Plan Snapshot
- Plan Sponsor: Truecommerce, INC.
- Sponsor EIN: 251774791
- Sponsor Address: 210 W KENSINGER DR, CRANBERRY TWP, PA, 16066
- Plan Type: 401(k)
- Total Participants: 492
- Total Assets: $57.7M
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 | 492 | $57.7M | $1.6M | $4.4M |
| 2023 | 455 | $47.8M | $1.4M | $4.0M |
| 2022 | 500 | $39.4M | $1.6M | $4.2M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $116,005 | — | $116,005 |
| MMA SECURITES LLC | INVESTMENT ADVISORY | — | $59,272 | $59,272 |
| GRANT THORNTON LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MMA SECURITES LLC — INVESTMENT ADVISORY
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $175,277
- Estimated Expense Ratio: 0.304% 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 | $116,005 | — | $116,005 | — | — |
| 2023 | $101,204 | — | $101,204 | — | — |
| 2022 | $100,091 | — | $100,091 | — | — |