Plan Snapshot
- Plan Sponsor: Ward Transport & Logistics Corp.
- Sponsor EIN: 231299361
- Sponsor Address: 1436 WARD TRUCKING DRIVE, ALTOONA, PA, 16602
- Plan Type: 401(k)
- Total Participants: 1,600
- Total Assets: $87.6M
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 | 1,600 | $87.6M | $2.5M | $8.3M |
| 2023 | 1,568 | $78.8M | $2.5M | $7.8M |
| 2022 | 1,453 | $65.5M | $2.5M | $7.4M |
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 |
|---|---|---|---|---|
| YOUNG OAKES BROWN AND COMPANY | Auditor | — | — | $0 |
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 | $289,850 | $79,942 | $209,908 | — | — |
| 2023 | $257,080 | $78,796 | $178,284 | — | — |
| 2022 | $102,549 | $3,470 | $99,079 | — | — |