Plan Ledger DOL Form 5500 · updated monthly

Higherechelon, Inc.401(k)

HIGHERECHELON 401(K) PLAN · HUNTSVILLE, AL · plan year 2024

Reported admin expense ratio · 2024
0.57%

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

Higherechelon, Inc. reported $70,906 in plan administrative expenses for 2024: 0.57% of average plan assets, higher than ~75% of peers. Employer contributions averaged $3,622 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 0.53% to 0.57%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 365th-largest of 902 plans among Alabama employers on file, and 6,606th of 11,654 in professional & technical services. In 2024, employees put in $2.05 for every $1.00 the employer contributed; active participation has grown from 233 to 348 since 2022.

Plan summary
Net assets, end of year$14,822,350
Participants with balances374
Active participants348
Employer contributions$1,260,413
Employee contributions$2,581,074
Employer contribution per active participant$3,622
Average account balance$39,632
Benefits paid to participants$1,547,772
Plan auditDisclaimer of opinion
Plan history3
Yearassets · accounts · employer contribution
2024$14.8M · 374 accts · $1.3M emplr
2023$10.1M · 308 accts · $902K emplr
2022$6.8M · 242 accts · $575K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,763
Investment management$60,362
Trustee / custodial$1,781
Total administrative$70,906
The Higherechelon, Inc. 401(k) match · 2024
Employer contribution per active participant$3,622
Median for plans this size$2,416
2024$3,622 per active participant
2023$3,111 per active participant
2022$2,467 per active participant

Higherechelon, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20242
AMERITAS LIFE INSURANCE CORP · Claims processing · Contract administrator$8,763
MATRIX TRUST COMPANY · Custodial (securities) · Loan processing$1,781

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

Recordkeeper by year2
2024Ameritas
2023Ameritas

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

Administrative cost history3
2024$70,906 · 0.57%
2023$47,280 · 0.56%
2022$34,920 · 0.53%
Same employer
Similar plansProfessional & Technical Services · Alabama
Beshenich Muir & Associates AL$14.1M · 0.26%
Nmr Consulting, Inc. AL$13.7M · 0.30%
Interfuze Corporation AL$12.8M · 0.24%
Martin Advertising, Inc. AL$12.6M · 0.24%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270992562 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.