Plan Snapshot
- Plan Sponsor: Homewerks Worldwide LLC
- Sponsor EIN: 205335670
- Sponsor Address: 55 ALBRECHT DRIVE, LAKE BLUFF, IL, 60044
- Plan Type: 401(k)
- Total Participants: 164
- Total Assets: $8.7M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 164 | $8.7M | $677,254 | $692,920 |
| 2023 | 107 | $7.0M | $287,048 | $582,599 |
| 2022 | 119 | $5.5M | $241,691 | $516,325 |
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 |
|---|---|---|---|---|
| CASSELL PLAN AUDITS PC | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $28,320 | $14,403 | — | — | — |
| 2023 | $737,795 | — | $23,261 | — | — |
| 2022 | $1,346,183 | — | $17,522 | — | — |