401(k) · DOL Form 5500 · 2023

Homeward Bound, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
275
Participants Below avg headcount
54th
Percentile by assets National rank
$29,859
Avg per participant Low balance/head
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Official DOL plan name: Homeward Bound, Inc. 403(b) Retirement Savings Plan · Sponsored by Homeward Bound, Inc. · Minnesota · Healthcare & Social Assistance

$8M in assets, 275 participants

Homeward Bound, Inc.'s Homeward Bound, Inc. 403(b) Retirement Savings Plan reported $8M in total assets and 275 participants in its 2023 DOL Form 5500 filing, ranking in the 54th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #10,593 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Homeward Bound, Inc. 403(b) Retirement Savings Plan covers 275 participants in Minnesota, about 24% of the average Minnesota filer (state average ~1,126 per filing). Assets: $8M.

#10,593
in Healthcare & Social Assistance (17,684 peers)
-15.8%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Homeward Bound, Inc. 403(b) Retirement Savings Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Homeward Bound, Inc. 403(b) Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$8,211,158 Top 46% higher than 54% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Homeward Bound, Inc. 403(b) Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Homeward Bound, Inc. 403(b) Retirement Savings Plan sits mid-pack in the medium band (275 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Homeward Bound, Inc. 403(b) Retirement Savings Plan end-of-year assets fell from $10M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Homeward Bound, Inc. 403(b) Retirement Savings Plan reported participants fell from 301 in the plan year 2022 filing to 275 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 411223085 · Homeward Bound, Inc. PY 2023 · 401(k)

Homeward Bound, Inc. 403(b) Retirement Savings Plan · $8M · 275 · 54th

  • EOY $8M
  • 5500 275
  • ASSETS 54th
  • PCT 401(k)
  • EIN near Vigyan, Inc. 401(k) Plan
  • RANK ind #10593

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Minnesota →

Homeward Bound, Inc. 403(b) Retirement Savings Plan in the asset neighbourhood

Homeward Bound, Inc. 403(b) Retirement Savings PlanHomeward Bound, Inc. 403(b) …$8MVigyan, Inc. 401(k) Plan$8MCti 401(k) Savings Plan$8MFirstbank 401(k) Plan$8MArley Wholesale, Inc. 401(k) Profit Sharing PlanArley Wholesale, Inc. 401(k)…$8M
End-of-year total assets ($M) among Homeward Bound, Inc. 403(b) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$8M
Net Income-$2M
Employer EIN411223085
Plan Effective Date1976-08-02
Filing StatusFILING RECEIVED

Sponsor Plan History (Homeward Bound, Inc.)

Sponsor-wide plan assets over time

All Homeward Bound, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 8.140421045834104% vs 2022
2024 filing year
$8M$8.5M$9M$9.5M$10M 202220232024 $9.76M $8.96M ▼ -8.2%
Year Plans Participants Total Assets
2022 1 301 $10M
2023 1 275 $8M
2024 1 248 $9M

Nearby 401(k) Plans in Minnesota

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

Homeward Bound, Inc. 403(b) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Homeward Bound, Inc. 403(b) Retirement Savings Plan, Total assets ($B): 0.008211158 · Participants: 275Homeward Bound, Inc. 403(b) Retirement Savings PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Homeward Bound, Inc. 403(b) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Homeward Bound, Inc. 403(b) Retirement Savings Plan side-by-side with 3 peers →

Homeward Bound, Inc. 403(b) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Vigyan, Inc. 401(k) Plan in VA ($8M); by covered participants it is Centrus Savings Program in MD (275 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (275 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Homeward Bound, Inc. 403(b) Retirement Savings Plan assets move in 2023? ▼
Homeward Bound, Inc. 403(b) Retirement Savings Plan declined sharply - down 15.8% during 2023, from $10M to $8M. Reported net income was -$2M.
How have Homeward Bound, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Homeward Bound, Inc.'s sponsor-wide assets declined 8.1%, from $10M to $9M.
Which 401(k) plans are similar in size to Homeward Bound, Inc. 403(b) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Vigyan, Inc. 401(k) Plan in VA ($8M, 22 participants).
Which 401(k) plans cover a similar participant headcount to Homeward Bound, Inc. 403(b) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Centrus Savings Program in MD (275 participants, $198M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411223085.

Read our methodology - how this data is sourced, computed, and verified.

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