Homestead Funding Corp. 401(K) Plan — Form 5500 plan (Homestead Funding Corp.)
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, Homestead Funding Corp. 401(K) Plan is a benefit plan reported by Homestead Funding Corp. under EIN 14-1770243 and plan number 001. The latest loaded filing year is 2023. The filing reports 408 participants and $35,113,674 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Homestead Funding Corp.
- EIN
- 14-1770243
- Plan number
- 001
- Plan type
- 2
- Location
- Albany, NY
- Latest filing year
- 2023
- Participants
- 408
- End-of-year plan assets
- $35,113,674
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 408 | H, C | 20240910083921NAL0005434433001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $35,113,674
- Total liabilities (EOY)
- $1,067
- Net assets (EOY)
- $35,112,607
- Net assets (BOY)
- $30,939,961
Income & contributions
- Employer contributions
- $420,914
- Participant contributions
- $1,897,146
- Total contributions
- $2,347,102
- Total income / additions
- $7,400,313
Expenses & distributions
- Benefits paid
- $3,155,864
- Administrative expenses
- $6,666
- Total expenses
- $3,227,667
- Net increase / (decrease)
- $4,172,646
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Nationwide Trust Company | NONE | $88,843 | $11,511 | 2023 |
| Morgan Stanley Smith Barney, LLC | NONE | not reported in the loaded dataset | $59,219 | 2023 |
| Iron-Co-Fid-3(21) | NONE | $6,641 | not reported in the loaded dataset | 2023 |