Plan Snapshot
- Plan Sponsor: Transport Designs, INC.
- Sponsor EIN: 411515514
- Sponsor Address: 3451 W BURNSVILLE PKWY, BURNSVILLE, MN, 55337
- Plan Type: 401(k)
- Total Participants: 189
- Total Assets: $6.5M
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. |
|---|---|---|---|---|
| 2023 | 189 | $6.5M | $37,695 | $364,811 |
| 2022 | 171 | $7.7M | $39,977 | $257,965 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $68,476 | — | $68,476 |
| NORTHWESTERN MUTUAL INVESTMENT SERV | OTHER SERVICES | — | $42,200 | $42,200 |
| JOHNSON & COMPANY | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NORTHWESTERN MUTUAL INVESTMENT SERV — OTHER SERVICES
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $110,676
- Estimated Expense Ratio: 1.697% 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 |
|---|---|---|---|---|---|
| 2023 | $34,238 | — | $34,238 | — | — |
| 2022 | $23,146 | — | $23,146 | — | — |