Plan Ledger DOL Form 5500 · updated monthly

Hightower Holding, LLC401(k)

HIGHTOWER 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Hightower Holding, LLC reported $21,075 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,876 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 0.010% to 0.012%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 325th-largest of 3,702 plans among Illinois employers on file, and the 573rd of 4,798 in finance & insurance. In 2024, employees put in $2.82 for every $1.00 the employer contributed; active participation has grown from 1,322 to 1,550 since 2022.

Plan summary
Net assets, end of year$206,742,602
Participants with balances1,571
Active participants1,550
Employer contributions$7,558,541
Employee contributions$21,335,557
Employer contribution per active participant$4,876
Average account balance$131,599
Benefits paid to participants$13,531,763
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$206.7M · 1,571 accts · $7.6M emplr
2023$151.7M · 1,477 accts · $6.0M emplr
2022$107.2M · 1,306 accts · $5.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,075
Total administrative$21,075
The Hightower Holding, LLC 401(k) match · 2024
Employer contribution per active participant$4,876
Median for plans this size$3,635
2024$4,876 per active participant
2023$3,963 per active participant
2022$3,858 per active participant

Hightower Holding, LLC's 2024 employer contribution ran above the $3,635 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
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$21,075
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect comp

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

Recordkeeper by year2
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$21,075 · 0.01%
2023$13,902 · 0.01%
2022$10,239 · 0.01%
Same employer
Similar plansFinance & Insurance · Illinois
Calamos Investments LLC IL$232.9M · 0.01%
Harris Associates L.P. IL$209.1M · 0.02%
Golub Capital LLC IL$193.4M · 0.04%
Wolverine Trading, LLC IL$181.0M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262270729 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.