Plan Snapshot
- Plan Sponsor: Truly Title, INC.
- Sponsor EIN: 832214827
- Sponsor Address: 2901 N DALLAS PARKWAY, PLANO, TX, 75093
- Plan Type: 401(k)
- Total Participants: 103
- Total Assets: $4.9M
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 | 103 | $4.9M | $0 | $500,070 |
| 2023 | 107 | $4.5M | $8,216 | $545,337 |
| 2022 | 146 | $3.8M | $425,607 | $856,328 |
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 |
|---|---|---|---|---|
| BALDWIN MOFFITT BEHM LLP | Auditor | — | — | $0 |
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 | $4,646 | $3,770 | — | — | — |
| 2023 | $3,780 | $3,116 | — | — | — |
| 2022 | $3,454 | $3,453 | $1 | — | — |