Plan Ledger DOL Form 5500 · updated monthly

Harting, Inc.401(k)

HARTING, INC. PROFIT SHARING 401(K) PLAN & TRUST · ELGIN, IL · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Harting, Inc. reported $82,004 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $4,334 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 0.37% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,606th-largest of 3,702 plans among Illinois employers on file, and the 969th of 3,341 in other services. In 2024, employees put in $1.84 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$22,326,022
Participants with balances233
Active participants185
Employer contributions$801,868
Employee contributions$1,472,387
Employer contribution per active participant$4,334
Average account balance$95,820
Benefits paid to participants$2,477,319
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.3M · 233 accts · $802K emplr
2023$19.1M · 236 accts · $796K emplr
2022$16.3M · 249 accts · $666K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$30,120
Investment management$51,884
Total administrative$82,004
The Harting, Inc. 401(k) match · 2024
Employer contribution per active participant$4,334
Median for plans this size$2,416
2024$4,334 per active participant
2023$4,421 per active participant
2022$3,417 per active participant

Harting, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
TRANSAMERICA RETIREMENT SOLUTIONS · Recordkeeping · Loan processing$30,121
UBS FINANCIAL SERVICES, INC. · Investment advisory (plan) · Consulting$51,884

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$82,004 · 0.40%
2023$68,276 · 0.39%
2022$65,472 · 0.37%
Same employer
Similar plansOther Services · Illinois
Trinity Services Inc. IL$23.6M · 0.04%
Million Dollar Round Table IL$22.2M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363548742 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.