Plan Snapshot
- Plan Sponsor: Trinity Transport, INC.
- Sponsor EIN: 561354086
- Sponsor Address: PO BOX 949, LEXINGTON, NC, 27293
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 63
- Total Assets: $771,416
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 | 63 | $771,416 | $220,490 | $75,804 |
| 2023 | 62 | $525,668 | $0 | $60,343 |
| 2022 | 47 | $427,498 | $200,822 | $47,861 |
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 |
|---|---|---|---|---|
| ASCENSUS | Recordkeeper | $17,625 | — | $17,625 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $17,625
- Estimated Expense Ratio: 2.285% 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 | $15,010 | — | $15,010 | — | — |
| 2023 | $50,551 | — | — | — | — |
| 2022 | $63,749 | — | — | — | — |