How big is Homeworks Energy Inc.'s plan?

Homeworks Energy Inc.'s plan reported $6.4M in assets and 601 participants for 2024.

Original filing (PDF)20251015125000NAL0002319779001

Homeworks Energy Inc.

Name: Homeworks Energy Inc. — Homeworks Energy, Inc., Form 5500 (2024)
Creator: Homeworks Energy Inc.
License: https://www.usa.gov/government-works

Form 5500

FILING_RECEIVED

Homeworks Energy, Inc. 401(k) Plan

401(k) retirement plan · Homeworks Energy Inc.'s Homeworks Energy, Inc. 401(k) Plan held $6.4M in plan assets for 601 participants in 2024, with Vanguard as recordkeeper.

Signals · 2

Late participant contributionsCorrective distributions issued

Active participants

601

Accounts w/ balance

164

Plan assets (EOY)

$6.4M

Net assets (EOY)

$6.4M

People on this filing

JIT Lee Billings signed Homeworks Energy Inc.'s 2024 Form 5500 as plan administrator.

JIT Lee Billings — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Homeworks Energy Inc.'s EIN is 46-1283369.

EIN 46-1283369

Plan number 001

Plan year 2024

ACK ID 20251015125000NAL0002319779001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Homeworks Energy Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Homeworks Energy Inc.'s plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for HOMEWORKS ENERGY INC.

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How this plan invests

This plan

34 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score

Above-average plan

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool.

Compliance & integrity

Total plan cost

Plan health

Vendor & structure

100

Knocking points off

Delinquent participant contributions reported (Schedule H 4a) — 28K (2% of contributions).
Corrective distributions issued (likely failed ADP/ACP testing).
Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (4th percentile).

Helping the score

Below-peer total plan cost (88th percentile).

Plan sponsor

Name

HOMEWORKS ENERGY INC

EIN

all filings

Address

101 STATION LANDING · SUITE 110 · MEDFORD, MA · 02155

Phone

(781) 305-3319

Industry

Construction

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-15

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)

Service providers (Schedule C)

1 rows

Recordkeeper

Name	EIN	Location	Relation	Direct comp	Indirect comp
THE VANGUARD GROUP	23-1945930	—	RECORDKEEPER	$4K	—

Investments

34 direct securities· $6.4M(100% of reported assets)

Mutual Funds

$5.7M

29 holdings

Common Collective Trusts

$667K

4 holdings

Bonds / Notes

$92K

1 holding

					% of plan
Vanguard Target Retirement 2055 Fund Mutual Fund n/a	Mutual Funds	—	—	$898K	14.0%
Vanguard Target Retirement 2060 Fund Mutual Fund n/a	Mutual Funds	—	—	$745K	11.6%
Vanguard Target Retirement 2045 Fund Mutual Fund n/a	Mutual Funds	—	—	$587K	9.2%
Vanguard Target Retirement 2030 Fund Mutual Fund n/a	Mutual Funds	—	—	$442K	6.9%
Vanguard Target Retirement 2050 Fund Mutual Fund n/a	Mutual Funds	—	—	$439K	6.8%
Vanguard Growth Index Adm Mutual Fund n/a	Mutual Funds	—	—	$401K	6.2%
Vanguard 500 Index Adm Mutual Fund n/a	Common Collective Trusts	—	—	$392K	6.1%
Vanguard FTSE Social Index Adm Mutual Fund n/a	Mutual Funds	—	—	$356K	5.5%
Vanguard Target Retirement 2025 Fund Mutual Fund n/a	Mutual Funds	—	—	$306K	4.8%
Vanguard Target Retirement 2035 Fund Mutual Fund n/a	Mutual Funds	—	—	$282K	4.4%
Vanguard Total Stock Market Index Adm Mutual Fund n/a	Common Collective Trusts	—	—	$221K	3.4%
Vanguard Mid-Cap Growth Index Adm Mutual Fund n/a	Mutual Funds	—	—	$220K	3.4%
Vanguard Target Retirement 2040 Fund Mutual Fund n/a	Mutual Funds	—	—	$210K	3.3%
Vanguard Target Retirement 2065 Fund Mutual Fund n/a	Mutual Funds	—	—	$121K	1.9%
Vanguard Balanced Index Adm Mutual Fund n/a	Mutual Funds	—	—	$98K	1.5%
Participant Loans Participant Loans varies 4.25%-9.50% n/a -0-	Bonds / Notes	—	—	$92K	1.4%
Vanguard Mid-Cap Value Index Adm Mutual Fund n/a	Mutual Funds	—	—	$76K	1.2%
Vanguard Extended Market Index Adm Mutual Fund n/a	Mutual Funds	—	—	$67K	1.0%
Vanguard Global Equity Inv Mutual Fund n/a	Mutual Funds	—	—	$56K	0.9%
Vanguard Emerging Mkts Stock Idx Adm Mutual Fund n/a	Common Collective Trusts	—	—	$53K	0.8%
Vanguard Federal Money Market Inv Mutual Fund n/a	Mutual Funds	—	—	$50K	0.8%
Vanguard Small-Cap Value Index Adm Mutual Fund n/a	Mutual Funds	—	—	$49K	0.8%
Vanguard Small-Cap Index Adm Mutual Fund n/a	Mutual Funds	—	—	$47K	0.7%
Vanguard Small-Cap Growth Index Adm Mutual Fund n/a	Mutual Funds	—	—	$44K	0.7%
Vanguard International Growth Adm Mutual Fund n/a	Mutual Funds	—	—	$42K	0.7%
Vanguard Value Index Adm Mutual Fund n/a	Mutual Funds	—	—	$35K	0.5%
Vanguard Real Estate Index Adm Mutual Fund n/a	Mutual Funds	—	—	$33K	0.5%
Vanguard Total Bond Market Index Adm Mutual Fund n/a	Mutual Funds	—	—	$15K	0.2%
Vanguard Developed Mkts Index Adm Mutual Fund n/a	Mutual Funds	—	—	$13K	0.2%
Vanguard International Explorer Inv Mutual Fund n/a	Mutual Funds	—	—	$13K	0.2%
Vanguard Target Retirement 2070 Fund Mutual Fund n/a	Mutual Funds	—	—	$9K	0.1%
Vanguard Total Intl Stock Index Adm Mutual Fund n/a	Mutual Funds	—	—	$2K	<0.1%
Vanguard S-T Infl-Prot Sec Idx Adm Mutual Fund n/a	Common Collective Trusts	—	—	$1K	<0.1%
Vanguard Short-Term Bond Index Adm Mutual Fund n/a	Mutual Funds	—	—	$1K	<0.1%