Plan Snapshot
- Plan Sponsor: Homeguard, Incorporated
- Sponsor EIN: 770187837
- Sponsor Address: 510 MADERA AVENUE, SAN JOSE, CA, 95112
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 138
- Total Assets: $1.4M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 138 | $1.4M | $64,873 | $281,024 |
| 2023 | 145 | $999,855 | $0 | $265,925 |
| 2022 | 174 | $741,843 | $0 | $331,731 |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE | Recordkeeper | $21,103 | — | $21,103 |
| PLAN DESIGN CONSULTANTS, INC. | Recordkeeper | $6,906 | $578 | $7,484 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,587
- Estimated Expense Ratio: 2.035% 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 | $28,006 | — | $28,006 | — | — |
| 2023 | $22,382 | — | $22,382 | — | — |
| 2022 | $22,607 | — | $22,607 | — | — |