Plan Ledger DOL Form 5500 · updated monthly

Here North America, LLC401(k)

HERE NORTH AMERICA, LLC RETIREMENT SAVINGS AND INVESTMENT PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Here North America, LLC reported $240,609 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $6,290 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 0.07% to 0.05%. 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 166th-largest of 3,702 plans among Illinois employers on file, and the 377th of 11,654 in professional & technical services. In 2024, employees put in $3.19 for every $1.00 the employer contributed; active participation has shrunk from 903 to 780 since 2022.

Plan summary
Net assets, end of year$466,248,779
Participants with balances1,642
Active participants780
Employer contributions$4,906,097
Employee contributions$15,646,699
Employer contribution per active participant$6,290
Average account balance$283,952
Benefits paid to participants$41,796,200
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$466.2M · 1,642 accts · $4.9M emplr
2023$423.1M · 1,791 accts · $4.9M emplr
2022$375.3M · 1,933 accts · $5.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$96,821
Investment management$115,438
Audit (IQPA)$28,350
Total administrative$240,609
The Here North America, LLC 401(k) match · 2024
Employer contribution per active participant$6,290
Median for plans this size$4,294
2024$6,290 per active participant
2023$5,888 per active participant
2022$5,993 per active participant

Here North America, LLC's 2024 employer contribution ran above the $4,294 median for plans its size. 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$98,427
ABD RETIREMENT SERVICES, INC. · Investment advisory (plan)$85,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$30,438
CROWE LLP · Accounting / audit$28,350

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$240,609 · 0.05%
2023$242,789 · 0.06%
2022$290,754 · 0.07%
Same employer
Similar plansProfessional & Technical Services · Illinois
Jenner & Block LLP IL$624.1M · 0.02%
Vedder Price, P.C. IL$520.5M · 0.03%
Paylocity Corporation IL$438.1M · 0.13%
Perkins&Will, Inc. IL$414.4M · 0.08%
Imeg Consultants Corp. IL$380.2M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770080465 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.