Plan Snapshot
- Plan Sponsor: Homeland Vinyl Products, INC.
- Sponsor EIN: 631155229
- Sponsor Address: 3300 PINSON VALLEY PKWY, BIRMINGHAM, AL, 35217
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 209
- Total Assets: $650,086
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 209 | $650,086 | $3.6M | $1.4M |
| 2023 | 211 | $474,209 | $3.4M | $1.5M |
| 2022 | 226 | $310,393 | $2.9M | $1.5M |
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 |
|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD OF ALABAMA | Recordkeeper | $185,254 | — | $185,254 |
| UMR, INC. | Investment Advisor | $167,139 | — | $167,139 |
| THE HARRISON AGENCY LLC | Investment Advisor | $38,152 | — | $38,152 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $390,545
- Estimated Expense Ratio: 60.076% 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 | $536,598 | — | $536,598 | — | — |
| 2023 | $457,260 | — | $457,260 | — | — |
| 2022 | $370,431 | — | $370,431 | — | — |