Plan Ledger DOL Form 5500 · updated monthly

Hometown Waiver Solutions LLC401(k)

HOMETOWN WAIVER SOLUTIONS - 401K · EVANSVILLE, IN · plan year 2025

Reported admin expense ratio · 2025
1.48%

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

Hometown Waiver Solutions LLC reported $26,242 in plan administrative expenses for 2025: 1.48% of average plan assets, higher than ~90% of peers. Employer contributions averaged $484 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 rose from 0.05% to 1.48%. The plan sits in the $1M–$10M size bracket, benchmarked here against 809 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Indiana (1,364th of 1,562), and 9,682nd of 11,911 in health care & social assistance. In 2025, employees put in $1.65 for every $1.00 the employer contributed; active participation has grown from 459 to 929 since 2023.

Plan summary
Net assets, end of year$2,445,055
Participants with balances808
Active participants929
Employer contributions$449,920
Employee contributions$744,071
Employer contribution per active participant$484
Average account balance$3,026
Benefits paid to participants$180,400
Plan auditUnmodified (clean) audit opinion
AuditorECP ACCOUNTING INC
Plan history3
Yearassets · accounts · employer contribution
2025$2.4M · 808 accts · $450K emplr
2024$1.1M · 683 accts · $318K emplr
2023$216K · 353 accts · $65K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$26,242
Total administrative$26,242
The Hometown Waiver Solutions LLC 401(k) match · 2025
Employer contribution per active participant$484
Median for plans this size$1,464
2025$484 per active participant
2024$408 per active participant
2023$142 per active participant

Hometown Waiver Solutions LLC's 2025 employer contribution ran below the $1,464 median for plans its size, in the bottom 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2025$26,242 · 1.48%
2024$6,327 · 0.96%
2023$99 · 0.05%
Similar plansHealth Care & Social Assistance · Indiana
Hillcroft Services Inc IN$2.9M · 0.77%
Synergy HR LLC IN$2.3M · 1.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823793785 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.