Plan Snapshot
- Plan Sponsor: Triumph Financial, INC.
- Sponsor EIN: 200477066
- Sponsor Address: 12700 PARK CENTRAL DRIVE, STE. 1700, DALLAS, TX, 75251
- Plan Type: 401(k)
- Total Participants: 1,562
- Total Assets: $101.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,562 | $101.0M | $5.1M | $9.8M |
| 2023 | 1,470 | $80.1M | $4.4M | $8.4M |
| 2022 | 1,440 | $63.4M | $3.6M | $6.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CROWE LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $103,966 | $8,881 | $300 | — | — |
| 2023 | $128,134 | $380 | — | — | — |
| 2022 | $166,210 | — | — | — | $166,210 |