Plan Ledger DOL Form 5500 · updated monthly

Hahn Loeser & Parks LLP401(k)

HAHN LOESER & PARKS LLP 401(K) PLAN · CLEVELAND, OH · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Hahn Loeser & Parks LLP reported $96,730 in plan administrative expenses for 2024: 0.17% of average plan assets, above the peer median. Employer contributions averaged $102 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 fell from 0.19% to 0.17%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 552nd-largest of 3,295 plans among Ohio employers on file, and the 2,331st of 11,654 in professional & technical services. In 2024, employees put in $114.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$61,342,519
Participants with balances363
Active participants273
Employer contributions$27,852
Employee contributions$3,179,408
Employer contribution per active participant$102
Average account balance$168,988
Benefits paid to participants$7,036,194
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$61.3M · 363 accts · $28K emplr
2023$53.8M · 366 accts · $30K emplr
2022$45.1M · 365 accts · $29K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$56,424
Investment management$40,306
Total administrative$96,730
The Hahn Loeser & Parks LLP 401(k) match · 2024
Employer contribution per active participant$102
Median for plans this size$3,635
2024$102 per active participant
2023$106 per active participant
2022$102 per active participant

Hahn Loeser & Parks LLP's 2024 employer contribution ran below the $3,635 median for plans its size, in the bottom quarter of its peers. 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 · 20242
JOHN HANCOCK · Recordkeeping · Loan processing$57,641
UBS FINANCIAL SERVICE INC.$39,116

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$96,730 · 0.17%
2023$92,840 · 0.19%
2022$88,474 · 0.19%
All plans at this employer3
HAHN LOESER & PARKS LLP 401(K) PLAN401(k)
HLP A PLANProfit-sharing plan
HLP B PLANProfit-sharing plan
Same employer
Similar plansProfessional & Technical Services · Ohio
Meaden & Moore, LLP OH$65.7M · 0.12%
Frontier Technology, Inc. OH$62.0M · 0.59%
Sierra Lobo, Inc. OH$61.7M · 0.28%
Therm-O-Disc, Inc OH$60.6M · 0.02%
The Smithers Group, Inc. OH$60.6M · 0.29%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340410308 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.