Plan Ledger DOL Form 5500 · updated monthly

Transit-Technologies, LLC401(k)

TRANSIT-TECHNOLOGIES, LLC 401(K) PLAN · KNOXVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.74%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Transit-Technologies, LLC reported $42,457 in plan administrative expenses for 2024: 0.74% of average plan assets, above the peer median. Employer contributions averaged $871 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.85% to 0.74%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Tennessee (950th of 1,496), and 8,976th of 11,654 in professional & technical services. In 2024, employees put in $4.79 for every $1.00 the employer contributed; active participation has grown from 180 to 333 since 2022.

Plan summary
Net assets, end of year$7,224,263
Participants with balances242
Active participants333
Employer contributions$289,886
Employee contributions$1,388,237
Employer contribution per active participant$871
Average account balance$29,852
Benefits paid to participants$303,123
Plan auditUnmodified (clean) audit opinion
AuditorPUGH& COMPANY
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 242 accts · $290K emplr
2023$4.2M · 112 accts
2022$3.0M · 110 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,457
Total administrative$42,457
The Transit-Technologies, LLC 401(k) match · 2024
Employer contribution per active participant$871
Median for plans this size$1,313

Transit-Technologies, LLC's 2024 employer contribution ran below the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
TRANSAMERICA RETIREMENT SOLUTIONS, · Recordkeeping · Loan processing$27,970
ERISA SERVICES. INC · Recordkeeping · Loan processing$1,500
SAGEVIEW ADVISORY GROUP, LLC · Investment advisory (plan)$12,987

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ERISA SERVICES. INC, Transamerica
2023ERISA SERVICES. INC, Transamerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$42,457 · 0.74%
2023$27,180 · 0.76%
2022$22,208 · 0.85%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 833879621 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.