Plan Ledger DOL Form 5500 · updated monthly

Hometown Community Bancorp, Inc.ESOP

HOMETOWN COMMUNITY BANCORP, INC. EMPLOYEE STOCK OWNERSHIP PLAN & TRUST · MORTON, IL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Hometown Community Bancorp, Inc. reported $45,111 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,485 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 fell from 0.03% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 337th-largest of 3,702 plans among Illinois employers on file, and the 578th of 4,798 in finance & insurance. active participation has grown from 412 to 501 since 2022.

Plan summary
Net assets, end of year$200,442,289
Participants with balances724
Active participants501
Employer contributions$3,750,000
Employee contributions—
Employer contribution per active participant$7,485
Average account balance$276,854
Benefits paid to participants$18,954,183
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$200.4M · 724 accts · $3.8M emplr
2023$194.3M · 622 accts · $3.0M emplr
2022$190.6M · 630 accts · $3.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$45,111
Total administrative$45,111
Employer contributions to the Hometown Community Bancorp, Inc. plan · 2024
Employer contribution per active participant$7,485
Median for plans this size$3,635
2024$7,485 per active participant
2023$6,289 per active participant
2022$8,630 per active participant

Hometown Community Bancorp, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
TRANSITION FINANCE SERVICES · Recordkeeping$45,086
CLIFTON LARSON ALLEN · Accounting / auditindirect comp

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

Recordkeeper by year2
2024TRANSITION FINANCE SERVICES
2023TRANSITION FINANCE SERVICES

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

Administrative cost history3
2024$45,111 · 0.02%
2023$27,288 · 0.01%
2022$46,461 · 0.03%
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Source: U.S. Department of Labor, Form 5500 series, EIN 364156822 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.