Department of Labor filing

PLANET HOME LENDING, LLC

PLANET HOME LENDING, LLC PROFIT SHARING PLAN & TRUST · For the plan year ended Dec 31, 2024

Public filing 2024 · received Oct 13, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

28filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support

$1,081

Reported employer contributions per active participant.

Higher than about 14% of comparable plans

#People in the filing

1,287

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$128 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 59% of comparable plans

↗Investment performance

Not available

Plan assets changed 24.0%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202428out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions14th percentileTypical peer $1,972 · based on 21 comparable plans

Lower reported administrative expense59th percentileTypical peer $132 · based on 22 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, PLANET HOME LENDING, LLC reported $1,391,882 in employer contributions across the plan and 1,287 active participants. That works out to $1,081 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy84%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 0.4%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 24.1%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context28/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $1,391,882
Participant contributions: $7,303,162
Other contributions: $1,863,567
Employer share of reported contributions: 16.0%
Beginning assets: $46,691,680
Ending assets: $57,900,383
Ending net assets: $57,900,383
Ending liabilities: $0
Total income: $16,987,549
Total expenses: $5,778,846
Administrative expenses: $174,157
Participant loans: $1,999,068

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$1,086

2023

$1,234

2024

$1,081

Plan-paid administrative expenses per participant

2022

$103

2023

$111

2024

$128

Active participants

2022

1,217

2023

1,078

2024

1,287

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,081	1,287	57.9M	20251013134638NAL0000670467001
2023	$1,234	1,078	46.7M	20240731142630NAL0021672369001
2022	$1,086	1,217	35.6M	20230802115948NAL0010291811001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 3.5%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 260362771-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 2016
Industry: Finance and insurance
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2K2T3B2A2E2F2G2J3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
FIDELITY INVESTMENTS INSTITUTIONAL	2024	Not reported	unknown

Current plan terms

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Filing ACK_ID20251013134638NAL0000670467001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗