Retirement plan

THE HOME DEPOT FUTUREBUILDER

Name: THE HOME DEPOT, INC. - THE HOME DEPOT FUTUREBUILDER (2024) Form 5500
Creator: THE HOME DEPOT, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE HOME DEPOT FUTUREBUILDER, THE HOME DEPOT, INC.

THE HOME DEPOT, INC.EIN 95-3261426Plan #001PY 2024

2455 PACES FERRY ROAD, SE, STE C-18 - ATLANTA, GA 30339770-384-5328homedepot.comLinkedIn10001+ employeesretail

Prospect flagsLow participationCorrective distributions

Top hat statement on fileNQDC

Filed March 24, 1995

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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How to read this page

Total assets (EOY)

$14149.7M

+12.4% from 2023

Total participants

439,390

-1.6% from 2023

Average account balance

$63,957

+12.2% from 2023

Annual return

13.57%

-3.42 pp from 2023

Benchmarks

See 108 peers

Peer group

Industry44 - Retail Trade

Plan typeDefined contribution

Participants>=10,000

Cohort108 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$14.15B

Not enough data

1 years with asset history on file

Average account balance

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

$64K

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.

221,237

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.

44.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$982.34M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$3K

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

+13.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$91

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

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Service providers

Top 8 by compensation

Provider	Service type	Compensation
ALIGHT SOLUTIONS LLC1 year Service code 15 · EIN 82-1061233	Recordkeeping	$9,107,123
ALIGHT SOLUTIONS LLC1 year Filed as: ALIGHT FINANCIAL ADVISORS, LLC Service code 26 · EIN 82-1061233	Advisory (Participants)	$8,241,118
NORTHERN TRUST COMPANY1 year Filed as: THE NORTHERN TRUST COMPANY Service code 21 · EIN 36-1561860	Bank Trustee	$1,329,601
SEPIRE LLC1 year Service code 15 · EIN 30-1111822	Recordkeeping	$646,637
AON CONSULTING1 year Filed as: AON INVESTMENTS USA, INC. Service code 16 · EIN 36-3109431	Consulting	$374,996
SMARTPATH, INC.1 year Service code 16 · EIN 37-1851490	Consulting	$215,000
SMITH, GAMBRELL & RUSSELL, LLP1 year Filed as: SMITH, GAMBRELL & RUSSELL LLP Service code 29 · EIN 58-0967450	Legal	$137,806
CHARLES SCHWAB & CO., INC.1 year Service code 33 · EIN 94-1737782	Other investment fees and expenses; F...	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2O2R2T3H

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.
2O
ESOP other than a leveraged ESOP
Employee stock ownership plan that is not leveraged.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$20.1M

$51 / participant

Trustee / custodial$1M6.6%
Investment mgmt$862K4.3%
Legal$138K0.7%
Contract admin$18M88.3%
Other / not subdivided$15K0.1%

% of EOY assets

0.142%

all-in expense ratio

Categories reported

4 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KPMG LLP
Auditor EIN: 135565207
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$63,957

$57,150+11.9%

$93,696-31.7%

$106,553-40.0%

Participation rate

44.3%

49.1%-4.8pp

68.7%-24.4pp

69.8%-25.5pp

Annual return

13.57%

15.81%-2.2pp

133.74%-120.2pp

17.37%-3.8pp

Employer contribution / active EE

$691

$1,015-31.9%

$2,422-71.5%

$3,359-79.4%

Participant deferral / active EE

$1,818

$1,853-1.9%

$4,417-58.8%

$5,562-67.3%

Admin fee / account holder

$91

$64+41.0%

$8,287-98.9%

$80+13.9%

Provider

Service type

Compensation

ALIGHT SOLUTIONS LLC1 year

Service code 15 · EIN 82-1061233

Recordkeeping

$9,107,123

ALIGHT SOLUTIONS LLC1 year

Filed as: ALIGHT FINANCIAL ADVISORS, LLC

Service code 26 · EIN 82-1061233

Advisory (Participants)

$8,241,118

NORTHERN TRUST COMPANY1 year

Filed as: THE NORTHERN TRUST COMPANY

Service code 21 · EIN 36-1561860

Bank Trustee

$1,329,601

SEPIRE LLC1 year

Service code 15 · EIN 30-1111822

Recordkeeping

$646,637

AON CONSULTING1 year

Filed as: AON INVESTMENTS USA, INC.

Service code 16 · EIN 36-3109431

Consulting

$374,996

SMARTPATH, INC.1 year

Service code 16 · EIN 37-1851490

Consulting

$215,000

SMITH, GAMBRELL & RUSSELL, LLP1 year

Filed as: SMITH, GAMBRELL & RUSSELL LLP

Service code 29 · EIN 58-0967450

Legal

$137,806

CHARLES SCHWAB & CO., INC.1 year

Service code 33 · EIN 94-1737782

Other investment fees and expenses; F...

THE HOME DEPOT FUTUREBUILDER

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE HOME DEPOT FUTUREBUILDER

Top hat statement on fileNQDC

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