Homespire Mortgage Corporation 401k Profit Sharing Plan And Tru — Form 5500 plan (Homespire Mortgage Corporation)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Homespire Mortgage Corporation 401k Profit Sharing Plan And Tru is a benefit plan reported by Homespire Mortgage Corporation under EIN 20-8279218 and plan number 001. The latest loaded filing year is 2023. The filing reports 397 participants and $10,989,784 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Homespire Mortgage Corporation
- EIN
- 20-8279218
- Plan number
- 001
- Plan type
- 2
- Location
- Gaithersburg, MD
- Latest filing year
- 2023
- Participants
- 397
- End-of-year plan assets
- $10,989,784
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 397 | H, C | 20240805050746NAL0000877809001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,989,784
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,989,784
- Net assets (BOY)
- $11,042,451
Income & contributions
- Participant contributions
- $1,019,241
- Total contributions
- $1,054,162
- Total income / additions
- $2,858,599
Expenses & distributions
- Benefits paid
- $2,745,232
- Administrative expenses
- $72,069
- Total expenses
- $2,911,266
- Net increase / (decrease)
- -$52,667
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $45,765 | $0 | 2023 |
| Ameriprise Financial | INVESTMENT/FINANCIAL ADVI | $26,303 | $0 | 2023 |