Plan Snapshot
- Plan Sponsor: Waco Transit Systems, INC.
- Sponsor EIN: 741878112
- Sponsor Address: 300 THROCKMORTON STREET STE 670, FORT WORTH, TX, 76102
- Plan Type: 401(k)
- Total Participants: 128
- Total Assets: $2.0M
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 | 128 | $2.0M | $147,633 | $106,873 |
| 2023 | 127 | $1.8M | $134,068 | $91,877 |
| 2022 | 97 | $1.7M | $152,510 | $91,411 |
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 |
|---|---|---|---|---|
| BAKER TILLY US LLP | Auditor | $43,698 | — | $43,698 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $43,698
- Estimated Expense Ratio: 2.142% 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 | $57,425 | $2,597 | — | $43,698 | — |
| 2023 | $20,091 | $2,427 | $7,426 | $10,238 | — |
| 2022 | $20,468 | $2,393 | $9,187 | — | $8,663 |