Plan Snapshot
- Plan Sponsor: Transpak, INC.
- Sponsor EIN: 941711977
- Sponsor Address: 520 NORTH MARBURG WAY, SAN JOSE, CA, 95133
- Plan Type: 401(k)
- Total Participants: 1,044
- Total Assets: $23.4M
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 | 1,044 | $23.4M | $1.3M | $2.7M |
| 2023 | 983 | $18.0M | $883,938 | $2.1M |
| 2022 | 936 | $13.9M | $810,867 | $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 |
|---|---|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISOR | $34,677 | — | $34,677 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $13,270 | — | $13,270 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $11,698 | — | $11,698 |
| KBF CPAS - AUDIT, LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $59,645
- Estimated Expense Ratio: 0.255% 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 | $59,645 | $46,375 | — | — | — |
| 2023 | $45,312 | $31,613 | — | — | — |
| 2022 | $24,040 | $13,711 | $10,329 | — | — |