Plan Snapshot
- Plan Sponsor: We Transport, INC.
- Sponsor EIN: 112017935
- Sponsor Address: 75 COMMERCIAL ST, PLAINVIEW, NY, 11803
- Plan Type: 401(k)
- Total Participants: 2,979
- Total Assets: $21.6M
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 | 2,979 | $21.6M | $1.3M | $2.5M |
| 2023 | 2,979 | $18.9M | $1.2M | $2.3M |
| 2022 | 1,942 | $16.6M | $1.1M | $2.3M |
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 |
|---|---|---|---|---|
| PENTEGRA SERVICES INC | CONTRACT ADMIN | $67,223 | — | $67,223 |
| EMPOWER LIFE & ANNUITY INSURANCE | RECORDKEEPER | $59,290 | — | $59,290 |
| CREATIVE PLANNING, INC. | OTHER | $19,278 | — | $19,278 |
| MEADEN & MOORE, LTD. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CREATIVE PLANNING, INC. — OTHER
- MEADEN & MOORE, LTD. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $145,791
- Estimated Expense Ratio: 0.675% 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 | $105,235 | — | — | — | — |
| 2023 | $80,504 | — | $80,504 | — | — |
| 2022 | $98,420 | $15,383 | $83,037 | — | — |