Homewise, Inc403(b)

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

Homewise, Inc reported $49,262 in plan administrative expenses for 2024: 0.53% of average plan assets, below the peer median. Employer contributions averaged $6,260 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 3 years on file its reported administrative ratio has held roughly steady near 0.53%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other other services employers. By assets it is the 140th-largest of 290 plans among New Mexico employers on file, and the 1,658th of 3,341 in other services. In 2024, the employer put in $1.06 for every $1.00 employees contributed themselves; active participation has shrunk from 120 to 100 since 2022.