Plan Snapshot
- Plan Sponsor: Hoffman Homes, INC.
- Sponsor EIN: 232732296
- Sponsor Address: 815 ORPHANAGE ROAD, LITTLESTOWN, PA, 17340
- Plan Type: 403(b)
- Total Participants: 163
- Total Assets: $2.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 163 | $2.7M | $34,764 | $183,077 |
| 2023 | 178 | $2.4M | $25,412 | $133,396 |
| 2022 | 163 | $2.0M | $21,213 | $120,572 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SMITH ELLIOTT KEARNS & COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SMITH ELLIOTT KEARNS & COMPANY, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $24,419 | $2,804 | $21,615 | — | — |
| 2023 | $20,926 | $3,232 | $16,308 | — | — |
| 2022 | $23,306 | $2,476 | $20,335 | — | $495 |