Sharp Transit, Llc 401(k) Plan: Login, Facts & Contact Information

Sharp Transit, Llc 401(k) Plan Facts

Plan name
SHARP TRANSIT, LLC EMPLOYEES 401(K) RETIREMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
SHARP TRANSIT, LLC
Participants
721 (599 active employees)
Former employees with a balance
32
Plan assets
$7,320,608 at Dec 31, 2024
Average account balance
$40,445 across 181 accounts
Employer contributions
$428,724 in plan year 2024 (34% of all contributions)
Recordkeeper
T. Rowe Price Rps, Inc.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 2006
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 15, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.27 million went into the plan in contributions, $428,724 of it from the employer (34%).
  • $671,852 was paid out to participants.
  • Investment and other income added $771,350.
  • Administrative expenses were $41,176, about $227 per account.

How the Sharp Transit, Llc 401(k) changed, 2018–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2018305$1.77 million$65,213$61,058
2019590$2.52 million$116,937$163,809
2020605$3.36 million$175,465$180,145
2022578$4.37 million$399,489$478,285
2023776$6.00 million$437,771$622,658
2024721$7.32 million$428,724$671,852

Sharp Transit, Llc 401(k) Contact Information

Phone
704-630-1160
Mailing address
1355 LONG FERRY RD, SALISBURY NC 28146
Plan sponsor
SHARP TRANSIT, LLC
Employer identification number (EIN)
56-2206676
Plan number
001

Questions about the Sharp Transit, Llc 401(k)

Does Sharp Transit, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $428,724, 34% of all contributions.

Does the Sharp Transit, Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Sharp Transit, Llc 401(k) plan?

721 participants at the start of plan year 2024, 599 of them active employees, and 32 former employees who still had money in the plan.

What is the average 401(k) balance at Sharp Transit, Llc?

About $40,445 per account: $7.32 million in plan assets across 181 accounts with a balance at the end of plan year 2024.

Who manages the Sharp Transit, Llc 401(k) accounts?

T. Rowe Price (listed on the filing as T. ROWE PRICE RPS, INC.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Sharp Transit, Llc. How do I access my 401(k)?

Your account stays with T. Rowe Price after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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