Retirement plan

HEIDRICK & STRUGGLES, INC. 401(K) PROFIT SHARING AND RETIREMENT PLAN

Name: HEIDRICK & STRUGGLES, INC. - HEIDRICK & STRUGGLES, INC. 401(K) PROFIT SHARING AND RETIREMENT PLAN (2015) Form 5500
Creator: HEIDRICK & STRUGGLES, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, HEIDRICK & STRUGGLES, INC. 401(K) PROFIT SHARING AND RETIREMENT PLAN, HEIDRICK & STRUGGLES, INC.

HEIDRICK & STRUGGLES, INC.EIN 36-4277938Plan #001PY 2015

233 S. WACKER DRIVE, SUITE 4900 - CHICAGO, IL 60606312-496-1200heidrickandstruggles.comLinkedIn501-1000 employeesstaffing and recruiting

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$143.1M

-5.4% from 2016

Total participants

928

-16.3% from 2016

Average account balance

$158,273

+13.1% from 2016

Annual return

1.15%

-7.59 pp from 2016

Benchmarks

See 2,331 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,331 peers

Snapshot2015

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$320.80M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$210K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

1,530

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

97.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$24.67M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+13.89%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$130

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.1+ years Filed as: VANGUARD GROUP INC. Service code 15 · EIN 23-1945930	Recordkeeping	$110,992
MERCER1+ years Filed as: MERCER INVESTMENT CONSULTING, INC. Service code 16 · EIN 61-0736136	Consulting	$45,009
BAKER & MCKENZIE LLP1+ years Service code 29 · EIN 36-2137456	Legal	$15,587
KPMG LLP1+ years Service code 10 · EIN 20-0241941	Accounting	$10,003

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$181K

$312 / participant

Investment mgmt$45K24.9%
Contract admin$110K60.9%
Other / not subdivided$26K14.2%

% of EOY assets

0.126%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: GRANT THORNTON LLP
Auditor EIN: 366055558
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$158,273

$88,324+79.2%

$115,038+37.6%

$55,191+186.8%

Participation rate

95.9%

72.5%+23.3pp

81.4%+14.5pp

69.2%+26.7pp

Annual return

1.15%

6.30%-5.1pp

26.14%-25.0pp

10.78%-9.6pp

Employer contribution / active EE

$6,569

$2,805+134.2%

$4,608+42.6%

$1,899+246.0%

Participant deferral / active EE

$11,621

$5,042+130.5%

$6,026+92.8%

$3,046+281.5%

Admin fee / account holder

$200

$105+89.8%

$8,175-97.6%

$91+120.3%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.1+ years

Filed as: VANGUARD GROUP INC.

Service code 15 · EIN 23-1945930

Recordkeeping

$110,992

MERCER1+ years

Filed as: MERCER INVESTMENT CONSULTING, INC.

Service code 16 · EIN 61-0736136

Consulting

$45,009

BAKER & MCKENZIE LLP1+ years

Service code 29 · EIN 36-2137456

Legal

$15,587

KPMG LLP1+ years

Service code 10 · EIN 20-0241941

Accounting

$10,003

HEIDRICK & STRUGGLES, INC. 401(K) PROFIT SHARING AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

HEIDRICK & STRUGGLES, INC. 401(K) PROFIT SHARING AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion