Plan Snapshot
- Plan Sponsor: Truck-Lite Co., LLC
- Sponsor EIN: 274034515
- Sponsor Address: 5340 FRYLING RD STE 300, ERIE, PA, 16510
- Plan Type: 401(k)
- Total Participants: 677
- Total Assets: $69.7M
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 | 677 | $69.7M | $1.5M | $3.8M |
| 2023 | 720 | $60.9M | $1.5M | $3.5M |
| 2022 | 699 | $52.5M | $1.4M | $3.1M |
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 | $120,804 | — | $120,804 |
| MMA SECURITIES LLC | INVESTMENT ADVISORY | $44,760 | $18 | $44,778 |
| PLANTE & MORAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MMA SECURITIES LLC — INVESTMENT ADVISORY
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $165,582
- Estimated Expense Ratio: 0.238% 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 | $156,189 | $44,760 | $111,429 | — | — |
| 2023 | $134,335 | $38,036 | $96,299 | — | — |
| 2022 | $144,267 | $39,085 | $105,182 | — | — |