Plan Ledger DOL Form 5500 · updated monthly

Harris Associates L.P.401(k)

HARRIS ASSOCIATES L.P. PROFIT SHARING AND SAVINGS PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Harris Associates L.P. reported $44,208 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $30,350 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 0.016% to 0.021%. 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 322nd-largest of 3,702 plans among Illinois employers on file, and the 565th of 4,798 in finance & insurance. In 2024, the employer put in $1.86 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$209,075,566
Participants with balances349
Active participants230
Employer contributions$6,980,420
Employee contributions$3,745,991
Employer contribution per active participant$30,350
Average account balance$599,070
Benefits paid to participants$26,994,691
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$209.1M · 349 accts · $7.0M emplr
2023$204.3M · 334 accts · $6.2M emplr
2022$165.3M · 330 accts · $5.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,208
Total administrative$44,208
The Harris Associates L.P. 401(k) match · 2024
Employer contribution per active participant$30,350
Median for plans this size$3,635
2024$30,350 per active participant
2023$28,921 per active participant
2022$26,804 per active participant

Harris Associates L.P.'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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$75,241

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$44,208 · 0.02%
2023$40,367 · 0.02%
2022$28,787 · 0.02%
Same employer
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Modern Woodmen of America IL$250.5M · 0.01%
Calamos Investments LLC IL$232.9M · 0.01%
Hightower Holding, LLC IL$206.7M · 0.01%
Golub Capital LLC IL$193.4M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043276558 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.