Plan Snapshot
- Plan Sponsor: Homefirst Of Santa Clara
- Sponsor EIN: 942684272
- Sponsor Address: 507 VALLEY WAY, MILIPITAS, CA, 95035
- Plan Type: DC
- Total Participants: 431
- Total Assets: $4.4M
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 | 431 | $4.4M | $520,292 | $791,717 |
| 2023 | 424 | $2.9M | $388,344 | $601,460 |
| 2022 | 360 | $1.7M | $234,938 | $429,546 |
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 |
|---|---|---|---|---|
| NEXUS ADMINISTRATORS, INC. | TPA FEES | $9,575 | — | $9,575 |
| ARMANINO LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ARMANINO LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,575
- Estimated Expense Ratio: 0.220% of plan assets
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 | $10,997 | — | $10,997 | — | — |
| 2023 | $5,818 | $5,818 | — | — | — |
| 2022 | $18,140 | $18,140 | — | — | — |