Plan Snapshot
- Plan Sponsor: True Capital Partners, LLC
- Sponsor EIN: 454747947
- Sponsor Address: 1717 ARCH STREET, PHILADELPHIA, PA, 19103
- Plan Type: 401(k)
- Total Participants: 549
- Total Assets: $49.2M
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 | $49.2M | $0 | $8.3M |
| 2023 | 560 | $38.4M | $1.3M | $8.3M |
| 2022 | 637 | $27.3M | $777,130 | $7.3M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $50,882 | — | $50,882 |
| MERRILL LYNCH PIERCE FENNER & SMITH | INVESTMENT ADVISORY | $43,510 | — | $43,510 |
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $94,392
- Estimated Expense Ratio: 0.192% 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 | $94,392 | $21,755 | $50,882 | — | — |
| 2023 | $115,194 | $17,623 | $76,007 | — | — |
| 2022 | $143,681 | $31,949 | $79,783 | — | $31,949 |