# Truenet Communications Corp. 401(k) Plan
Source: https://planprovider.pro/companies/truenet-communications-corp-401k-plan

> Truenet Communications Corp.'s 401(k) plan: 485 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Truenet Communications Corp.

- **Sponsor EIN:** 743061278

- **Sponsor Address:** 90 FORT WADE ROAD, PONTE VEDRA, FL, 32081

- **Plan Type:** 401(k)

- **Total Participants:** 485

- **Total Assets:** $14.4M

## 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|485|$14.4M|$577,158|$1.8M|

| 2023|547|$12.0M|$639,314|$1.7M|

| 2022|472|$8.9M|$489,941|$1.5M|

## 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|

| ASSURANCE DIMENSIONS|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [ASSURANCE DIMENSIONS](https://planprovider.pro/provider/assurance-dimensions-inc) — Auditor

## 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|$104,886|$33,002|$71,884|—|—|

| 2023|$88,777|$25,444|$63,333|—|—|

| 2022|$79,963|$22,053|$57,910|—|—|

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