Plan Ledger DOL Form 5500 · updated monthly

Homer Management LLC401(k)

HOMER'S TREE-MENDOUS 401(K) PLAN AND TRUST · LOCKPORT, IL · plan year 2024

Reported admin expense ratio · 2024
0.42%

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

Homer Management LLC reported $28,135 in plan administrative expenses for 2024: 0.42% of average plan assets, below the peer median. Employer contributions averaged $2,917 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 3 years on file its reported administrative ratio has held roughly steady near 0.42%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Illinois (2,678th of 3,702), and the 1,187th of 2,534 in administrative & support services. In 2024, employees put in $1.92 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,433,967
Participants with balances101
Active participants100
Employer contributions$291,743
Employee contributions$561,227
Employer contribution per active participant$2,917
Average account balance$73,604
Benefits paid to participants$240,176
Plan auditUnmodified (clean) audit opinion
AuditorDESMOND & AHERN, LTD
Plan history3
Yearassets · accounts · employer contribution
2024$7.4M · 101 accts · $292K emplr
2023$6.1M · 99 accts · $264K emplr
2022$5.0M · 107 accts · $276K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,374
Investment management$23,734
Trustee / custodial$2,027
Total administrative$28,135
The Homer Management LLC 401(k) match · 2024
Employer contribution per active participant$2,917
Median for plans this size$1,313
2024$2,917 per active participant
2023$2,666 per active participant
2022$2,784 per active participant

Homer Management LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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.

Service providers · 20241
CREATIVE PLANNING · Investment advisory (plan) · Investment advisory (participants)$23,734

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

Administrative cost history3
2024$28,135 · 0.42%
2023$24,715 · 0.45%
2022$21,729 · 0.41%
Same employer
Similar plansAdministrative & Support Services · Illinois
Vonachen Group, Inc. IL$8.6M · 0.16%
Gdi Services Inc. IL$7.8M · 0.88%
A.S.G Staffing, Inc. IL$7.8M · 0.36%
McNelly Services, Inc. IL$7.7M · 1.10%
Returns R US IL$6.9M · 0.68%
Bearing Tree, Inc. IL$6.8M · 0.04%
Ctl Global, Inc. IL$6.7M · 0.31%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471777110 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.