Plan Snapshot
- Plan Sponsor: Homeward, INC.
- Sponsor EIN: 320594976
- Sponsor Address: 1007 S. CONGRESS, BUILDING 9, AUSTIN, TX, 78704
- Plan Type: 401(k)
- Total Participants: 226
- Total Assets: $5.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 226 | $5.9M | $160,501 | $877,530 |
| 2023 | 216 | $5.1M | $231,950 | $1.1M |
| 2022 | 308 | $4.2M | $325,785 | $1.3M |
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 |
|---|---|---|---|---|
| VOYA RETIREMENT INSURANCE & ANNUITY | SERVICE PROVIDER | $31,939 | $46 | $31,985 |
| NFP RETIREMENT INC | SERVICE PROVIDER | $425 | $17,148 | $17,573 |
| ARMANINO LLP | AUDITOR | $13,781 | — | $13,781 |
| SCOTT MILLER CPA & ASSOCIATES INC. | AUDITOR | $12,000 | — | $12,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- NFP RETIREMENT INC — SERVICE PROVIDER
- ARMANINO LLP — AUDITOR
- SCOTT MILLER CPA & ASSOCIATES INC. — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $75,339
- Estimated Expense Ratio: 1.270% 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 | $59,073 | $966 | $31,351 | — | — |
| 2023 | $45,021 | $574 | $28,384 | — | — |
| 2022 | $10,937 | — | — | — | — |