Employers › Houlihan Lokey
Recordkeeping fees per participant · Houlihan Lokey Retirement Savings Plan · plan year 2024
$66.01
Higher than 73% of the 1,697 plans $250M to 1B that report it.
= $177,564 / 2,690
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251107102327NAL0000743601001, received 2025-11-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251107102327NAL0000743601001, received 2025-11-07
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-11-07.
Administrative expenses excluding investment management, per participant
$66.01
Higher than 48% of the 2,324 plans $250M to 1B that report it.
= $177,564 / 2,690
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251107102327NAL0000743601001, received 2025-11-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251107102327NAL0000743601001, received 2025-11-07
Administrative expenses per participant
$81.27
Higher than 45% of the 2,405 plans $250M to 1B that report it.
= $218,605 / 2,690
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251107102327NAL0000743601001, received 2025-11-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251107102327NAL0000743601001, received 2025-11-07
Administrative expenses as a share of assets
0.055%
Higher than 37% of the 2,407 plans $250M to 1B that report it.
= $218,605 / $396,437,092
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251107102327NAL0000743601001, received 2025-11-07
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251107102327NAL0000743601001, received 2025-11-07
Employer contributions per participant
$1,480
Higher than 16% of the 2,457 plans $250M to 1B that report it.
= $3,980,810 / 2,690
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251107102327NAL0000743601001, received 2025-11-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251107102327NAL0000743601001, received 2025-11-07
Employer share of total contributions
10.4%
Higher than 3% of the 2,459 plans $250M to 1B that report it.
= $3,980,810 / $38,327,008
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251107102327NAL0000743601001, received 2025-11-07
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251107102327NAL0000743601001, received 2025-11-07
Plan terms are described in Houlihan Lokey, Inc.'s SEC filings: Form 10-K filed 2026-05-22. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3B · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251107102327NAL0000743601001, received 2025-11-07
| Field | Value | Source |
|---|---|---|
| Plan sponsor | HOULIHAN LOKEY | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Plan name | HOULIHAN LOKEY RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Sponsor EIN / plan number | 95-2770395 / 006 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Sponsor location | LOS ANGELES, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Industry (business code) | 523110, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Filing received | 2025-11-07 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Participants, beginning of year | 2,702 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Active participants | 1,648 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Participants, end of year | 2,746 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Participants with an account balance | 2,690 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Total assets, beginning of year | $324,842,145 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Total assets, end of year | $396,437,092 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Net assets, end of year | $396,437,092 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Total income | $91,344,396 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Net income | $71,594,947 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Employer contributions | $3,980,810 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Participant contributions | $29,523,670 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Other contributions (incl. rollovers) | $4,822,528 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Total contributions | $38,327,008 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Benefit payments | $19,528,655 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Total expenses (incl. benefit payments) | $19,749,449 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Total administrative expenses | $218,605 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Recordkeeping fees | $177,564 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Investment advisory and management fees | $41,041 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Administrative expenses excluding investment management | $177,564 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Held in common/collective trusts | $16,053,786 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Held in mutual funds | $341,410,493 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251107102327NAL0000743601001, received 2025-11-07 |
| Independent auditor | FORVIS MAZARS, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251107102327NAL0000743601001, received 2025-11-07 |
Position = column in the DOL layout for form year 2024. Filing 20251107102327NAL0000743601001, received 2025-11-07.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INCrecordkeeper | NONE | 15 Recordkeeping and information management; 50 Direct payment from the plan; 64 Recordkeeping fees | $177,614 | no |
| BFSG LLC | NONE | 28 Investment management; 50 Direct payment from the plan | $23,868 | no |
| TLG ADVISORS INC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $15,602 | no |
| CHARLES SCHWAB & CO.,INC. | NONE | 33 Securities brokerage; 50 Direct payment from the plan; 62 Float revenue; 71 Securities brokerage commissions and fees; 59 Shareholder servicing fees | $1,162 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251107102327NAL0000743601001, received 2025-11-07.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $324,842,145 | $396,437,092 | 22.0% |
| Participants with a balance | 2,611 | 2,690 | 3.0% |
| Administrative expenses | $170,080 | $218,605 | 28.5% |
| Recordkeeping fees per participant | $58.53 | $66.01 | 12.8% |
| Employer contributions | $3,850,112 | $3,980,810 | 3.4% |
Prior filing 20241011112825NAL0012425619001, received 2024-10-11; the plan years are contiguous.
Sponsor name as filed: HOULIHAN LOKEY; SEC registrant: HOULIHAN LOKEY, INC. (CIK 1302215, matched by EIN; display name from the Form 10-K cover).