Plan Ledger DOL Form 5500 · updated monthly

Homebridge, Inc.403(b)

HOMEBRIDGE 403(B) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Homebridge, Inc. reported $6,878 in plan administrative expenses for 2024: 0.08% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,611 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 rose from 0.00% to 0.08%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (5,801st of 9,483), and 6,132nd of 11,911 in health care & social assistance. In 2024, the employer put in $1.30 for every $1.00 employees contributed themselves; active participation has grown from 367 to 504 since 2022.

Plan summary
Net assets, end of year$8,782,878
Participants with balances476
Active participants504
Employer contributions$812,077
Employee contributions$622,598
Employer contribution per active participant$1,611
Average account balance$18,451
Benefits paid to participants$1,122,730
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 476 accts · $812K emplr
2023$7.7M · 394 accts · $551K emplr
2022$6.1M · 333 accts · $510K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,878
Total administrative$6,878
Employer contributions to the Homebridge, Inc. plan · 2024
Employer contribution per active participant$1,611
Median for plans this size$1,313
2024$1,611 per active participant
2023$1,094 per active participant
2022$1,390 per active participant

Homebridge, Inc.'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

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

Recordkeeper by year2
2024TIAA
2023TIAA

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

Administrative cost history3
2024$6,878 · 0.08%
2023Not separately reported
2022$231 · 0.00%
Same employer
Similar plansHealth Care & Social Assistance · California
The Super Dentists, Inc. CA$8.7M · 0.37%
Jane Technologies Inc. CA$8.7M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942985244 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.