Plan Ledger DOL Form 5500 · updated monthly

Harris & Harris, LTD.401(k)

HARRIS & HARRIS, LTD 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.30%

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

Harris & Harris, LTD. reported $43,547 in plan administrative expenses for 2024: 0.30% of average plan assets, above the peer median. Employer contributions averaged $1,129 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 0.35% to 0.30%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Illinois (1,968th of 3,702), and the 748th of 2,534 in administrative & support services. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 347 to 570 since 2022.

Plan summary
Net assets, end of year$15,436,333
Participants with balances320
Active participants570
Employer contributions$643,381
Employee contributions$1,343,191
Employer contribution per active participant$1,129
Average account balance$48,239
Benefits paid to participants$2,252,992
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & CO., LTD
Plan history3
Yearassets · accounts · employer contribution
2024$15.4M · 320 accts · $643K emplr
2023$13.6M · 267 accts · $565K emplr
2022$10.7M · 257 accts · $519K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,547
Total administrative$43,547
The Harris & Harris, LTD. 401(k) match · 2024
Employer contribution per active participant$1,129
Median for plans this size$2,416
2024$1,129 per active participant
2023$1,488 per active participant
2022$1,496 per active participant

Harris & Harris, LTD.'s 2024 employer contribution ran below the $2,416 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
ADP, INC. · Loan processing · Recordkeeping$43,547
ADP BROKER-DEALERindirect 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
2024ADP
2023ADP

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

Administrative cost history3
2024$43,547 · 0.30%
2023$43,413 · 0.36%
2022$42,291 · 0.35%
Same employer
Similar plansAdministrative & Support Services · Illinois
Skin Cure Oncology, LLC IL$20.2M · 0.07%
Jfm Enterprises, Inc. IL$16.7M · 0.22%
American Litho, Inc. IL$16.1M · 0.46%
Daniels Sharpsmart, Inc. IL$14.8M · 1.22%
Kimberly S Koch IL$13.8M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362650423 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.