Plan Ledger DOL Form 5500 · updated monthly

Haug Partners LLP401(k)

HAUG PARTNERS LLP 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Haug Partners LLP reported $42,923 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $10,926 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 0.02% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,289th-largest of 5,648 plans among New York employers on file, and the 2,580th of 11,654 in professional & technical services. In 2024, employees put in $1.43 for every $1.00 the employer contributed; active participation has shrunk from 83 to 69 since 2022.

Plan summary
Net assets, end of year$54,592,350
Participants with balances170
Active participants69
Employer contributions$753,907
Employee contributions$1,075,256
Employer contribution per active participant$10,926
Average account balance$321,131
Benefits paid to participants$8,404,305
Plan auditUnmodified (clean) audit opinion
AuditorBORIS BENIC AND ASSOCIATES LLP
Plan history3
Yearassets · accounts · employer contribution
2024$54.6M · 170 accts · $754K emplr
2023$52.7M · 202 accts · $941K emplr
2022$44.7M · 190 accts · $872K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,766
Investment management$21,227
Trustee / custodial$2,930
Total administrative$42,923
The Haug Partners LLP 401(k) match · 2024
Employer contribution per active participant$10,926
Median for plans this size$3,635
2024$10,926 per active participant
2023$11,076 per active participant
2022$10,503 per active participant

Haug Partners LLP'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 · 20242
SENTINEL BENEFITS GROUP LLC · Recordkeeping$17,214
SENTINEL PENSION ADVISORS · Investment advisory (plan)$21,227

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

Recordkeeper by year2
2024Sentinel Group
2023Voya

This plan has changed recordkeepers within these filings. If you left Haug Partners LLP before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$42,923 · 0.08%
2023$10,923 · 0.02%
2022$11,055 · 0.02%
Similar plansProfessional & Technical Services · New York
Sia Partners US, Inc. NY$55.7M · 0.03%
Kitware, Inc. NY$55.4M · 0.02%
Luxoft USA, Inc. NY$53.5M · 0.31%
Cheil USA Inc. NY$53.2M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133963911 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.