | — | $0 |
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 | $12,188 | $8,756 | — | — | — |
| 2023 | $4,402 | $1,744 | — | — | — |
| 2022 | $2,524 | — | $2,524 | — | — |