Plan Ledger DOL Form 5500 · updated monthly

Heidrick & Struggles, Inc.401(k)

HEIDRICK & STRUGGLES, INC. 401(K) PROFIT SHARING AND RETIREMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Heidrick & Struggles, Inc. reported $199,489 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $9,536 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 0.09% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 229th-largest of 3,702 plans among Illinois employers on file, and the 529th of 11,654 in professional & technical services. In 2024, employees put in $1.54 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$320,797,827
Participants with balances1,530
Active participants1,017
Employer contributions$9,698,501
Employee contributions$14,969,688
Employer contribution per active participant$9,536
Average account balance$209,672
Benefits paid to participants$27,461,553
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$320.8M · 1,530 accts · $9.7M emplr
2023$284.1M · 1,535 accts · $10.2M emplr
2022$226.1M · 1,433 accts · $8.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,178
Investment management$61,197
Audit (IQPA)$27,565
Total administrative$199,489
The Heidrick & Struggles, Inc. 401(k) match · 2024
Employer contribution per active participant$9,536
Median for plans this size$4,294
2024$9,536 per active participant
2023$9,570 per active participant
2022$7,900 per active participant

Heidrick & Struggles, Inc.'s 2024 employer contribution ran above the $4,294 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 · 20245
VANGUARD GROUP INC. · Recordkeeping · Consulting$104,977
MERCER INVESTMENTS LLC · Consulting$67,695
GRANT THORNTON LLP · Accounting / audit$27,565
TREETOP CONSULTING LLC · Consulting$19,500
CAPFINANCIAL PARTNERS, LLC · Consulting$10,002

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$199,489 · 0.07%
2023$275,387 · 0.11%
2022$224,839 · 0.09%
Same employer
Similar plansProfessional & Technical Services · Illinois
Imeg Consultants Corp. IL$380.2M · 0.09%
Convergint Technologies, LLC IL$376.3M · 0.22%
Alfred Benesch & Company IL$336.3M · 0.16%
Tandem HR, LLC IL$287.2M · 0.18%
Sikich LLP IL$280.1M · 0.02%
Norc, Inc. IL$246.8M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364277938 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.