Plan Snapshot
- Plan Sponsor: Homeowners Financial Group
- Sponsor EIN: 200640473
- Sponsor Address: 4800 N. SCOTTSDALE ROAD, SCOTTSDALE, AZ, 85251
- Plan Type: 401(k)
- Total Participants: 266
- Total Assets: $23.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 266 | $23.2M | $0 | $2.1M |
| 2023 | 321 | $22.7M | $0 | $2.6M |
| 2022 | 358 | $20.5M | $1.5M | $4.1M |
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 |
|---|---|---|---|---|
| MANSPERGER PATTERSON & MCMULLIN PLC | Auditor | $15,500 | — | $15,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,500
- Estimated Expense Ratio: 0.067% 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 | $123,053 | $50,000 | $57,553 | $15,500 | — |
| 2023 | $106,188 | $50,000 | $56,188 | — | — |
| 2022 | $110,352 | $49,271 | $61,081 | — | — |