Plan Ledger DOL Form 5500 · updated monthly

Hometown Financial Group, Inc.ESOP

ENVISION BANK EMPLOYEE STOCK OWNERSHIP PLAN · EASTHAMPTON, MA · plan year 2022

Reported admin expense ratio · 2022
0.17%

Hometown Financial Group, Inc. reported $13,244 in plan administrative expenses for 2022: 0.17% of average plan assets, below the peer median. 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 1 year on file its reported administrative ratio rose from 0.17% to 0.82%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Massachusetts (1,979th of 2,726), and 4,088th of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$8,944,473
Participants with balances188
Active participants0
Employer contributions$13,244
Employee contributions$0
Employer contribution per active participant—
Average account balance$47,577
Benefits paid to participants$340,344
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$2.4M · 68 accts · $5K emplr
2022$8.9M · 188 accts · $13K emplr
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
2023$46,632 · 0.82%
2022$13,244 · 0.17%
Similar plansFinance & Insurance · Massachusetts
Monson Savings Bank MA$11.6M · 0.01%
Alira Health Boston, LLC MA$9.6M · 0.04%
Lendbuzz, Inc. MA$7.9M · 0.40%
Bay State Savings Bank MA$7.5M · 0.00%
Bwc Holdings, Inc. MA$7.3M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 743073286 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.