Plan Snapshot
- Plan Sponsor: Triumph Higher Education Group, LLC
- Sponsor EIN: 272336979
- Sponsor Address: 150 N. MARTINGALE ROAD, SCHAUMBURG, IL, 60173
- Plan Type: 401(k)
- Total Participants: 549
- Total Assets: $15.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- 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 | 549 | $15.6M | $1.3M | $2.7M |
| 2023 | 624 | $11.7M | $1.0M | $2.6M |
| 2022 | 628 | $7.2M | $987,493 | $2.2M |
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 |
|---|---|---|---|---|
| STANCORP FINANCIAL GROUP | Recordkeeper | $106,765 | — | $106,765 |
| SCHWAB FUNDS | Other Service Provider | — | $8,262 | $8,262 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $115,027
- Estimated Expense Ratio: 0.738% of plan assets
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 | $106,772 | — | $106,772 | — | — |
| 2023 | $95,493 | — | $95,493 | — | — |
| 2022 | $122,416 | — | $122,416 | — | — |