Plan Ledger DOL Form 5500 · updated monthly

Triumph Financial, Inc.401(k)

TRIUMPH FINANCIAL, INC. 401(K) PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.11%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Triumph Financial, Inc. reported $103,966 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $3,267 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.24% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 645th-largest of 5,688 plans among Texas employers on file, and the 991st of 4,798 in finance & insurance. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$100,978,880
Participants with balances1,393
Active participants1,562
Employer contributions$5,103,230
Employee contributions$9,807,591
Employer contribution per active participant$3,267
Average account balance$72,490
Benefits paid to participants$8,905,598
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$101.0M · 1,393 accts · $5.1M emplr
2023$80.1M · 1,283 accts · $4.4M emplr
2022$63.4M · 1,919 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$95,085
Investment management$8,881
Total administrative$103,966
The Triumph Financial, Inc. 401(k) match · 2024
Employer contribution per active participant$3,267
Median for plans this size$3,635
2024$3,267 per active participant
2023$3,016 per active participant
2022$2,475 per active participant

Triumph Financial, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$95,085
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,881

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$103,966 · 0.11%
2023$128,134 · 0.18%
2022$166,210 · 0.24%
Same employer
Similar plansFinance & Insurance · Texas
Kestra Financial, Inc. TX$115.4M · 0.11%
Colonial Savings, F.A. TX$107.9M · 0.07%
Austin Bank, Texas, N.A. TX$103.3M · 0.00%
Canyon Partners, L.L.C. TX$95.2M · 0.05%
Verabank, Inc. TX$88.7M · 0.15%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 200477066 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.