Retirement plan

TRANSDEV NORTH AMERICA, INC. 401K PLAN FOR NON-COLLECTIVELY BARGAINED EMPLOYEES

Name: TRANSDEV NORTH AMERICA, INC. - TRANSDEV NORTH AMERICA, INC. 401K PLAN FOR NON-COLLECTIVELY BARGAINED EMPLOYEES (2022) Form 5500
Creator: TRANSDEV NORTH AMERICA, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRANSDEV NORTH AMERICA, INC. 401K PLAN FOR NON-COLLECTIVELY BARGAINED EMPLOYEES, TRANSDEV NORTH AMERICA, INC.

TRANSDEV NORTH AMERICA, INC.EIN 51-0387033Plan #001PY 2022

720 E BUTTERFIELD ROAD, SUITE 300 - LOMBARD, IL 60148630-571-7070transdevna.comLinkedIn10001+ employeestransportation/trucking/railroad

Other plans on this EIN

2 filings

#003Retirement-$114.0M assets #009Retirement-$47.2M assets

Prospect flagsLow returnsLow participationCorrective distributions

How to read this page

Total assets (EOY)

$81.8M

-10.6% from 2016

Total participants

4,508

-11.8% from 2016

Average account balance

$31,452

-17.6% from 2016

Annual return

-19.24%

-6.52 pp from 2016

Benchmarks

See 254 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants1,000-4,999

Cohort254 peers

Snapshot2022

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$152.47M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$39K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

3,937

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

40.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$22.45M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.46%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$55

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL7 years Service code 37 · EIN 04-2647786	Loan Processing	$100,807
AON CONSULTING2 years Filed as: AON INVESTMENTS USA INC Service code 27 · EIN 36-3109431	Advisory (Plan)	$38,250
MILLER COOPER & CO LTD5 years Filed as: MILLER COOPER & CO., LTD Service code 10 · EIN 36-2897372	Accounting	$17,100
CBIZ RETIREMENT PLAN SERVICES1 year Filed as: CBIZ INVESTMENT ADVISORY SERVICES, Service code 27 · EIN 81-3968784	Advisory (Plan)	$5,000

Plan features & details

Pension benefit codes2E2F2G2J2K2S2T3F

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$166K

$44 / participant

Investment mgmt$5K2.9%
Other / not subdivided$161K97.1%

% of EOY assets

0.203%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MILLER COOPER & CO, LTD
Auditor EIN: 362897372
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$31,452

$63,321-50.3%

$68,815-54.3%

$77,906-59.6%

Participation rate

48.9%

71.1%-22.2pp

69.0%-20.1pp

73.7%-24.8pp

Annual return

-19.24%

-6.50%-12.7pp

-6.37%-12.9pp

12.16%-31.4pp

Employer contribution / active EE

$875

$2,794-68.7%

$2,656-67.1%

$2,846-69.3%

Participant deferral / active EE

$2,772

$4,029-31.2%

$3,943-29.7%

$4,805-42.3%

Admin fee / account holder

$64

$104-38.8%

$4,936-98.7%

$133-51.9%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL7 years

Service code 37 · EIN 04-2647786

Loan Processing

$100,807

AON CONSULTING2 years

Filed as: AON INVESTMENTS USA INC

Service code 27 · EIN 36-3109431

Advisory (Plan)

$38,250

MILLER COOPER & CO LTD5 years

Filed as: MILLER COOPER & CO., LTD

Service code 10 · EIN 36-2897372

Accounting

$17,100

CBIZ RETIREMENT PLAN SERVICES1 year

Filed as: CBIZ INVESTMENT ADVISORY SERVICES,

Service code 27 · EIN 81-3968784

Advisory (Plan)

$5,000

TRANSDEV NORTH AMERICA, INC. 401K PLAN FOR NON-COLLECTIVELY BARGAINED EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRANSDEV NORTH AMERICA, INC. 401K PLAN FOR NON-COLLECTIVELY BARGAINED EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion