Plan Ledger DOL Form 5500 · updated monthly

Hub International Limited401(k)

HUB INTERNATIONAL LIMITED 401(K) SAVINGS PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Hub International Limited reported $2,122,366 in plan administrative expenses for 2024: 0.15% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,686 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 0.07% to 0.15%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 67th-largest of 3,702 plans among Illinois employers on file, and the 119th of 4,798 in finance & insurance. In 2024, employees put in $3.08 for every $1.00 the employer contributed; active participation has grown from 11,098 to 13,429 since 2022.

Plan summary
Net assets, end of year$1,575,070,092
Participants with balances15,223
Active participants13,429
Employer contributions$36,064,230
Employee contributions$111,049,768
Employer contribution per active participant$2,686
Average account balance$103,466
Benefits paid to participants$136,874,488
Plan auditUnmodified (clean) audit opinion
AuditorCROWE, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.6B · 15,223 accts · $36.1M emplr
2023$1.3B · 14,151 accts · $32.5M emplr
2022$1.1B · 13,176 accts · $27.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,178,417
Investment management$920,849
Audit (IQPA)$21,000
Total administrative$2,122,366
The Hub International Limited 401(k) match · 2024
Employer contribution per active participant$2,686
Median for plans this size$5,259
2024$2,686 per active participant
2023$2,649 per active participant
2022$2,438 per active participant

Hub International Limited's 2024 employer contribution ran below the $5,259 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
EMPOWER ANNUITY INSURANCE COMPANY O · Securities brokerage$1,201,975
EMPOWER ADVISORY GROUP, LLC · Investment management$774,773
MORGAN STANLEY · Investment advisory (plan)$146,076
CROWE LLP · Accounting / audit$21,000

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$2,122,366 · 0.15%
2023$1,316,834 · 0.11%
2022$732,739 · 0.07%
Same employer
Similar plansFinance & Insurance · Illinois
Aon Consulting, Inc. IL$3.1B · 0.32%

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Source: U.S. Department of Labor, Form 5500 series, EIN 753243028 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.