Plan Ledger DOL Form 5500 · updated monthly

Homeservices of America, Inc401(k)

HOMESERVICES RETIREMENT SAVINGS PLAN · EDINA, MN · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Homeservices of America, Inc reported $220,725 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,974 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 10 years on file its reported administrative ratio rose from 0.02% to 0.03%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 58th-largest of 1,918 plans among Minnesota employers on file, and the 12th of 2,096 in real estate & leasing. In 2024, employees put in $2.60 for every $1.00 the employer contributed; active participation has grown from 3,484 to 5,458 since 2014.

Plan summary
Net assets, end of year$790,882,405
Participants with balances7,237
Active participants5,458
Employer contributions$16,232,503
Employee contributions$42,146,951
Employer contribution per active participant$2,974
Average account balance$109,283
Benefits paid to participants$98,383,816
Plan auditUnmodified (clean) audit opinion
Plan history11
Yearassets · accounts · employer contribution
2024$790.9M · 7,237 accts · $16.2M emplr
2023$729.2M · 7,770 accts · $17.4M emplr
2022$625.9M · 5,525 accts · $11.3M emplr
2021$441.3M · 5,729 accts · $8.7M emplr
2020$408.2M · 5,628 accts · $8.2M emplr
2019$368.8M · 5,957 accts · $8.7M emplr
2018$319.4M · 5,760 accts · $8.3M emplr
2017$321.6M · 5,280 accts · $7.7M emplr
2016$264.4M · 4,979 accts · $7.1M emplr
2015$220.9M · 4,334 accts · $5.9M emplr
2014$195.5M · 3,648 accts · $4.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$172,378
Audit (IQPA)$29,138
Total administrative$220,725
The Homeservices of America, Inc 401(k) match · 2024
Employer contribution per active participant$2,974
Median for plans this size$4,294
2024$2,974 per active participant
2023$2,951 per active participant
2022$2,467 per active participant
2021$1,950 per active participant
2020$1,762 per active participant

Homeservices of America, Inc's 2024 employer contribution ran below the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
MERRILL LYNCH,PIERCE,FENNER & SMITH · Recordkeeping$172,378
MOSS ADAMS LLP · Accounting / audit$29,138
JACKSON LEWIS P.C. · Other services · Legal$10,167
AON HEWITT INVESTMENT · Consulting$9,042

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history11
2024$220,725 · 0.03%
2023$285,505 · 0.04%
2022$237,524 · 0.04%
2021$282,909 · 0.07%
2020$321,936 · 0.08%
2019$344,814 · 0.10%
2018$336,856 · 0.11%
2017$276,773 · 0.09%
2016$304,038 · 0.13%
2015$56,210 · 0.03%
2014$35,002 · 0.02%
Same employer
Similar plansReal Estate & Leasing · Minnesota
Zillow Group, Inc. WA$849.8M · 0.03%
Randstad North America GA$674.3M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 411945806 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.