Plan Ledger DOL Form 5500 · updated monthly

Hughes Hubbard & Reed LLP401(k)

HUGHES HUBBARD & REED DEFINED CONTRIBUTION RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Hughes Hubbard & Reed LLP reported $122,980 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $15,415 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 0.06% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 349th-largest of 5,648 plans among New York employers on file, and the 583rd of 11,654 in professional & technical services. In 2024, the employer put in $1.43 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$289,138,543
Participants with balances464
Active participants296
Employer contributions$4,562,861
Employee contributions$3,180,644
Employer contribution per active participant$15,415
Average account balance$623,143
Benefits paid to participants$25,796,937
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$289.1M · 464 accts · $4.6M emplr
2023$266.2M · 465 accts · $4.5M emplr
2022$235.2M · 481 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$44,635
Investment management$53,145
Audit (IQPA)$25,200
Total administrative$122,980
The Hughes Hubbard & Reed LLP 401(k) match · 2024
Employer contribution per active participant$15,415
Median for plans this size$4,294
2024$15,415 per active participant
2023$15,177 per active participant
2022$3,919 per active participant

Hughes Hubbard & Reed LLP's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top 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 · 20243
ALLIANCEBERNSTEIN LP · Investment advisory (plan)$53,145
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$44,635
FORVIS MAZARS, LLP · Accounting / audit$25,200

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$122,980 · 0.04%
2023$121,041 · 0.05%
2022$156,023 · 0.06%
All plans at this employer2
HUGHES HUBBARD & REED DEFINED CONTRIBUTION RETIREMENT PLAN401(k)
HUGHES HUBBARD & REED ASSOCIATES' SECTION 401(K) PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 135605391 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.