Plan Ledger DOL Form 5500 · updated monthly

Huron, Inc.401(k)

HURON, INC. RETIREMENT SAVINGS & INVESTMENT PLAN · LEXINGTON, MI · plan year 2024

Reported admin expense ratio · 2024
0.34%

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

Huron, Inc. reported $39,172 in plan administrative expenses for 2024: 0.34% of average plan assets, above the peer median. Employer contributions averaged $4,005 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 3 years on file its reported administrative ratio has held roughly steady near 0.338%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Michigan (1,395th of 2,619), and 7,982nd of 13,661 in manufacturing. In 2024, employees put in $2.18 for every $1.00 the employer contributed; active participation has grown from 95 to 105 since 2022.

Plan summary
Net assets, end of year$12,169,678
Participants with balances118
Active participants105
Employer contributions$420,488
Employee contributions$915,964
Employer contribution per active participant$4,005
Average account balance$103,133
Benefits paid to participants$1,693,644
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 118 accts · $420K emplr
2023$11.0M · 120 accts · $407K emplr
2022$10.0M · 109 accts · $307K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,237
Investment management$861
Total administrative$39,172
The Huron, Inc. 401(k) match · 2024
Employer contribution per active participant$4,005
Median for plans this size$2,416
2024$4,005 per active participant
2023$4,115 per active participant
2022$3,231 per active participant

Huron, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
GREGORY J SCHWARTZ & COMPANY INC$33,074
EMPOWER ADVISORY GROUP, LLC · Investment management$861

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$39,172 · 0.34%
2023$37,468 · 0.36%
2022$38,548 · 0.34%
All plans at this employer2
HURON, INC. RETIREMENT SAVINGS & INVESTMENT PLAN401(k)
THE HURON RETIREMENT SAVINGS & INVESTMENT PLAN FOR EMPLOYEES REPRESENTED BY UAW LOCAL 9699401(k)
Same employer
Similar plansManufacturing · Michigan
Display Pack, Inc. MI$12.3M · 0.46%
Active Manufacturing, Corp. MI$12.2M · 0.47%
McNaughton & Gunn, Inc. MI$12.2M · 0.51%
Besse Forest Products, Inc. MI$12.2M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 382546791 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.