Retirement plan

HOMETRUST BANK KSOP PLAN

Name: HOMETRUST BANCSHARES, INC. - HOMETRUST BANK KSOP PLAN (2018) Form 5500
Creator: HOMETRUST BANCSHARES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HOMETRUST BANK KSOP PLAN, HOMETRUST BANCSHARES, INC.

HOMETRUST BANCSHARES, INC.EIN 56-0181785Plan #002PY 2018

10 WOODFIN STREET - ASHEVILLE, NC 288013022828-259-3939hometrustbancshares.comLinkedIn201-500 employees

Prospect flagsFailed to transmit contributionsCorrective distributions

Top hat statement on fileNQDC

Filed March 11, 2025 (most recent of 2 filings on file)

Plan administrator

Plan administrator name— Sign in and upgrade to view

10 Woodfin St

Asheville, NC 28801

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Plans declared (1)

HomeTrust Bank 2025 Deferred Compensation Plan63 emp

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Total assets (EOY)

$66.3M

+8.9% from 2017

Total participants

690

+7.5% from 2017

Average account balance

$98,031

+1.3% from 2017

Annual return

12.13%

-8.93 pp from 2017

Benchmarks

See 1,457 peers

Peer group

Industry52 - Finance and Insurance

Plan typeDefined contribution

Participants250-999

Cohort1,457 peers

Snapshot2018

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$90.84M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$122K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

745

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

99.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.08M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$9K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.71%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$260

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
PRINCIPAL LIFE INSURANCE COMPANY3+ years Service code 13 · EIN 42-0127290	Contract Administrator	$71,511
CAPFINANCIAL PARTNERS LLC1 year Service code 13 · EIN 26-0058143	Contract Administrator	$67,329

Plan features & details

Pension benefit codes2E2F2G2J2K2P2R2S2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2P
Leveraged ESOP
Employee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.

Opportunity flags

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$139K

$281 / participant

Contract admin$139K100.0%
Other / not subdivided$160.0%

% of EOY assets

0.210%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DIXON HUGHES GOODMAN LLP
Auditor EIN: 560747981
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$98,031

$80,005+22.5%

$140,019-30.0%

$55,725+75.9%

Participation rate

97.2%

87.0%+10.2pp

87.5%+9.7pp

70.9%+26.3pp

Annual return

12.13%

0.46%+11.7pp

651.17%-639.0pp

244.93%-232.8pp

Employer contribution / active EE

$2,835

$3,403-16.7%

$5,605-49.4%

$2,078+36.4%

Participant deferral / active EE

$4,368

$5,264-17.0%

$6,927-36.9%

$3,356+30.2%

Admin fee / account holder

$205

$116+77.6%

$10,705-98.1%

$115+78.3%

Provider

Service type

Compensation

PRINCIPAL LIFE INSURANCE COMPANY3+ years

Service code 13 · EIN 42-0127290

Contract Administrator

$71,511

CAPFINANCIAL PARTNERS LLC1 year

Service code 13 · EIN 26-0058143

Contract Administrator

$67,329

HOMETRUST BANK KSOP PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HOMETRUST BANK KSOP PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion