Plan Ledger DOL Form 5500 · updated monthly

Homewerks Worldwide LLC401(k)

HOMEWERKS WORLDWIDE LLC 401(K) · LAKE BLUFF, IL · plan year 2024

Reported admin expense ratio · 2024
0.36%

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

Homewerks Worldwide LLC reported $28,320 in plan administrative expenses for 2024: 0.36% of average plan assets, below the peer median. Employer contributions averaged $4,130 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Illinois (2,513th of 3,702), and 3,098th of 4,246 in wholesale trade. In 2024, employees put in $1.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,702,518
Participants with balances155
Active participants164
Employer contributions$677,254
Employee contributions$692,920
Employer contribution per active participant$4,130
Average account balance$56,145
Benefits paid to participants$933,213
Plan auditUnmodified (clean) audit opinion
AuditorCASSELL PLAN AUDITS PC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,917
Investment management$14,403
Total administrative$28,320
The Homewerks Worldwide LLC 401(k) match · 2024
Employer contribution per active participant$4,130
Median for plans this size$1,313

Homewerks Worldwide LLC's 2024 employer contribution ran above the $1,313 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$14,191
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,917

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

Administrative cost history1
2024$28,320 · 0.36%
Same employer
Similar plansWholesale Trade · Illinois
Roman, Inc. IL$9.8M · 0.01%
Parent Petroleum, Inc. IL$8.9M · 0.75%
Mid-State Tank Co., Inc. IL$8.6M · 0.01%
Tri Star Metals, LLC IL$8.5M · 0.16%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205335670 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.