401(k)
2024 plan-year 401(k) DOL Form 5500

Tranzact Technologies, Inc. 401(k) Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Tranzact Technologies, Inc. · Illinois · Transportation & Warehousing

What the 2023 filing shows

Tranzact Technologies, Inc. 401(k) Savings Plan holds $7M for 105 participants — about $70,819 per participant, up 17.8% over the 2024 plan year.

$7M
total plan assets (2024 EOY)
105
covered participants
$70,819
avg assets per participant
+17.8%
assets growth YoY
Total Assets (2023)
$7M
Participants
105
State
Industry
Transportation & Warehousing

What the Filing Says About Tranzact Technologies, Inc. 401(k) Savings Plan

Tranzact Technologies, Inc. 401(k) Savings Plan is a 401(k) retirement plan sponsored by Tranzact Technologies, Inc., headquartered in Illinois. As of the 2024 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 105 participants across the Transportation & Warehousing industry. The sponsor's EIN on file with the U.S. Department of Labor is 341545649, and the plan has been effective since 1996-05-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $6M at the beginning of 2024 to $7M at year-end — a gain of 17.8%. Net assets (after liabilities) closed the year at $7M, with reported net income of $1M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$6M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$1M
Plan Type401(k)
Employer EIN341545649
Plan Effective Date1996-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Tranzact Technologies, Inc.)

Year Plans Participants Total Assets
2022 1 97 $5M
2023 1 105 $6M
2024 1 105 $7M

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Frequently Asked Questions

How much money is in the Tranzact Technologies, Inc. 401(k) Savings Plan?
As of the 2024 Form 5500 filing, Tranzact Technologies, Inc. 401(k) Savings Plan holds $7M in total assets with 105 participants. It is sponsored by Tranzact Technologies, Inc..
What type of plan is Tranzact Technologies, Inc. 401(k) Savings Plan?
Tranzact Technologies, Inc. 401(k) Savings Plan is a 401(k) plan. It has been effective since 1996-05-01. The plan is filed with the U.S. Department of Labor under EIN 341545649.
Who sponsors the Tranzact Technologies, Inc. 401(k) Savings Plan?
Tranzact Technologies, Inc. 401(k) Savings Plan is sponsored by Tranzact Technologies, Inc., located in Illinois. The sponsor's EIN is 341545649 and the plan operates in the Transportation & Warehousing industry.
How did Tranzact Technologies, Inc. 401(k) Savings Plan perform in 2024?
Tranzact Technologies, Inc. 401(k) Savings Plan grew by 17.8% during 2024, moving from $6M to $7M in total assets. Net income was $1M.
Where can I find official filings for Tranzact Technologies, Inc. 401(k) Savings Plan?
Official Form 5500 filings for Tranzact Technologies, Inc. 401(k) Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 341545649 or plan name at efast.dol.gov.
How does Tranzact Technologies, Inc. 401(k) Savings Plan compare to other plans?
You can compare Tranzact Technologies, Inc. 401(k) Savings Plan against other 401(k) plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 341545649.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.