Plan Ledger DOL Form 5500 · updated monthly

True Capital Partners, LLC401(k)

TRUE CAPITAL PARTNERS 401(K) PLAN · HADDONFIELD, NJ · plan year 2024

Reported admin expense ratio · 2024
0.22%

True Capital Partners, LLC reported $94,392 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. 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 0.59% to 0.22%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 579th-largest of 2,419 plans among New Jersey employers on file, and the 3,190th of 13,661 in manufacturing. active participation has shrunk from 637 to 549 since 2022.

Plan summary
Net assets, end of year$49,166,786
Participants with balances694
Active participants549
Employer contributions—
Employee contributions$8,316,234
Employer contribution per active participant—
Average account balance$70,846
Benefits paid to participants$4,713,401
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$49.2M · 694 accts
2023$38.4M · 685 accts · $1.3M emplr
2022$27.3M · 719 accts · $777K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,882
Investment management$21,755
Total administrative$94,392
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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$50,882
MERRILL LYNCH PIERCE FENNER & SMITH · Investment advisory (plan)$43,510

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$94,392 · 0.22%
2023$115,194 · 0.35%
2022$143,681 · 0.59%
Similar plansManufacturing · New Jersey
Ekaterra 401(K) Plan NJ$50.9M · 0.09%
Global Industries, Inc. NJ$49.8M · 0.18%
Tris Pharma, Inc. NJ$49.7M · 0.16%
Sk Life Science, Inc. NJ$49.0M · 0.25%
Picut Industries, Inc. NJ$47.4M · 0.26%
Rose Brand Wipers, Inc. NJ$45.5M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 454747947 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.