Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Huntington Bancshares
Huntington Bancshares 401(k)
- HBAN Nasdaq
- Finance and insurance
- Columbus, OH
- EIN 31-0724920
- 1 plan with Schedule H financials
- Plan year 2024
- Huntington Bancshares Incorporated
- SEC registrant Huntington Bancshares Inc
Administrative expenses excluding investment management, per participant · The Huntington 401(k) Plan · plan year 2024
$34.08
Higher than 32% of the 1,045 plans over $1B that report it.
Source
= $847,341 / 24,860
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250626123904NAL0004982451001, received 2025-06-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250626123904NAL0004982451001, received 2025-06-26
Percentiles compare this plan with the Schedule H plans over $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 2025-06-26.
Cost and contributions
Administrative expenses per participant
$58.67
Higher than 40% of the 1,076 plans over $1B that report it.
Source
= $1,458,615 / 24,860
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250626123904NAL0004982451001, received 2025-06-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250626123904NAL0004982451001, received 2025-06-26
Administrative expenses as a share of assets
0.061%
Higher than 66% of the 1,076 plans over $1B that report it.
Source
= $1,458,615 / $2,373,566,978
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250626123904NAL0004982451001, received 2025-06-26
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250626123904NAL0004982451001, received 2025-06-26
Employer contributions per participant
$2,448
Higher than 27% of the 1,135 plans over $1B that report it.
Source
= $60,861,214 / 24,860
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250626123904NAL0004982451001, received 2025-06-26
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250626123904NAL0004982451001, received 2025-06-26
Employer share of total contributions
24.2%
Higher than 20% of the 1,135 plans over $1B that report it.
Source
= $60,861,214 / $251,348,623
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250626123904NAL0004982451001, received 2025-06-26
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250626123904NAL0004982451001, received 2025-06-26
Plan terms, as stated in Huntington Bancshares Incorporated's SEC filings
Plan terms are described in Huntington Bancshares Incorporated's SEC filings: Form 11-K filed 2026-06-25 and Form 10-K filed 2026-02-13. No term could be quoted from them with the required precision.
Plan features
2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 3H controlled-group sponsor · 2E profit-sharing · 2S pre-approved plan document · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250626123904NAL0004982451001, received 2025-06-26
Full record, The Huntington 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | HUNTINGTON BANCSHARES INCORPORATED | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Plan name | THE HUNTINGTON 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Sponsor EIN / plan number | 31-0724920 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Sponsor location | COLUMBUS, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Industry (business code) | 522110, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Filing received | 2025-06-26 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Participants, beginning of year | 24,734 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Active participants | 20,450 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Participants, end of year | 25,595 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Participants with an account balance | 24,860 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Total assets, beginning of year | $2,016,137,466 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Total assets, end of year | $2,373,566,978 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Net assets, end of year | $2,373,212,744 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Total income | $583,321,793 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Net income | $357,408,808 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Employer contributions | $60,861,214 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Participant contributions | $155,087,282 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Other contributions (incl. rollovers) | $35,400,127 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Total contributions | $251,348,623 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Benefit payments | $224,386,016 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Total expenses (incl. benefit payments) | $225,912,985 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Total administrative expenses | $1,458,615 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Contract administrator fees | $755,155 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Recordkeeping fees | $0 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| IQPA audit fees | $54,000 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Investment advisory and management fees | $611,274 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Administrative expenses excluding investment management | $847,341 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Held in common/collective trusts | $1,800,908,138 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Held in mutual funds | $332,480,141 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250626123904NAL0004982451001, received 2025-06-26 |
| Independent auditor | ARY ROEPCKE MULCHAEY, P.C. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250626123904NAL0004982451001, received 2025-06-26 |
Position = column in the DOL layout for form year 2024. Filing 20250626123904NAL0004982451001, received 2025-06-26.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $755,155 | yes |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $408,111 | no |
| MERCER INVESTMENTS LLC | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $135,663 | no |
| NEWPORT TRUST COMPANY | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $67,500 | no |
| ARY ROEPCKE MULCHAEY, P.C. | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $54,000 | no |
| BAKER & HOSTETLER LLP | ATTORNEY/LEGAL | 29 Legal | $36,812 | no |
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 20250626123904NAL0004982451001, received 2025-06-26.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $2,016,137,466 | $2,373,566,978 | 17.7% |
| Participants with a balance | 24,401 | 24,860 | 1.9% |
| Administrative expenses | $1,422,036 | $1,458,615 | 2.6% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $61,629,183 | $60,861,214 | -1.2% |
Prior filing 20240701102808NAL0002789091001, received 2024-07-01; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: HUNTINGTON BANCSHARES INCORPORATED; SEC registrant: HUNTINGTON BANCSHARES INC /MD/ (CIK 49196, matched by EIN; display name from the Form 11-K cover).