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Original filing (PDF)20260114150845NAL0006415043001
DEVELOPMENT HOMES, INC.
Form 5500
FILING_RECEIVED
DEVELOPMENT HOMES, INC. 401(K) PLAN
401(k) retirement plan
Active participants
416
Accounts w/ balance
446
Plan assets (EOY)
$14.5M
Net assets (EOY)
$14.5M
How this plan invests
This plan
5 pooled trusts
Schedule D
28 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
95
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
80
Vendor stack
100
Participation health
100
Knocking points off
- 38 bps in Schedule C fees — modestly above peer band of 29 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for DEVELOPMENT HOMES, INC..
Plan sponsor
Name
DEVELOPMENT HOMES, INC.
EIN
45-0322736
Address
225 E. HIGHWAY 121 · SUITE 100 · COPPELL, TX · 75019
Phone
(701) 335-4000
Industry
Health Care & Social Assistancesee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-07-01
Tax period
2025-06-30
Filed
2026-01-14
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
BRADY MARTZ
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
1 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ALERUS FINANCIAL, N.A. | 45-6062081 | — | TRUSTEE AND RECORDKEEPER | $56K | — |
Investments
24 direct securities · 5 pooled funds· $14.1M(97% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$10.7M
24 holdings
Common Collective Trust
$3.5M
5 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| American Funds 2050 Target Date Mutual Fund | — | — | — | $3.1M | 21.0% | |
| ALERUS AGGRESSIVE GROWTH ALERUS FINANCIAL, N.A. · EIN 45-0417057 / PN 009 | Common Collective Trust | — | — | $2.7M | 18.5% | |
| American Funds 2025 Target Date Mutual Fund * 27 American Funds 2030 Target Date Mutual Fund | — | — | — | $1.6M | 11.2% | |
| American Funds 2060 Target Date Mutual Fund | — | — | — | $1.2M | 8.3% | |
| International Growth II Mutual Fund | — | — | — | $1.1M | 7.8% | |
| ALERUS MODERATE GROWTH ALERUS FINANCIAL, N.A. · EIN 45-0417057 / PN 008 | Common Collective Trust | — | — | $751K | 5.2% | |
| Dodge & COX Income Mutual Fund | — | — | — | $601K | 4.1% | |
| American Funds 2040 Target Date Mutual Fund | — | — | — | $569K | 3.9% | |
| Alerus Money Market Money Market | — | — | — | $500K | 3.4% | |
| American Funds 2020 Target Date Mutual Fund | — | — | — | $394K | 2.7% | |
| Vanguard Total Bond Market Index Mutual Fund | — | — | — | $368K | 2.5% | |
| with Various Maturities - | — | — | — | $346K | 2.4% | |
| Fidelity 500 Index Mutual Fund | — | — | — | $215K | 1.5% | |
| DFA US Target Value Port Mutual Fund | — | — | — | $176K | 1.2% | |
| Fidelity Adv Equity Growth Mutual Fund | — | — | — | $106K | 0.7% | |
| American Funds 2055 Target Date Mutual Fund | — | — | — | $69K | 0.5% | |
| Vanguard Emerging Mkts Stock Index Mutual Fund | — | — | — | $63K | 0.4% | |
| Fidelity Mid Cap Index Mutual Fund | — | — | — | $47K | 0.3% | |
| ALERUS CONSERVATIVE GROWTH ALERUS FINANCIAL, N.A. · EIN 45-0417057 / PN 007 | Common Collective Trust | — | — | $45K | 0.3% | |
| Vanguard Explorer Mutual Fund * 74 Vanguard Small Cap Index Mutual Fund | — | — | — | $41K | 0.3% | |
| JPMorgan Mid Cap Growth Mutual Fund * 106 MFS Mid Cap Value Mutual Fund | — | — | — | $37K | 0.3% | |
| Vanguard Equity Income Mutual Fund | — | — | — | $33K | 0.2% | |
| Fidelity International Index Mutual Fund | — | — | — | $32K | 0.2% | |
| Cohen & Steers Reality Mutual Fund | — | — | — | $26K | 0.2% | |
| American Funds 2035 Target Date Mutual Fund | — | — | — | $10K | <0.1% | |
| American Funds 2065 Target Date Mutual Fund | — | — | — | $6K | <0.1% | |
| ALERUS MODERATE INCOME ALERUS FINANCIAL, N.A. · EIN 45-0417057 / PN 006 | Common Collective Trust | — | — | $2K | <0.1% | |
| American Funds 2045 Target Date Mutual Fund | — | — | — | $2K | <0.1% | |
| ALERUS CONSERVATIVE INCOME ALERUS FINANCIAL, N.A. · EIN 45-0417057 / PN 005 | Common Collective Trust | — | — | $105 | <0.1% |