Home Point Financial Corporation Retirement Plan — Form 5500 plan (Home Point Capital Inc.)
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, Home Point Financial Corporation Retirement Plan is a benefit plan reported by Home Point Capital Inc. under EIN 90-1116426 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,929 participants and $1,932,714 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Home Point Capital Inc.
- EIN
- 90-1116426
- Plan number
- 001
- Plan type
- 2
- Location
- Ann Arbor, MI
- Latest filing year
- 2023
- Participants
- 1,929
- End-of-year plan assets
- $1,932,714
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,929 | H, C | 20241008160843NAL0017946817001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,932,714
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,932,714
- Net assets (BOY)
- $65,644,775
Income & contributions
- Employer contributions
- $469,200
- Participant contributions
- $2,703,475
- Total contributions
- $3,592,411
- Total income / additions
- $8,607,257
Expenses & distributions
- Benefits paid
- $71,925,974
- Administrative expenses
- $280,164
- Total expenses
- $72,319,318
- Net increase / (decrease)
- -$63,712,061
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $128,501 | $0 | 2023 |
| Alliant Retirement Services | ADVISOR | $86,510 | not reported in the loaded dataset | 2023 |
| Plante & Moran, Pllc | ACCOUNTANT/AUDITOR | $42,100 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $23,054 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Home Point Capital Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Ann Arbor, MI
- Fidelity Investments Institutional — Schedule C compensation
- Alliant Retirement Services — Schedule C compensation
- Plante & Moran, Pllc — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation