Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Home and Community Options, Inc. 401(k) Profit Sharing Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Home and Community Options, Inc · Minnesota · Healthcare & Social Assistance

What the 2023 filing shows

Home and Community Options, Inc. 401(k) Profit Sharing Plan holds $5M for 68 participants — about $75,524 per participant, down 10.4% over the 2022 plan year.

$5M
total plan assets (2022 EOY)
68
covered participants
$75,524
avg assets per participant
-10.4%
assets change YoY

The plan reported a net loss of $594K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$5M
Participants
68
State
Industry
Healthcare & Social Assistance

What the Filing Says About Home and Community Options, Inc. 401(k) Profit Sharing Plan

Home and Community Options, Inc. 401(k) Profit Sharing Plan is a Profit Sharing retirement plan sponsored by Home and Community Options, Inc, headquartered in Minnesota. As of the 2022 Form 5500 filing, the plan reports $5M in total end-of-year assets and covers 68 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 411855958, and the plan has been effective since 1986-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $6M at the beginning of 2022 to $5M at year-end — a decline of 10.4%. Net assets (after liabilities) closed the year at $5M, with reported net income of $-593,907 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$6M
Total Assets (End of Year)$5M
Net Assets (End of Year)$5M
Net Income$-593,907
Plan TypeProfit Sharing
Employer EIN411855958
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Home and Community Options, Inc)

Year Plans Participants Total Assets
2022 1 68 $5M
2023 1 66 $6M
2024 1 126 $6M

Nearby Profit Sharing Plans in Minnesota

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Home and Community Options, Inc. 401(k) Profit Sharing Plan?
As of the 2022 Form 5500 filing, Home and Community Options, Inc. 401(k) Profit Sharing Plan holds $5M in total assets with 68 participants. It is sponsored by Home and Community Options, Inc.
What type of plan is Home and Community Options, Inc. 401(k) Profit Sharing Plan?
Home and Community Options, Inc. 401(k) Profit Sharing Plan is a Profit Sharing plan. It has been effective since 1986-01-01. The plan is filed with the U.S. Department of Labor under EIN 411855958.
Who sponsors the Home and Community Options, Inc. 401(k) Profit Sharing Plan?
Home and Community Options, Inc. 401(k) Profit Sharing Plan is sponsored by Home and Community Options, Inc, located in Minnesota. The sponsor's EIN is 411855958 and the plan operates in the Healthcare & Social Assistance industry.
How did Home and Community Options, Inc. 401(k) Profit Sharing Plan perform in 2022?
Home and Community Options, Inc. 401(k) Profit Sharing Plan declined by 10.4% during 2022, moving from $6M to $5M in total assets. Net income was $-593,907.
Where can I find official filings for Home and Community Options, Inc. 401(k) Profit Sharing Plan?
Official Form 5500 filings for Home and Community Options, Inc. 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 411855958 or plan name at efast.dol.gov.
How does Home and Community Options, Inc. 401(k) Profit Sharing Plan compare to other plans?
You can compare Home and Community Options, Inc. 401(k) Profit Sharing Plan against other Profit Sharing plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 411855958.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.