Trans States Holdings 401(k) match, vesting and fees
What Trans States Holdings' 401(k) plan says about matching contributions
The Company contributes 50% up to the first 10% of eligible compensation that a participant contributes to the Plan based on years of service, unless otherwise defined in the participants’ respective collective bargaining agreement (“CBA”).
Quoted directly from the filing. Plan terms may have changed; check your current Summary Plan Description.
Plan features
Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.
| Employer match | Quoted from the filing above | 2024 audit report, p. 31 ↗ |
| Match vesting | Participants are vested immediately in their contributions, plus actual earnings thereon. Vesting in the Company’s contributions is based on years of continuous service. A participant is 100% vested after three years of service, unless otherwise defined in the participants’ respective CBA. | 2024 audit report, p. 32 ↗ |
| Automatic enrollment | The Plan includes an auto-enrollment provision whereby all newly eligible employees are automatically enrolled in the Plan unless they affirmatively elect not to participate in the Plan. Automatically enrolled participants have their deferral rate set at 3% of eligible compensation and their contributions are invested in a designated fund until changed by the participant. | 2024 audit report, p. 31 ↗ |
| Roth contributions | Each participant’s account is credited with participant pre-tax deferrals, participant post-tax roth contributions, participant after-tax contributions, Company matching contributions, any other discretionary contributions made by the Company and Plan earnings. | 2024 audit report, p. 32 ↗ |
| Loans | Participants may borrow from their fund accounts a minimum of $1,000 up to a maximum equal to the lesser of $50,000 reduced by the highest outstanding loan balance in their account during the prior twelve-month period or 50% of their vested account balance. | 2024 audit report, p. 32 ↗ |
| Recordkeeper | ADP, Inc. | 2025 Schedule C ↗ |
| Independent auditor | Boyum & Barenscheer Pllp (unmodified opinion, limited scope) | 2025 Schedule H ↗ |
| Plan type and status | 401(k) · Active | 2025 Form 5500 ↗ |
Match, vesting and other plan features are from the plan year 2024 filing's audit report (the latest one extracted so far). Rows cited to the Form 5500 and its schedules are from the plan year 2025 filing.
How the plan compares
Plan year 2025 medians for 64 defined-contribution plans in transportation and warehousing with 1,000 to 4,999 participants.
| Trans States Holdings: employer contribution per participant | $1,178 | |
| Peer median | $1,806 |
| Trans States Holdings: average balance | $39,923 | |
| Peer median | $57,988 |
| Trans States Holdings: admin expenses ÷ assets | 0.31% | |
| Peer median | 0.21% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $64.1M at the end of plan year 2021 to $75.4M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 1,970 | $75.4M | $2.2M | $1,178 | 0.31% | Not published | Form 5500 ↗ |
| 2024 | 1,968 | $60.7M | $1.6M | $870 | 0.18% | Quoted in the audit report, p. 31 ↗ | Form 5500 ↗ |
| 2023 | 2,030 | $53.2M | $1.4M | $692 | 0.40% | Not published | Form 5500 ↗ |
| 2022 | 2,532 | $50M | $823K | $331 | 0.38% | Not published | Form 5500 ↗ |
| 2021 | 3,075 | $64.1M | $713K | $237 | 0.28% | Not published | Form 5500 ↗ |
Common questions
Does Trans States Holdings match 401(k) contributions?
The audit report attached to the My Airline 401(k) Retirement Plan's plan year 2024 Form 5500, page 31 says: “The Company contributes 50% up to the first 10% of eligible compensation that a participant contributes to the Plan based on years of service, unless otherwise defined in the participants’ respective collective bargaining agreement (“CBA”).” Plan terms may have changed; check your current Summary Plan Description.
When is the Trans States Holdings 401(k) match vested?
The audit report attached to the plan year 2024 Form 5500, page 32 says: “Participants are vested immediately in their contributions, plus actual earnings thereon. Vesting in the Company’s contributions is based on years of continuous service. A participant is 100% vested after three years of service, unless otherwise defined in the participants’ respective CBA.”
Who manages the Trans States Holdings 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is ADP, Inc.. The plan administrator is Trans States Holdings, Inc.
I left Trans States Holdings. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Trans States Holdings, Inc, (314) 222-4749) or the recordkeeper, ADP, Inc.. The Trans States Holdings old 401(k) page lists the contacts from every plan filing. Find an old Trans States Holdings 401(k)
Data from the public Form 5500 annual reports Trans States Holdings filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Trans States Holdings. Not financial advice. Report a correction · Methodology