Plan Ledger DOL Form 5500 · updated monthly

Home Brands Group LLC401(k)

HOME BRANDS GROUP LLC 401(K) PROFIT SHARING PLAN & TRUST · PHOENIX, AZ · plan year 2023

Reported admin expense ratio · 2023
1.69%

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

Home Brands Group LLC reported $32,382 in plan administrative expenses for 2023: 1.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,634 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 1 year on file its reported administrative ratio rose from 1.52% to 1.69%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Arizona (1,042nd of 1,285), and 4,759th of 5,337 in construction. In 2023, employees put in $2.04 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,213,725
Participants with balances97
Active participants126
Employer contributions$205,871
Employee contributions$420,067
Employer contribution per active participant$1,634
Average account balance$22,822
Benefits paid to participants$307,005
Plan auditUnmodified (clean) audit opinion
AuditorMAGGART AND ASSOCIATES P C
Plan history2
Yearassets · accounts · employer contribution
2023$2.2M · 97 accts · $206K emplr
2022$1.6M · 115 accts · $170K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$22,151
Investment management$9,371
Trustee / custodial$860
Total administrative$32,382
The Home Brands Group LLC 401(k) match · 2023
Employer contribution per active participant$1,634
Median for plans this size$1,308
2023$1,634 per active participant
2022$1,225 per active participant

Home Brands Group LLC's 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PAYCHEX, INC. · Recordkeeping$8,383
401K GENERATION · Contract administrator$12,446
CWM, LLC · Investment advisory (participants)$8,497

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

Administrative cost history2
2023$32,382 · 1.69%
2022$23,816 · 1.52%
Same employer
Similar plansConstruction · Arizona
Degan Construction, LLC AZ$2.4M · 0.05%
Arok Inc. AZ$2.1M · 0.96%
K2 Electric, LLC AZ$2.1M · 0.82%
Skyline Steel, Inc. AZ$2.1M · 1.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900864563 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.