Plan Ledger DOL Form 5500 · updated monthly

Homegrown Partners, LLC401(k)

HOMEGROWN 401(K) PLAN · RENTON, WA · plan year 2024

Reported admin expense ratio · 2024
0.83%

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

Homegrown Partners, LLC reported $13,112 in plan administrative expenses for 2024: 0.83% of average plan assets, above the peer median. Employer contributions averaged $1,360 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other accommodation & food services employers. By assets it is among the smaller plans on file in Washington (1,579th of 1,714), and 1,462nd of 2,240 in accommodation & food services. In 2024, employees put in $2.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,928,920
Participants with balances163
Active participants137
Employer contributions$186,288
Employee contributions$398,166
Employer contribution per active participant$1,360
Average account balance$11,834
Benefits paid to participants$116,006
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,900
Investment management$4,549
Trustee / custodial$2,663
Total administrative$13,112
The Homegrown Partners, LLC 401(k) match · 2024
Employer contribution per active participant$1,360
Median for plans this size$1,313

Homegrown Partners, 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
RANDALL AND HURLEY, INC. · Recordkeeping · Pension consulting$7,909

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

Administrative cost history1
2024$13,112 · 0.83%
Same employer
Similar plansAccommodation & Food Services · Washington
Sea Creatures LLC WA$2.5M · 0.02%
Cafes Inc. WA$2.4M · 0.05%
Es Restaurant Group Inc. WA$937K · 1.57%
Wenspok Resources LLC WA$695K · 2.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262897893 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.