Transport Leasing Company DBA Transystems Services 401(k) Review & Grade
Transystems Retirement Plan
Great Falls, MTTransportation & Warehousing732 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$482Employer $ per active participant
$912Employee $ saved per active participant
0.09%Direct admin cost, % of plan assets
$8.0MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity12.5 / 5025th percentile for employer $ per participant
- Low cost18.8 / 2575th percentile for low admin cost vs. same-size plans
- Employee saving1.8 / 1512th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score36 / 100 · Grade D
This plan vs. peers
Peers: Transportation & Warehousing plans with 500–2,499 active participants (392 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 25th |
| Lower admin cost | 75th |
| Employee saving | 12th |
| Peers that auto-enroll | 37% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Transport Leasing Company DBA Transystems Services put in about $482 per active participant, below the typical peer ($1,070). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $352,481 |
| Participant (employee) contributions | $666,997 |
| Other contributions (incl. rollovers in) | $5,017 |
| Administrative expenses paid from the plan | $7,026 |
| Contract administrator fees | $7,026 |
| Benefits paid out | $662,018 |
| Net assets, start / end of year | $6.8M / $8.0M |
| Active participants, start / end of year | 710 / 753 |
| Participants with account balances | 218 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Jccs, P.C. |
Largest service providers (Schedule C)
| Edward D Jones & Company | $18,526 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250812111944NAL0009796064001, received 2025-08-12, EIN 81-0359563, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.