Transit Employees Retirement Plan — Form 5500 plan (Pioneer Valley Transit Authority)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Transit Employees Retirement Plan is a benefit plan reported by Pioneer Valley Transit Authority under EIN 04-2562370 and plan number 003. The latest loaded filing year is 2023. The filing reports 254 participants and $24,820,224 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Pioneer Valley Transit Authority
- EIN
- 04-2562370
- Plan number
- 003
- Plan type
- 2
- Location
- Springfield, MA
- Latest filing year
- 2023
- Participants
- 254
- End-of-year plan assets
- $24,820,224
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 254 | H, C | 20250131095954NAL0004457458001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $24,820,224
- Total liabilities (EOY)
- $74,862
- Net assets (EOY)
- $24,745,362
- Net assets (BOY)
- $24,237,776
Income & contributions
- Employer contributions
- $239,400
- Total contributions
- $239,400
- Total income / additions
- $2,016,305
Expenses & distributions
- Benefits paid
- $1,302,133
- Administrative expenses
- $206,586
- Total expenses
- $1,508,719
- Net increase / (decrease)
- $507,586
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Boston Trust Company | NONE | $138,207 | not reported in the loaded dataset | 2023 |
| Meyers Brothers Kalicka, P.C. | NONE | $20,800 | not reported in the loaded dataset | 2023 |
| Odyssey Advisors | NONE | $15,500 | not reported in the loaded dataset | 2023 |