Plan Snapshot
- Plan Sponsor: Tranzact Technologies, INC.
- Sponsor EIN: 341545649
- Sponsor Address: 360 WEST BUTTERFIELD ROAD, ELMHURST, IL, 60126
- Plan Type: 401(k)
- Total Participants: 102
- Total Assets: $7.4M
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 | 102 | $7.4M | $62,531 | $458,461 |
| 2023 | 105 | $6.3M | $37,743 | $436,928 |
| 2022 | 105 | $5.2M | $52,856 | $395,322 |
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 |
|---|---|---|---|---|
| AYOTTE DECKER LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AYOTTE DECKER LLC — Auditor
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 | $1,600 | — | $1,550 | — | — |
| 2023 | $12,100 | — | $1,600 | $10,500 | — |
| 2022 | $1,675 | — | — | — | $1,675 |