Transtecs CorporationMoney purchase plan
TRANSTECS CORPORATION EMPLOYEES MONEY PURCHASE PENSION PLAN · WICHITA, KS · plan year 2024
Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works
Transtecs Corporation reported $40,635 in plan administrative expenses for 2024: 0.71% of average plan assets, above the peer median. Employer contributions averaged $1,465 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 0.41% to 0.71%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Kansas (617th of 828), and 1,331st of 2,534 in administrative & support services. active participation has grown from 98 to 134 since 2022.
Transtecs Corporation's 2024 employer contribution ran above 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 592873066 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.