Plan Ledger DOL Form 5500 · updated monthly

Homexpress Mortgage Corp.401(k)

HOMEXPRESS MORTGAGE CORP. 401(K) PLAN · SANTA ANA, CA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Homexpress Mortgage Corp. reported $7,944 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,228 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 fell from 0.32% to 0.09%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in California (5,117th of 9,483), and 3,857th of 4,798 in finance & insurance. In 2024, employees put in $2.78 for every $1.00 the employer contributed; active participation has grown from 194 to 251 since 2022.

Plan summary
Net assets, end of year$11,364,363
Participants with balances259
Active participants251
Employer contributions$810,336
Employee contributions$2,252,393
Employer contribution per active participant$3,228
Average account balance$43,878
Benefits paid to participants$421,200
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.4M · 259 accts · $810K emplr
2023$7.1M · 213 accts · $499K emplr
2022$4.4M · $581K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$7,944
Total administrative$7,944
The Homexpress Mortgage Corp. 401(k) match · 2024
Employer contribution per active participant$3,228
Median for plans this size$1,313
2024$3,228 per active participant
2023$2,365 per active participant
2022$2,997 per active participant

Homexpress Mortgage Corp.'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
ADP, INC. · Loan processing · Recordkeeping$7,944
ADP BROKER-DEALERindirect comp

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

Recordkeeper by year2
2024ADP
2023ADP

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

Administrative cost history3
2024$7,944 · 0.09%
2023$20,700 · 0.36%
2022$12,297 · 0.32%
Same employer
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Sigue Corporation CA$11.6M · 0.52%
Veros Credit LLC CA$11.5M · 0.74%
Goal Investment Group, Inc. CA$11.4M · 0.08%
Montage Health CA$11.4M · 0.17%
Gitsit Solutions, LLC CA$10.9M · 0.01%
Ars National Services Inc. CA$10.8M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475349678 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.