Plan Ledger DOL Form 5500 · updated monthly

Homeserve USA Corp.401(k)

HOMESERVE 401(K) PLAN · NORWALK, CT · plan year 2023

Reported admin expense ratio · 2023
0.20%

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

Homeserve USA Corp. reported $180,112 in plan administrative expenses for 2023: 0.20% of average plan assets, above the peer median. Employer contributions averaged $2,850 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 4 years on file its reported administrative ratio has held roughly steady near 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other other services employers. By assets it is the 190th-largest of 1,106 plans among Connecticut employers on file, and the 195th of 3,341 in other services. In 2023, employees put in $1.69 for every $1.00 the employer contributed; active participation has grown from 1,613 to 1,980 since 2021.

Plan summary
Net assets, end of year$102,502,171
Participants with balances2,386
Active participants1,980
Employer contributions$5,642,067
Employee contributions$9,528,614
Employer contribution per active participant$2,850
Average account balance$42,960
Benefits paid to participants$10,379,626
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2024$97.4M · 1,813 accts · $4.4M emplr
2023$102.5M · 2,386 accts · $5.6M emplr
2022$76.8M · 2,143 accts · $4.5M emplr
2021$90.1M · 1,751 accts · $3.9M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$180,112
Total administrative$180,112
The Homeserve USA Corp. 401(k) match · 2023
Employer contribution per active participant$2,850
Median for plans this size$3,659
2024$3,701 per active participant
2023$2,850 per active participant
2022$2,405 per active participant
2021$2,434 per active participant

Homeserve USA Corp.'s 2023 employer contribution ran below the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231

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

Administrative cost history4
2024$236,197 · 0.24%
2023$180,112 · 0.20%
2022$210,003 · 0.25%
2021$159,977 · 0.23%
All plans at this employer2
HOMESERVE 401(K) PLAN401(k)
HOMESERVE USA 401(K) PLAN FOR UNION EMPLOYEES401(k)
Same employer
Similar plansOther Services · Connecticut
Laz Karp Associates, LLC CT$90.7M · 0.27%
Opus Inspection, Inc. CT$80.5M · 0.18%
Prosek LLC CT$44.7M · 0.47%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 980381967 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.