Harte-Hanks, Inc. 401(k) Review & Grade
Harte Hanks Investment Plus
Chelmsford, MAProfessional, Scientific & Technical Services938 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$1,100Employer $ per active participant
$2,185Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$149.0MNet plan assets, end of year
$162,008Average balance per account
Score breakdown
- Employer generosity10.5 / 5021th percentile for employer $ per participant
- Low cost23.6 / 2594th percentile for low admin cost vs. same-size plans
- Employee saving1.7 / 1511th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-5 pts1 issue reported on the filing
Total score34 / 100 · Grade D
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 21th |
| Lower admin cost | 94th |
| Employee saving | 11th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No fidelity bond: the plan reported it was not covered by a fidelity bond, which protects participants against theft.
What to do if you're in this plan
- Harte-Hanks put in about $1,100 per active participant, below the typical peer ($3,082). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $1,031,241 |
| Participant (employee) contributions | $2,048,031 |
| Other contributions (incl. rollovers in) | $98,552 |
| Administrative expenses paid from the plan | $34,717 |
| Benefits paid out | $21,639,634 |
| Net assets, start / end of year | $143.2M / $149.0M |
| Active participants, start / end of year | 1,056 / 819 |
| Participants with account balances | 920 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Aafcpas, Inc. |
Largest service providers (Schedule C)
| Aafcpas, Inc | $19,000 reported compensation |
| Merrill Lynch, Pierce, Fenner and S | $15,717 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251003122927NAL0003391762001, received 2025-10-03, EIN 74-1677284, plan #005, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.