Plan Ledger DOL Form 5500 · updated monthly

Home Experience LLC401(k)

HOMEX SAVINGS PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.49%

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

Home Experience LLC reported $20,748 in plan administrative expenses for 2024: 0.49% of average plan assets, below the peer median. Employer contributions averaged $1,810 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 2 years on file its reported administrative ratio fell from 1.13% to 0.49%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Illinois (2,954th of 3,702), and 1,431st of 2,534 in administrative & support services. In 2024, employees put in $2.22 for every $1.00 the employer contributed; active participation has grown from 46 to 160 since 2022.

Plan summary
Net assets, end of year$5,066,649
Participants with balances252
Active participants160
Employer contributions$289,677
Employee contributions$643,709
Employer contribution per active participant$1,810
Average account balance$20,106
Benefits paid to participants$905,721
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.1M · 252 accts · $290K emplr
2023$3.5M · 129 accts · $120K emplr
2022$2.6M · 99 accts · $258K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,223
Total administrative$20,748
The Home Experience LLC 401(k) match · 2024
Employer contribution per active participant$1,810
Median for plans this size$1,313
2024$1,810 per active participant
2023$1,081 per active participant
2022$5,606 per active participant

Home Experience LLC's 2024 employer contribution ran above the $1,313 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
EDELMAN FINANCIAL ENGINES, LLC · Contract administrator · Recordkeeping$19,350

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$20,748 · 0.49%
2023$20,319 · 0.67%
2022$32,047 · 1.13%
Similar plansAdministrative & Support Services · Illinois
Smithereen Company IL$6.6M · 0.37%
Nvn Management, LLC IL$6.3M · 2.13%
Emergency 24, Inc IL$4.9M · 0.02%
Rhm LLC IL$4.7M · 0.81%
Hunt Club, Inc. IL$4.5M · 0.66%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814233749 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.