The Transit Group, Inc. Retirement Plan — Form 5500 plan (The Transit Group, Inc.)

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, The Transit Group, Inc. Retirement Plan is a benefit plan reported by The Transit Group, Inc. under EIN 61-1747043 and plan number 001. The latest loaded filing year is 2023. The filing reports 63 participants and $3,784,965 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.8MPlan net assets, end of year$3,784,965
Participants63Covered participants reported
Assets / participant$60.1KComputed: assets ÷ participants$60,079 (computed)
Provider compensationNone reported
Plan sponsor
The Transit Group, Inc.
EIN
61-1747043
Plan number
001
Plan type
2
Location
Jensen Beach, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202363I20241015141723NAL0014814691001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$3.8M total assets
Net assets$3.8MLiabilities
Money in vs. money out
Total income / additions-$2.2M
Total expenses$155.7K
Benefits paid / distributions$155.3K
Contributions
Employer$77.8K
Participant$145.4K
Full reported line items

Net assets

Total assets (EOY)
$3,784,965
Net assets (EOY)
$3,784,965
Net assets (BOY)
$6,140,544

Income & contributions

Employer contributions
$77,768
Participant contributions
$145,406
Total income / additions
-$2,199,845

Expenses & distributions

Benefits paid
$155,296
Administrative expenses
$438
Total expenses
$155,734
Net increase / (decrease)
-$2,355,579
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 35%Participant 65%
Total expenses ÷ net assets4%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages