Plan Ledger DOL Form 5500 · updated monthly

Houlihan Lokey401(k)

HOULIHAN LOKEY RETIREMENT SAVINGS PLAN · LOS ANGELES, CA · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

Houlihan Lokey reported $218,605 in plan administrative expenses for 2024: 0.06% of average plan assets, below the peer median. Employer contributions averaged $2,416 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 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 330th-largest of 9,483 plans among California employers on file, and the 361st of 4,798 in finance & insurance. In 2024, employees put in $7.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$396,437,092
Participants with balances2,690
Active participants1,648
Employer contributions$3,980,810
Employee contributions$29,523,670
Employer contribution per active participant$2,416
Average account balance$147,374
Benefits paid to participants$19,528,655
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$396.4M · 2,690 accts · $4.0M emplr
2023$324.8M · 2,611 accts · $3.9M emplr
2022$251.1M · 2,431 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$177,564
Investment management$41,041
Total administrative$218,605
The Houlihan Lokey 401(k) match · 2024
Employer contribution per active participant$2,416
Median for plans this size$4,294
2024$2,416 per active participant
2023$2,296 per active participant
2022$2,050 per active participant

Houlihan Lokey's 2024 employer contribution ran below 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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$177,614
BFSG LLC · Investment management$23,868
TLG ADVISORS INC · Investment advisory (participants)$15,602
CHARLES SCHWAB & CO.,INC. · Securities brokerage$1,162

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$218,605 · 0.06%
2023$170,080 · 0.06%
2022$174,718 · 0.07%
Same employer
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Oaktree Capital Management CA$404.1M · 0.12%
Zenith Insurance Company CA$399.1M · 0.05%
Loandepot, LLC CA$397.5M · 0.14%
Banc of California, Inc. CA$377.7M · 0.12%
Dodge & Cox CA$355.8M · 0.00%
Tcw, LLC CA$347.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 952770395 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.