True Homes, LLC 401(K) Plan — Form 5500 plan (True Homes, 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 Homes, LLC 401(K) Plan is a benefit plan reported by True Homes, LLC under EIN 26-1483906 and plan number 001. The latest loaded filing year is 2023. The filing reports 507 participants and $18,412,451 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
True Homes, LLC
EIN
26-1483906
Plan number
001
Plan type
2
Location
Monroe, NC
Latest filing year
2023
Participants
507
End-of-year plan assets
$18,412,451

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023507H, C20241004070142NAL0019067840001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$18,412,451
Total liabilities (EOY)
$1,099
Net assets (EOY)
$18,411,352
Net assets (BOY)
$13,312,180

Income & contributions

Employer contributions
$1,212,992
Participant contributions
$2,699,131
Total contributions
$3,989,010
Total income / additions
$6,340,903

Expenses & distributions

Benefits paid
$1,104,813
Administrative expenses
$95,167
Total expenses
$1,241,731
Net increase / (decrease)
$5,099,172

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch Life AgyINVESTMENT ADVISOR$0$37,5052023
John Hancock Life Insurance CompanyN/A$3,066not reported in the loaded dataset2023

Related Form 5500 pages