True Mfg 401(k) match, vesting and fees
What True Mfg's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Principal Life Insurance Company | Schedule C ↗ |
| Independent auditor | Sfw Partners, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 1,622 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.
| True Mfg: employer contribution per participant | $1,766 | |
| Peer median | $2,413 |
| True Mfg: average balance | $72,102 | |
| Peer median | $86,434 |
| True Mfg: admin expenses ÷ assets | 0.22% | |
| Peer median | 0.12% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $198M at the end of plan year 2023 to $227M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 3,223 | $227M | $5.6M | $1,766 | 0.22% | Not published | Form 5500 ↗ |
| 2023 | 3,141 | $198M | $5.1M | $1,660 | 0.22% | Not published | Form 5500 ↗ |
Common questions
Does True Mfg match 401(k) contributions?
The match terms for the True Manufacturing Company, Inc. 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $5.6M in employer contributions, about $1,766 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the True Mfg 401(k) match vested?
The vesting schedule for the True Manufacturing Company, Inc. 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the True Mfg 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Principal Life Insurance Company. The plan administrator is True Mfg. Co., Inc..
I left True Mfg. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (True Mfg. Co., Inc., (636) 240-2400) or the recordkeeper, Principal Life Insurance Company. The True Mfg old 401(k) page lists the contacts from every plan filing. Find an old True Mfg 401(k)
Data from the public Form 5500 annual reports True Mfg filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with True Mfg. Not financial advice. Report a correction · Methodology