True Capital Partners 401(K) Plan — Form 5500 plan (True Capital Partners, LLC)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, True Capital Partners 401(K) Plan is a benefit plan reported by True Capital Partners, LLC under EIN 45-4747947 and plan number 001. The latest loaded filing year is 2023. The filing reports 742 participants and $38,359,278 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$38.4MPlan net assets, end of year$38,359,278
Participants742Covered participants reported
Assets / participant$51.7KComputed: assets ÷ participants$51,697 (computed)
Provider compensation$125.3K2 Schedule C provider row(s)$125,339
- Plan sponsor
- True Capital Partners, LLC
- EIN
- 45-4747947
- Plan number
- 001
- Plan type
- 2
- Location
- Haddonfield, NJ
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 742 | H, C | 20241015143746NAL0014861235001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$38.4M total assets
Net assets$38.4MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $38,359,278
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $38,359,278
- Net assets (BOY)
- $27,269,475
Income & contributions
- Employer contributions
- $1,323,050
- Participant contributions
- $8,342,770
- Total contributions
- $10,404,620
- Total income / additions
- $16,230,392
Expenses & distributions
- Benefits paid
- $5,007,346
- Administrative expenses
- $115,194
- Total expenses
- $5,140,589
- Net increase / (decrease)
- $11,089,803
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
14%86%
Employer 14%Participant 86%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income31%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $76,007 | $0 | 2023 |
| Merrill Lynch Pierce Fenner & Smith | CONSULTANT | $39,187 | $10,145 | 2023 |