Home Point Financial Corporation 401(k) Plan (terminated 2017): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2017, when $22.2 million was transferred out of the plan. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Home Point Financial Corporation 401(k) Plan Facts (plan year 2017)

Plan name
STONEGATE MORTGAGE CORPORATION 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
HOME POINT FINANCIAL CORPORATION
Participants
1,305
Former employees with a balance
0
Employer contributions
$722,831 in plan year 2017 (16% of all contributions)
Plan year
Jan 1, 2017 – Dec 31, 2017
Plan established
Jan 1, 2007
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2017 (Jan 1, 2017 – Dec 31, 2017), filed Sep 11, 2018. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2017

  • $4.48 million went into the plan in contributions, $722,831 of it from the employer (16%).
  • $7.65 million was paid out to participants.
  • Investment and other income added $3.74 million.

How the Home Point Financial Corporation 401(k) changed, 2012–2017

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2012116$1.81 million$352,250$66,028
2013225$6.01 million$1.05 million$174,080
2014969$11.5 million$2.30 million$1.71 million
20151,285$18.8 million$3.05 million$3.38 million
20161,813$21.7 million$1.77 million$4.89 million
2017 (final)1,305$0$722,831$7.65 million

Home Point Financial Corporation 401(k) Contact Information

Phone
317-663-5100
Mailing address
1194 OAK VALLEY DR STE 80, ANN ARBOR MI 481088942
Plan sponsor
HOME POINT FINANCIAL CORPORATION
Employer identification number (EIN)
34-1194858
Plan number
001

Questions about the Home Point Financial Corporation 401(k)

Is the Home Point Financial Corporation 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2017.

Does Home Point Financial Corporation contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2017 the employer contributed $722,831, 16% of all contributions.

Does the Home Point Financial Corporation 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Home Point Financial Corporation 401(k) plan?

1,305 participants at the start of plan year 2017.

Who manages the Home Point Financial Corporation 401(k) accounts?

Principal is the plan's recordkeeper, which is where participants log in to see their balance.

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