Transit Wireless, LLC 401(K) Profit Sharing Plan — Form 5500 plan (Transit Wireless, LLC)
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 Wireless, LLC 401(K) Profit Sharing Plan is a benefit plan reported by Transit Wireless, LLC under EIN 84-1670945 and plan number 001. The latest loaded filing year is 2023. The filing reports 157 participants and $8,193,899 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$8.2MPlan net assets, end of year$8,193,899
Participants157Covered participants reported
Assets / participant$52.2KComputed: assets ÷ participants$52,190 (computed)
Provider compensation$55.7K2 Schedule C provider row(s)$55,694
- Plan sponsor
- Transit Wireless, LLC
- EIN
- 84-1670945
- Plan number
- 001
- Plan type
- 2
- Location
- New York, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 157 | H, C | 20250205173413NAL0005064915001 |
Schedule H · 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)$8.2M total assets
Net assets$8.2MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $8,193,899
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,193,899
- Net assets (BOY)
- $5,750,766
Income & contributions
- Employer contributions
- $652,618
- Participant contributions
- $1,348,034
- Total contributions
- $2,205,850
- Total income / additions
- $3,437,247
Expenses & distributions
- Benefits paid
- $939,948
- Administrative expenses
- $3,495
- Total expenses
- $994,114
- Net increase / (decrease)
- $2,443,133
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.
33%67%
Employer 33%Participant 67%
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income27%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Bouchy Financial Group Ltd | SERVICE PROVIDER | $0 | $52,426 | 2023 |
| Northeast Professional Planning Grp | TPA | $0 | $3,268 | 2023 |