Plan Ledger DOL Form 5500 · updated monthly

Homeland Vinyl Products, Inc.401(k)

HOMELAND VINYL PRODUCTS, INC. 401(K) RETIREMENT SAVINGS PLAN · BIRMINGHAM, AL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Homeland Vinyl Products, Inc. reported $5,149 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,149 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 0.038% to 0.044%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 408th-largest of 902 plans among Alabama employers on file, and 7,952nd of 13,661 in manufacturing. In 2024, employees put in $1.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,243,034
Participants with balances334
Active participants452
Employer contributions$519,492
Employee contributions$873,289
Employer contribution per active participant$1,149
Average account balance$36,656
Benefits paid to participants$1,132,660
Plan auditUnmodified (clean) audit opinion
AuditorMDA PROFESSIONAL GROUP PC
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 334 accts · $519K emplr
2023$10.9M · 338 accts · $514K emplr
2022$9.5M · 334 accts · $505K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,900
Investment management$3,249
Total administrative$5,149
The Homeland Vinyl Products, Inc. 401(k) match · 2024
Employer contribution per active participant$1,149
Median for plans this size$2,416
2024$1,149 per active participant
2023$1,020 per active participant
2022$1,075 per active participant

Homeland Vinyl Products, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. 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.

Administrative cost history3
2024$5,149 · 0.04%
2023$4,712 · 0.05%
2022$3,670 · 0.04%
Similar plansManufacturing · Alabama
Alphapet, Inc. AL$13.0M · 0.17%
Atap, Inc. AL$12.8M
Hanon Systems USA, LLC AL$12.3M · 0.07%
Kykenkee AL$11.8M · 0.80%
Steward Machine Co., Inc. AL$11.6M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 640834399 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.