Homefirst of Santa Clara 401(k) match, vesting and fees
What Homefirst of Santa Clara'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 | Nexus Administrators, Inc. | Schedule C ↗ |
| Independent auditor | Armanino LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 9,213 defined-contribution plans in professional, scientific, and technical services with 100 to 499 participants.
| Homefirst of Santa Clara: employer contribution per participant | $2,376 | |
| Peer median | $2,521 |
| Homefirst of Santa Clara: average balance | $19,887 | |
| Peer median | $75,833 |
| Homefirst of Santa Clara: admin expenses ÷ assets | 0.30% | |
| Peer median | 0.27% |
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 $1.7M at the end of plan year 2021 to $4.4M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 482 | $4.4M | $520K | $2,376 | 0.30% | Not published | Form 5500 ↗ |
| 2023 | 478 | $2.9M | $388K | $2,044 | 0.25% | Not published | Form 5500 ↗ |
| 2022 | 405 | $1.7M | $235K | $1,516 | 1.07% | Not published | Form 5500 ↗ |
| 2021 | 338 | $1.7M | $203K | $1,400 | 0.42% | Not published | Form 5500 ↗ |
Common questions
Does Homefirst of Santa Clara match 401(k) contributions?
The match terms for the Homefirst Services of Santa Clara 401(k) Profit Sharing Plan have not been published from its filing yet. The plan year 2024 filing reports $520K in employer contributions, about $2,376 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Homefirst of Santa Clara 401(k) match vested?
The vesting schedule for the Homefirst Services of Santa Clara 401(k) Profit Sharing Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Homefirst of Santa Clara 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Nexus Administrators, Inc.. The plan administrator is Homefirst of Santa Clara.
I left Homefirst of Santa Clara. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Homefirst of Santa Clara, (408) 539-2145) or the recordkeeper, Nexus Administrators, Inc.. The Homefirst of Santa Clara old 401(k) page lists the contacts from every plan filing. Find an old Homefirst of Santa Clara 401(k)
Data from the public Form 5500 annual reports Homefirst of Santa Clara 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 Homefirst of Santa Clara. Not financial advice. Report a correction · Methodology