Plan Ledger DOL Form 5500 · updated monthly

Homelight Settlement401(k)

HOMELIGHT SETTLEMENT 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Homelight Settlement reported $4,673 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $0 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 0.28% to 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (8,682nd of 9,483), and 1,942nd of 2,096 in real estate & leasing. active participation has shrunk from 82 to 64 since 2022.

Plan summary
Net assets, end of year$1,259,031
Participants with balances137
Active participants64
Employer contributions$0
Employee contributions$240,531
Employer contribution per active participant$0
Average account balance$9,190
Benefits paid to participants$354,073
Plan auditUnmodified (clean) audit opinion
AuditorSENSIBA
Plan history3
Yearassets · accounts · employer contribution
2024$1.3M · 137 accts
2023$992K · 161 accts
2022$512K · 182 accts · $30 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,888
Investment management$785
Total administrative$4,673
The Homelight Settlement 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Homelight Settlement's 2024 employer contribution ran below the $1,313 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$4,673 · 0.42%
2023$4,108 · 0.55%
2022$1,019 · 0.28%
Similar plansReal Estate & Leasing · California
Total Storage Solutions CA$1.4M · 0.70%
Westwind Management Inc CA$1.4M · 0.11%
Wright Celebrations, Inc. CA$1.4M · 0.30%
Sola Rentals Qozb LLC CA$1.3M · 0.91%
Sunrise Respiratory Care CA$1.2M · 1.17%
Statewide Enterprises CA$1.1M · 0.11%

Why are you looking at this plan?

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Source: U.S. Department of Labor, Form 5500 series, EIN 831726902 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.