Transdev North America, Inc. 401(k) Review & Grade
Transdev North America, Inc. 401k Plan for Collectively Bargained Employees
Lombard, ILTransportation & Warehousing11,207 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$687Employer $ per active participant
$1,677Employee $ saved per active participant
0.21%Direct admin cost, % of plan assets
$160.1MNet plan assets, end of year
–Average balance per account (account count looks misreported)
Score breakdown
- Employer generosity15.6 / 5031th percentile for employer $ per participant
- Low cost4.2 / 2517th percentile for low admin cost vs. same-size plans
- Employee saving2.3 / 1516th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score15 / 100 · Grade F
This plan vs. peers
Peers: Transportation & Warehousing plans with 10,000+ active participants (46 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 31th |
| Lower admin cost | 17th |
| Employee saving | 16th |
| Peers that auto-enroll | 30% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- Transdev North America put in about $687 per active participant, below the typical peer ($1,415). 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.
- Direct plan expenses (0.21% of assets) are well above similar-size plans (0.09%). Check your annual fee disclosure, choose low-cost index funds if you can, and think about whether savings beyond the match belong in an IRA.
- 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 | $7,700,933 |
| Participant (employee) contributions | $18,789,589 |
| Other contributions (incl. rollovers in) | $2,197,253 |
| Administrative expenses paid from the plan | $311,820 |
| Investment advisory & management fees | $59,729 |
| Benefits paid out | $20,876,136 |
| Net assets, start / end of year | $138.0M / $160.1M |
| Active participants, start / end of year | 10,568 / 11,846 |
| Participants with account balances | 4,904 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Miller Cooper & Co, LTD |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $211,272 reported compensation |
| Miller Cooper & Co. LTD | $40,819 reported compensation |
| Mercer Investments LLC | $32,500 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251015090653NAL0005752464001, received 2025-10-15, EIN 51-0387033, plan #003, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.