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Original filing (PDF)20250918101503NAL0001273617001
WACO TRANSIT SYSTEMS, INC.
Form 5500
FILING_RECEIVED
WACO TRANSIT SYSTEMS 401(K) PLAN
401(k) retirement plan
Signals · 2
26% in single holding~269 bps in Sched C fees
Active participants
128
Accounts w/ balance
128
Plan assets (EOY)
$2.0M
Net assets (EOY)
$2.0M
How this plan invests
This plan
14 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
89
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
87
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- Top holding "s Vanguard Vanguard Life Strategy Conserv GR N/R" is 26% of plan.
- 269 bps in Schedule C fees — 417% above peer band of 52 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for WACO TRANSIT SYSTEMS, INC..
Plan sponsor
Name
WACO TRANSIT SYSTEMS, INC.
EIN
74-1878112
Address
300 THROCKMORTON STREET STE 670 · FORT WORTH, TX · 76102
Phone
(817) 247-0539
Industry
Transportation & Warehousingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-09-18
Pension benefit codes
2A · Age/service weighted or new comparability
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
BAKER TILLY US LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
5 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | 06-1050034 | GREENWOOD VILLAGE, CO | RECORDKEEPER | $9K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FSC SECURITIES CORPORATION | — | ATLANTA, GA | INVESTMENT ADVISOR | $3K | — |
Accountant / Auditor
2| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| BAKER TILLY US LLP | — | NEW CASTLE, PA | AUDITOR | $33K | — |
| WACO TRANSIT SYSTEM | — | FORT WORTH, TX | AUDITOR | $10K | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ADVISED ASSETS GROUP, LLC | — | GREENWOOD VILLAGE, CO | INVESTMENT MGMT | $37 | — |
Investments
14 direct securities· $2.0M(99% of reported assets)
Uncategorized
$1.5M
13 holdings
Mutual Funds
$517K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard Life Strategy Conserv GR N/R | Mutual Funds | — | — | $517K | 25.4% | |
| Vanguard Life Strategy Moderate N/R | — | — | — | $436K | 21.4% | |
| Group Annuity Contract * Empower Annuity Insurance Guaranteed Income Fund N/R | — | — | — | $387K | 19.0% | |
| Company of America Participant Loans * Participant Loans Interest rates: 4.25% - 9.50% $0 | — | — | — | $121K | 5.9% | |
| GR Vanguard Life Strategy GR FD N/R | — | — | — | $95K | 4.6% | |
| Vanguard Developed Markets Index N/R | — | — | — | $87K | 4.3% | |
| Admiral JPMorgan JP Morgan Core Bond R6 N/R | — | — | — | $78K | 3.8% | |
| JPMorgan Large Cap Growth R6 N/R | — | — | — | $68K | 3.3% | |
| PGIM Total Return Bond R6 N/R | — | — | — | $66K | 3.2% | |
| Vanguard Equity Income Admiral N/R | — | — | — | $47K | 2.3% | |
| PGIM High Yield R6 N/R | — | — | — | $41K | 2.0% | |
| Vanguard Mid Cap Value Index N/R | — | — | — | $37K | 1.8% | |
| Admiral JPMorgan Mid Cap Growth R6 N/R | — | — | — | $27K | 1.3% | |
| Vanguard 500 Index Admiral N/R | — | — | — | $21K | 1.0% |
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