Plan Ledger DOL Form 5500 · updated monthly

Home Partners of America, LLC.401(k)

HOME PARTNERS OF AMERICA, LLC 401(K) PS PLAN &TRUST · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Home Partners of America, LLC. reported $86,914 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $4,020 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 0.47% to 0.34%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 1,324th-largest of 3,702 plans among Illinois employers on file, and the 458th of 2,096 in real estate & leasing. In 2024, employees put in $1.58 for every $1.00 the employer contributed; active participation has grown from 496 to 644 since 2022.

Plan summary
Net assets, end of year$29,751,559
Participants with balances781
Active participants644
Employer contributions$2,588,695
Employee contributions$4,091,592
Employer contribution per active participant$4,020
Average account balance$38,094
Benefits paid to participants$2,568,173
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$29.8M · 781 accts · $2.6M emplr
2023$21.0M · 739 accts · $2.0M emplr
2022$13.7M · 576 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$86,914
Total administrative$86,914
The Home Partners of America, LLC. 401(k) match · 2024
Employer contribution per active participant$4,020
Median for plans this size$2,416
2024$4,020 per active participant
2023$3,243 per active participant
2022$2,917 per active participant

Home Partners of America, LLC.'s 2024 employer contribution ran above the $2,416 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
ADP, INC. · Loan processing · Recordkeeping$86,914

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$86,914 · 0.34%
2023$75,920 · 0.44%
2022$60,845 · 0.47%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 463400436 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.