Plan Snapshot
- Plan Sponsor: Truecar, INC. And Subsidiaries
- Sponsor EIN: 043807511
- Sponsor Address: 225 SANTA MONICA BLVD., 12TH FLOOR, SANTA MONICA, CA, 90401
- Plan Type: 401(k)
- Plan Number: 002
- Total Participants: 687
- Total Assets: $71.8M
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. |
|---|---|---|---|---|
| 2025 | 687 | $71.8M | $0 | $0 |
| 2024 | 340 | $63.5M | $1.3M | $3.5M |
| 2023 | 323 | $59.9M | $1.3M | $4.2M |
| 2022 | 442 | $53.8M | $1.5M | $4.5M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $74,131 | — | $74,131 |
| MMA SECURITIES | Investment Advisor | $56,650 | — | $56,650 |
| CLIFTONLARSONALLEN LLP | Auditor | $14,315 | — | $14,315 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $145,096
- Estimated Expense Ratio: 0.202% 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 |
|---|---|---|---|---|---|
| 2025 | $7,642,173 | $56,650 | — | $14,315 | — |
| 2024 | $135,712 | $55,000 | — | — | — |
| 2023 | $89,395 | $27,500 | — | — | — |
| 2022 | $272,769 | — | $272,769 | — | — |