Plan Snapshot
- Plan Sponsor: Hometown America Insurance Service, LLC
- Sponsor EIN: 364196688
- Sponsor Address: 110 N. WACKER DRIVE, SUITE 4500, CHICAGO, IL, 60606
- Plan Type: 401(k)
- Total Participants: 385
- Total Assets: $17.9M
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 | 385 | $17.9M | $326,141 | $1.8M |
| 2023 | 378 | $15.3M | $333,938 | $1.7M |
| 2022 | 356 | $13.0M | $326,451 | $1.6M |
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 |
|---|---|---|---|---|
| RETIREMENT PLAN CONCEPTS & SVCS | TPA | — | $7,840 | $7,840 |
| PORTE BROWN LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PORTE BROWN LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,840
- Estimated Expense Ratio: 0.044% 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 | $24,023 | — | $24,023 | — | — |
| 2023 | $19,501 | — | $19,501 | — | — |
| 2022 | $16,726 | — | $16,726 | — | — |