401(k)
2022 plan-year 401(k) DOL Form 5500

Home Telephone Company 401(k) and Retirement Plan

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

Sponsored by Home Telephone Company, Inc. · South Carolina · Information & Media

What the 2023 filing shows

Home Telephone Company 401(k) and Retirement Plan holds $39M for 208 participants — about $185,603 per participant, down 27.9% over the 2022 plan year.

$39M
total plan assets (2022 EOY)
208
covered participants
$185,603
avg assets per participant
-27.9%
assets change YoY

The plan reported a net loss of $15M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$39M
Participants
208
Industry
Information & Media

What the Filing Says About Home Telephone Company 401(k) and Retirement Plan

Home Telephone Company 401(k) and Retirement Plan is a 401(k) retirement plan sponsored by Home Telephone Company, Inc., headquartered in South Carolina. As of the 2022 Form 5500 filing, the plan reports $39M in total end-of-year assets and covers 208 participants across the Information & Media industry. The sponsor's EIN on file with the U.S. Department of Labor is 570339548, and the plan has been effective since 1987-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $54M at the beginning of 2022 to $39M at year-end — a decline of 27.9%. Net assets (after liabilities) closed the year at $39M, with reported net income of $-14,944,227 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)$54M
Total Assets (End of Year)$39M
Net Assets (End of Year)$39M
Net Income$-14,944,227
Plan Type401(k)
Employer EIN570339548
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Home Telephone Company, Inc.)

Year Plans Participants Total Assets
2022 1 208 $39M
2023 1 229 $44M
2024 1 232 $47M

Nearby 401(k) Plans in South Carolina

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Home Telephone Company 401(k) and Retirement Plan?
As of the 2022 Form 5500 filing, Home Telephone Company 401(k) and Retirement Plan holds $39M in total assets with 208 participants. It is sponsored by Home Telephone Company, Inc..
What type of plan is Home Telephone Company 401(k) and Retirement Plan?
Home Telephone Company 401(k) and Retirement Plan is a 401(k) plan. It has been effective since 1987-01-01. The plan is filed with the U.S. Department of Labor under EIN 570339548.
Who sponsors the Home Telephone Company 401(k) and Retirement Plan?
Home Telephone Company 401(k) and Retirement Plan is sponsored by Home Telephone Company, Inc., located in South Carolina. The sponsor's EIN is 570339548 and the plan operates in the Information & Media industry.
How did Home Telephone Company 401(k) and Retirement Plan perform in 2022?
Home Telephone Company 401(k) and Retirement Plan declined by 27.9% during 2022, moving from $54M to $39M in total assets. Net income was $-14,944,227.
Where can I find official filings for Home Telephone Company 401(k) and Retirement Plan?
Official Form 5500 filings for Home Telephone Company 401(k) and Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 570339548 or plan name at efast.dol.gov.
How does Home Telephone Company 401(k) and Retirement Plan compare to other plans?
You can compare Home Telephone Company 401(k) and Retirement Plan against other 401(k) plans on the plan type page, or view plans in South Carolina 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 570339548.

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.