Plan Ledger DOL Form 5500 · updated monthly

H&M Fashion USA, Inc.401(k)

H&M HENNES & MAURITZ 401K PLAN · SECAUCUS, NJ · plan year 2024

Reported admin expense ratio · 2024
0.11%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

H&M Fashion USA, Inc. reported $147,641 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $2,487 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio has held roughly steady near 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other retail trade employers. By assets it is the 284th-largest of 2,419 plans among New Jersey employers on file, and the 282nd of 5,215 in retail trade. In 2024, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$141,583,390
Participants with balances3,068
Active participants1,812
Employer contributions$4,507,245
Employee contributions$7,606,997
Employer contribution per active participant$2,487
Average account balance$46,148
Benefits paid to participants$11,131,350
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$141.6M · 3,068 accts · $4.5M emplr
2023$123.9M · 3,123 accts · $4.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$24,475
Investment management$113,063
Total administrative$147,641
The H&M Fashion USA, Inc. 401(k) match · 2024
Employer contribution per active participant$2,487
Median for plans this size$3,635
2024$2,487 per active participant
2023$749 per active participant

H&M Fashion USA, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$112,113
MORGAN STANLEY SMITH BARNEY LLCindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$147,641 · 0.11%
2023$129,896 · 0.12%
All plans at this employer2
H&M HENNES & MAURITZ 401K PLAN401(k)
H&M EMPLOYEE STOCK OWNERSHIP PLANESOP
Same employer
Similar plansRetail Trade · New Jersey
Sparc Group LLC NJ$341.8M · 0.20%
Party City Holdings Inc. NJ$284.9M · 0.31%
Suburban Propane L.P. NJ$254.0M · 0.19%
The Children's Place, Inc. NJ$129.9M · 0.19%
Village Super Market, Inc. NJ$105.9M · 0.16%
Saker Shoprites, Inc. NJ$105.9M · 0.10%
Glass Gardens Inc NJ$101.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 931778981 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.