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Form 5500 · Retirement plan · BURNSVILLE, MN

TRANSPORT DESIGNS, INC.

The filing calls this plan TRANSPORT DESIGNS, INC. 401(K) PLAN.

TRANSPORT DESIGNS, INC. of BURNSVILLE, MN's retirement plan holds 2 insurance-company contracts (annuities or guaranteed-interest accounts), disclosed on Schedule A of its Form 5500. These are investment and funding contracts, not group health or welfare coverage. No medical, dental or life benefit is reported on this filing.

Agent of record (Schedule A)
Contract year ends
Decemberas filed for plan year 2023

Sourced from U.S. DOL EFAST2 Form 5500 · EIN 41-1515514 · plan 001 · plan year 2023, filed Oct 11, 2024

Participants at the start of the year
253
Contracts on file
2
Contract value
$235,952
Plan year end
December

Plan brief

Schedule A lists 2 insurance contracts held by the plan — annuities, guaranteed-interest accounts or similar funding vehicles, all with PRINCIPAL LIFE INSURANCE COMPANY.

The contracts held $235,952 at the end of the plan year, as reported on Schedule A.

$619 in agent commissions is disclosed across the contracts; NORTHWESTERN MUTUAL INVESTMENT SERV is the agent of record.

A Schedule A is filed for a retirement plan when plan assets sit in an insurance company contract. It reports the contract's balances and any agent commission. It does not report a health, dental or life premium, and it does not give a group renewal date.

The contract year ended in December.

Schedule A insurance contracts

CarrierContract typeCoveredYear endsContract valueCommission
PRINCIPAL LIFE INSURANCE COMPANYAnnuity / GIC413December$209,685$557
PRINCIPAL LIFE INSURANCE COMPANYAnnuity / GIC413December$26,267$62

Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.

See the filing at the Department of Labor

Administrator and service providers

Plan administrator on the filing
TRANSPORT DESIGNS, INC.
EIN 41-1515514
PRINCIPAL LIFE INSURANCE COMPANY
Contract administrator · EIN 42-0127290
$34,238
paid directly by the plan
WILSHIRE ADVISORS LLC
INVESTMENT ADVISORY · EIN 95-2755361
$0
paid directly by the plan
NORTHWESTERN MUTUAL INVESTMENT SERV
OTHER SERVICES · EIN 52-2114207
—
paid directly by the plan

The plan administrator is from line 3a of the main form. The service providers are named on Schedule C of this filing. We publish company names only.

What the plan holds

Plan assets at year end
$6,522,272
Paid out in benefits
$3,514,932
Participants at the start of the year
253
Participants with account balances
125

Sourced from U.S. DOL EFAST2 Form 5500 · Schedule H

Who runs the plan

Independent accountantEIN 41-1437543
JOHNSON & COMPANY
Accountant's opinion (Schedule H, line 3a)
Unmodified

From Schedule H of this filing.

We can name the recordkeeper and the auditor for large plans, the ones that file a Schedule C or a Schedule H. Smaller plans do not have to report either, so for most 401(k) plans in the country that information is not public anywhere.

The filing reports that employee contributions were not forwarded to the plan on time (line 4a).

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