Skip to content
Basic Capital
1 issue

Trusthome Services Corporation

93-4571319· Lake Havasu, AZ· 2024 filing· vs 5,130 plans your size in your industry
D
0/100
Overall grade

Below average. Several areas need attention.

C
Fees
estimated
F
Financial Wellness
F
Plan design
B
Compliance
Fees
Estimated · fees not public

We estimate 110 bps all-in for a plan this size, covering AUA, per-employee, and admin costs.

C
cheaper50th percentilepricier
Financial Wellness

Below-average savings. Employees put away $0/employee a year. That's less than 83% of similar plans.

F
lower17th percentilehigher
Plan design

Good base, but no automatic enrollment. That's the top thing to add.

F
Employer match
The plan matches employee contributions, the single strongest driver of participation and savings.
Profit sharing
The employer also makes profit-sharing contributions on top of the match.
No automatic enrollment
Employees have to opt in themselves. Auto-enrollment is the easiest way to lift participation, and most newly started plans are now required to include it.
Not safe harbor
The plan has to pass annual IRS nondiscrimination testing, which can cap what owners and higher earners are allowed to contribute.
Brokerage window
Employees can invest beyond the core fund menu through a self-directed brokerage account.
No Mega Backdoor Roth
High earners are capped at the standard contribution limit. A Mega Backdoor Roth lets them save well past it with after-tax dollars converted to Roth, and it's one of the most-requested features at competitive companies.
Compliance & health

1 item to review, nothing critical.

B
Fidelity bond below 10% of BOY assets, ERISA 412 violation
The plan's required insurance bond looks smaller than the 10% of assets the law requires. Easy to fix, but a clear gap until it is.
Compare

How does Trusthome Services Corporation stack up against another company?

Search a competitor to see the two report cards side by side.

Prefer to use your EIN?

Recordkeeper
Not identified

Key insights

  • Strongest area: compliance & health. 1 item to review, nothing critical.
  • Best place to improve: plan design. Good base, but no automatic enrollment. That's the top thing to add.
Ask about your plan
Grounded in your Form 5500 data
Live

Try asking:

Shift+Enter for new line · Enter to send