Plan Ledger DOL Form 5500 · updated monthly

Homepro Operating, LLC401(k)

HOMEPRO OPERATING, LLC 401(K) PLAN · CARROLLTON, TX · plan year 2022

Reported admin expense ratio · 2022
0.63%

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

Homepro Operating, LLC reported $17,184 in plan administrative expenses for 2022: 0.63% of average plan assets, above the peer median. Employer contributions averaged $653 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 30,021 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Texas (4,633rd of 5,688), and 4,579th of 5,337 in construction. In 2022, employees put in $2.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,825,998
Participants with balances160
Active participants346
Employer contributions$226,059
Employee contributions$595,967
Employer contribution per active participant$653
Average account balance$17,662
Benefits paid to participants$160,031
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $23K emplr
2022$2.8M · 160 accts · $226K emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,195
Investment management$12,239
Total administrative$17,184
The Homepro Operating, LLC 401(k) match · 2022
Employer contribution per active participant$653
Median for plans this size$1,114

Homepro Operating, LLC's 2022 employer contribution ran below the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$17,184 · 0.63%
Same employer
Similar plansConstruction · Texas
R. K. Bass Electric, Inc. TX$2.9M · 0.80%
Lakey Electric Company TX$2.8M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752787269 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.