Plan Ledger DOL Form 5500 · updated monthly

Headlands Tech Organization, LLC401(k)

HEADLANDS TECH ORGANIZATION, LLC · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Headlands Tech Organization, LLC reported $72,943 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $9,942 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,463rd-largest of 3,702 plans among Illinois employers on file, and 2,658th of 4,798 in finance & insurance. In 2024, employees put in $1.83 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,654,337
Participants with balances149
Active participants115
Employer contributions$1,143,287
Employee contributions$2,089,624
Employer contribution per active participant$9,942
Average account balance$172,177
Benefits paid to participants$612,971
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,028
Investment management$49,915
Total administrative$72,943
The Headlands Tech Organization, LLC 401(k) match · 2024
Employer contribution per active participant$9,942
Median for plans this size$2,416

Headlands Tech Organization, LLC'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
KESTRA INVESTMENT SERVICES LLC · Investment advisory (plan)$49,915
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$23,028

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

Administrative cost history1
2024$72,943 · 0.32%
Similar plansFinance & Insurance · Illinois
Amalgamated Bank of Chicago IL$26.7M · 0.20%
Lakeside Bank IL$26.5M · 0.19%
Axa Assistance USA, Inc. IL$26.5M · 0.44%
Associated Agencies, Inc. IL$26.2M · 0.02%
Payroc Worldaccess, LLC IL$25.1M · 0.25%
Providence Bank & Trust IL$25.1M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274360786 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.