Kaufman, Hall & Associates, LLC 401(k) Review & Grade
Kaufman, Hall & Associates, LLC Retirement Plan and Trust
Skokie, ILProfessional, Scientific & Technical Services558 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$11,454Employer $ per active participant
$19,501Employee $ saved per active participant
0.03%Direct admin cost, % of plan assets
$165.4MNet plan assets, end of year
$221,988Average balance per account
Score breakdown
- Employer generosity46.7 / 5093th percentile for employer $ per participant
- Low cost23.1 / 2592th percentile for low admin cost vs. same-size plans
- Employee saving14.7 / 1598th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score75 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 93th |
| Lower admin cost | 92th |
| Employee saving | 98th |
| Peers that auto-enroll | 48% |
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
Benefits not paid when due: the plan reported failing to pay some benefits on time.
Corrective distributions: the plan refunded $10,055 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Kaufman, Hall & Associates put in about $11,454 per active participant, more than the typical peer ($3,082). 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.
- 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 | $6,391,092 |
| Participant (employee) contributions | $10,881,577 |
| Other contributions (incl. rollovers in) | $2,596,936 |
| Administrative expenses paid from the plan | $49,950 |
| Investment advisory & management fees | $7,609 |
| Benefits paid out | $26,532,216 |
| Net assets, start / end of year | $148.7M / $165.4M |
| Active participants, start / end of year | 532 / 584 |
| Participants with account balances | 745 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Bdo USA, P.C. |
Largest service providers (Schedule C)
| Fidelity Investments Institutional | $42,341 reported compensation |
| Strategic Advisors, Inc. | $7,609 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014165420NAL0001703651001, received 2025-10-14, EIN 47-2564584, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.