Plan Ledger DOL Form 5500 · updated monthly

Homewood Disposal Service, Inc.401(k)

HOMEWOOD DISPOSAL SERVICE, INC. 401(K) PROFIT SHARING PLAN · HOMEWOOD, IL · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Homewood Disposal Service, Inc. reported $224,603 in plan administrative expenses for 2024: 0.40% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,584 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 0.37% to 0.40%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other administrative & support services employers. By assets it is the 784th-largest of 3,702 plans among Illinois employers on file, and the 257th of 2,534 in administrative & support services. In 2024, employees put in $2.36 for every $1.00 the employer contributed; active participation has grown from 603 to 667 since 2022.

Plan summary
Net assets, end of year$61,616,070
Participants with balances446
Active participants667
Employer contributions$1,056,335
Employee contributions$2,498,009
Employer contribution per active participant$1,584
Average account balance$138,153
Benefits paid to participants$2,103,842
Plan auditUnmodified (clean) audit opinion
AuditorCASSELL PLAN AUDITS, P.C.
Plan history3
Yearassets · accounts · employer contribution
2024$61.6M · 446 accts · $1.1M emplr
2023$52.0M · 433 accts · $934K emplr
2022$43.7M · 418 accts · $786K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$224,603
Total administrative$224,603
The Homewood Disposal Service, Inc. 401(k) match · 2024
Employer contribution per active participant$1,584
Median for plans this size$3,635
2024$1,584 per active participant
2023$1,478 per active participant
2022$1,303 per active participant

Homewood Disposal Service, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$224,602
OSAIC WEALTH INC · Other servicesindirect comp
WOODBURY FINANCIAL SERVICES · Other servicesindirect comp

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

Administrative cost history3
2024$224,603 · 0.40%
2023$191,968 · 0.40%
2022$183,227 · 0.37%
Same employer
Similar plansAdministrative & Support Services · Illinois
Transworld Systems Inc. IL$101.4M · 0.36%
Mariani Enterprises LLC IL$71.1M · 0.31%
Afni, Inc. IL$64.0M · 0.13%
Entact, LLC IL$52.9M · 0.29%
Medhq, LLC IL$45.4M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363519935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.