Plan Snapshot
- Plan Sponsor: Truvista Communications, INC.
- Sponsor EIN: 571011055
- Sponsor Address: 112 YORK STREET, CHESTER, SC, 29706
- Plan Type: 401(k)
- Total Participants: 273
- Total Assets: $30.8M
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 | 273 | $30.8M | $814,063 | $1.1M |
| 2023 | 277 | $25.3M | $714,112 | $1.0M |
| 2022 | 187 | $18.7M | $510,559 | $729,774 |
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 | $99,665 | — | $99,665 |
| WELLS FARGO ADVISORS FIN NETWORK | OTHER SERVICES | — | $23,827 | $23,827 |
| WELLS FARGO ADVISORS INS AGENCY LLC | OTHER SERVICES | — | $16,334 | $16,334 |
| BAUKNIGHT, PIETRAS, & STORMER, P.A. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAUKNIGHT, PIETRAS, & STORMER, P.A. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $139,826
- Estimated Expense Ratio: 0.454% 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 | $99,665 | — | $99,665 | — | — |
| 2023 | $79,115 | — | $79,115 | — | — |
| 2022 | $67,938 | — | $67,938 | — | — |