Plan Ledger DOL Form 5500 · updated monthly

Hri Shared Services, LLC401(k)

HRI 401(K) PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.65%

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

Hri Shared Services, LLC reported $268,040 in plan administrative expenses for 2024: 0.65% of average plan assets, higher than ~90% of peers. Employer contributions averaged $940 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 141st-largest of 884 plans among Louisiana employers on file, and the 322nd of 2,096 in real estate & leasing. In 2024, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$44,007,762
Participants with balances1,759
Active participants1,792
Employer contributions$1,684,104
Employee contributions$3,732,258
Employer contribution per active participant$940
Average account balance$25,019
Benefits paid to participants$5,260,013
Plan auditUnmodified (clean) audit opinion
AuditorMALCOLM M. DIENES, LLC
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$194,610
Investment management$39,930
Audit (IQPA)$33,500
Total administrative$268,040
The Hri Shared Services, LLC 401(k) match · 2024
Employer contribution per active participant$940
Median for plans this size$2,416

Hri Shared Services, LLC's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20244
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$194,610
MALCOLM M DIENES, LLC · Accounting / audit$33,500
GALLAGHER FIDUCIARY ADVISORS LLC · Investment advisory (plan)$28,000
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,930

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

Administrative cost history1
2024$268,040 · 0.65%
Similar plansReal Estate & Leasing · Louisiana
Pbc Management, LLC LA$100.6M · 0.25%
Hri Properties, LLC LA$37.9M · 0.59%
Affordable Rent-To-Own, LLC LA$25.4M · 0.53%
1ST Lake Properties, Inc. LA$14.7M · 0.44%

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Source: U.S. Department of Labor, Form 5500 series, EIN 922224993 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.