Huron Consulting Group Inc. 401(k) Review & Grade
Huron Consulting Group Retirement Savings Plan
Chicago, ILProfessional, Scientific & Technical Services4,454 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$8,967Employer $ per active participant
$14,345Employee $ saved per active participant
0.04%Direct admin cost, % of plan assets
$1.1BNet plan assets, end of year
$167,259Average balance per account
Score breakdown
- Employer generosity45.7 / 5091th percentile for employer $ per participant
- Low cost21.0 / 2584th percentile for low admin cost vs. same-size plans
- Employee saving12.1 / 1580th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score86 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 2,500–9,999 active participants (231 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 91th |
| Lower admin cost | 84th |
| Employee saving | 80th |
| Peers that auto-enroll | 47% |
Get the monthly 401(k) report card
The best and worst plans, new grades as filings post. One email a month, no spam.
Red flags from the filing
Corrective distributions: the plan refunded $2,843 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Huron Consulting Group put in about $8,967 per active participant, more than the typical peer ($2,951). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $39,932,534 |
| Participant (employee) contributions | $63,884,935 |
| Other contributions (incl. rollovers in) | $17,701,678 |
| Administrative expenses paid from the plan | $395,223 |
| Contract administrator fees | $2,100 |
| Other admin expenses | $89,306 |
| Benefits paid out | $77,143,385 |
| Net assets, start / end of year | $894.7M / $1.1B |
| Active participants, start / end of year | 4,316 / 4,591 |
| Participants with account balances | 6,569 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Miller, Cooper & Co., LTD. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $290,294 reported compensation |
| Cerity Partners | $89,306 reported compensation |
| Miller Cooper & Co., LTD | $19,900 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010223954NAL0004523075001, received 2025-10-10, EIN 01-0666114, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.