Plan Snapshot
- Plan Sponsor: Transtar Industries, LLC
- Sponsor EIN: 341160632
- Sponsor Address: 7350 YOUNG DR, CLEVELAND, OH, 441465357
- Plan Type: 401(k)
- Total Participants: 902
- Total Assets: $85.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 902 | $85.9M | $1.3M | $3.8M |
| 2023 | 981 | $80.7M | $1.2M | $3.8M |
| 2022 | 947 | $76.2M | $1.3M | $3.8M |
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 |
|---|---|---|---|---|
| CIUNI & PANICHI INC. | AUDITOR | $50,850 | — | $50,850 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $39,732 | — | $39,732 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $90,582
- Estimated Expense Ratio: 0.105% 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 | $90,582 | — | $600 | $50,850 | — |
| 2023 | $47,110 | — | — | $10,622 | — |
| 2022 | $26,503 | — | — | — | — |