Plan Ledger DOL Form 5500 · updated monthly

Harding Loevner LP401(k)

HARDING LOEVNER PROFIT SHARING THRIFT PLAN · BRIDGEWATER, NJ · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Harding Loevner LP reported $9,382 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $28,124 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 0.00% to 0.02%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 500th-largest of 2,419 plans among New Jersey employers on file, and the 1,422nd of 4,798 in finance & insurance. In 2024, the employer put in $1.35 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$62,037,313
Participants with balances140
Active participants116
Employer contributions$3,262,379
Employee contributions$2,412,165
Employer contribution per active participant$28,124
Average account balance$443,124
Benefits paid to participants$6,452,908
Plan auditUnmodified (clean) audit opinion
AuditorBELFINT, LYONS, SHUMAN CPA
Plan history3
Yearassets · accounts · employer contribution
2024$62.0M · 140 accts · $3.3M emplr
2023$56.3M · 144 accts · $2.0M emplr
2022$49.4M · 139 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,382
Total administrative$9,382
The Harding Loevner LP 401(k) match · 2024
Employer contribution per active participant$28,124
Median for plans this size$3,635
2024$28,124 per active participant
2023$16,239 per active participant
2022$15,999 per active participant

Harding Loevner LP's 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top 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 · 20241
ASCENSUS LLC · Contract administrator · Recordkeeping$9,382

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

Administrative cost history3
2024$9,382 · 0.02%
2023$2,150 · 0.00%
2022$880 · 0.00%
Same employer
Similar plansFinance & Insurance · New Jersey
Kearny Bank NJ$73.3M · 0.07%
Connectone Bank NJ$59.6M · 0.24%
Ubs Financial Services Inc. NJ$57.3M · 0.03%
Cross River Bank NJ$53.3M · 0.37%
Sagesure LLC NJ$50.3M · 0.43%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270684167 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.