Plan Ledger DOL Form 5500 · updated monthly

Transtar, LLC401(k)

TRANSTAR, LLC SAVINGS PLAN · MONROEVILLE, PA · plan year 2024

Reported admin expense ratio · 2024
0.55%

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

Transtar, LLC reported $220,339 in plan administrative expenses for 2024: 0.55% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,140 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 rose from 0.11% to 0.55%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other management of companies employers. By assets it is the 879th-largest of 3,651 plans among Pennsylvania employers on file, and the 302nd of 786 in management of companies. In 2024, employees put in $1.26 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$43,903,064
Participants with balances501
Active participants407
Employer contributions$1,684,905
Employee contributions$2,125,859
Employer contribution per active participant$4,140
Average account balance$87,631
Benefits paid to participants$2,805,732
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.9M · 501 accts · $1.7M emplr
2023$36.5M · 480 accts · $1.6M emplr
2022$29.2M · 458 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$70,957
Investment management$12,115
Audit (IQPA)$11,012
Total administrative$220,339
The Transtar, LLC 401(k) match · 2024
Employer contribution per active participant$4,140
Median for plans this size$2,416
2024$4,140 per active participant
2023$4,035 per active participant
2022$3,389 per active participant

Transtar, LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. 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 · 20244
SIDLEY AUSTIN LLP · Legal$126,256
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$70,957
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,115
SCHNEIDER DOWNS & CO., INC. · Accounting / audit$11,012

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

Administrative cost history3
2024$220,339 · 0.55%
2023$68,056 · 0.21%
2022$34,010 · 0.11%
Same employer
Similar plansManagement of Companies · Pennsylvania
Burnham Holdings, Inc. PA$67.0M · 0.12%
Pace Resources, Inc. PA$56.6M · 0.02%
Coadap LLC PA$47.0M · 0.04%
Penn Community Bank PA$43.5M · 0.36%
The Conti Group LLC PA$34.6M · 0.25%
Tioga Pipe ,Inc. PA$34.4M · 0.30%

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Source: U.S. Department of Labor, Form 5500 series, EIN 510313339 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.