Home Federal Bank of Tennessee 401(k) match, vesting and fees
What Home Federal Bank of Tennessee's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Great-West Life & Annuity Insurance | Schedule C ↗ |
| Independent auditor | Brown, Jake & Mcdaniel, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Home Federal Bank of Tennessee: employer contribution per participant | $5,252 | |
| Peer median | $2,868 |
| Home Federal Bank of Tennessee: average balance | $194,201 | |
| Peer median | $95,281 |
| Home Federal Bank of Tennessee: admin expenses ÷ assets | <0.01% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $69.6M at the end of plan year 2021 to $75.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 403 | $75.4M | $2M | $5,252 | <0.01% | Not published | Form 5500 ↗ |
| 2023 | 420 | $65.7M | $1.9M | $4,741 | <0.01% | Not published | Form 5500 ↗ |
| 2022 | 431 | $58.3M | $1.8M | $4,273 | <0.01% | Not published | Form 5500 ↗ |
| 2021 | 433 | $69.6M | $1.7M | $4,008 | <0.01% | Not published | Form 5500 ↗ |
Other Home Federal Bank of Tennessee plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Home Federal Bank of Tennessee Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Pugh & Company, PC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Home Federal Bank of Tennessee match 401(k) contributions?
The match terms for the Home Federal Bank of Tennessee 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $2M in employer contributions, about $5,252 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Home Federal Bank of Tennessee 401(k) match vested?
The vesting schedule for the Home Federal Bank of Tennessee 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Home Federal Bank of Tennessee 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Great-West Life & Annuity Insurance. The plan administrator is Home Federal Bank of Tennessee.
I left Home Federal Bank of Tennessee. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Home Federal Bank of Tennessee, (865) 546-0330) or the recordkeeper, Great-West Life & Annuity Insurance. The Home Federal Bank of Tennessee old 401(k) page lists the contacts from every plan filing. Find an old Home Federal Bank of Tennessee 401(k)
Data from the public Form 5500 annual reports Home Federal Bank of Tennessee filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Home Federal Bank of Tennessee. Not financial advice. Report a correction · Methodology