Plan Snapshot
- Plan Sponsor: Transylvania Vocational Servic
- Sponsor EIN: 561261616
- Sponsor Address: 11 MOUNTAIN INDUSTRIAL DR, BREVARD, NC, 28712
- Plan Type: 401(k)
- Total Participants: 201
- Total Assets: $3.3M
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 | 201 | $3.3M | $242,174 | $406,814 |
| 2023 | 241 | $2.5M | $87,699 | $139,639 |
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 |
|---|---|---|---|---|
| PAYCHEX, INC. | Recordkeeper | $10,342 | — | $10,342 |
| OSAIC WEALTH, INC. | Investment Advisor | $5,046 | — | $5,046 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PAYCHEX, INC. — Recordkeeper
- OSAIC WEALTH, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,388
- Estimated Expense Ratio: 0.467% 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 | $19,854 | $5,046 | $14,808 | — | — |
| 2023 | $756 | — | $756 | — | — |