Plan Ledger DOL Form 5500 · updated monthly

Hal Leonard LLC401(k)

HAL LEONARD LLC DEFERRED COMPENSATION PROFIT SHARING PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.26%

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

Hal Leonard LLC reported $133,083 in plan administrative expenses for 2024: 0.26% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,812 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 rose from 0.23% to 0.26%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other information & media employers. By assets it is the 392nd-largest of 1,936 plans among Wisconsin employers on file, and the 487th of 2,199 in information & media. In 2024, employees put in $3.30 for every $1.00 the employer contributed; active participation has shrunk from 364 to 296 since 2022.

Plan summary
Net assets, end of year$53,968,142
Participants with balances537
Active participants296
Employer contributions$536,267
Employee contributions$1,768,755
Employer contribution per active participant$1,812
Average account balance$100,499
Benefits paid to participants$4,727,694
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$54.0M · 537 accts · $536K emplr
2023$49.9M · 532 accts · $655K emplr
2022$47.2M · 560 accts · $643K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$71,475
Investment management$61,608
Total administrative$133,083
The Hal Leonard LLC 401(k) match · 2024
Employer contribution per active participant$1,812
Median for plans this size$3,635
2024$1,812 per active participant
2023$2,079 per active participant
2022$1,767 per active participant

Hal Leonard LLC'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 · 20243
ONEAMERICA RETIREMENT SERVICES LLC · Recordkeeping · Loan processing$71,475
THE HAYS FINANCIAL GROUP · Consulting · Investment advisory (plan)$61,608
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$133,083 · 0.26%
2023$130,997 · 0.27%
2022$122,872 · 0.23%
Same employer
Similar plansInformation & Media · Wisconsin
Alta Resources Corp. WI$66.2M · 0.46%
Television Wisconsin, Inc. WI$61.8M · 0.36%
Esker, Inc. WI$41.0M · 0.01%
Convergent Science Inc WI$21.4M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 391776304 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.