Holland & Hart LLP 401(k) Review & Grade
Holland & Hart Retirement Savings Plan
Denver, COProfessional, Scientific & Technical Services1,006 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$14,072Employer $ per active participant
$15,036Employee $ saved per active participant
0.07%Direct admin cost, % of plan assets
$525.3MNet plan assets, end of year
$352,085Average balance per account
Score breakdown
- Employer generosity48.5 / 5097th percentile for employer $ per participant
- Low cost20.3 / 2581th percentile for low admin cost vs. same-size plans
- Employee saving13.2 / 1588th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-13 pts2 issues reported on the filing
Total score79 / 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 | 97th |
| Lower admin cost | 81th |
| Employee saving | 88th |
| Peers that auto-enroll | 48% |
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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 $6,633 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Holland & Hart LLP put in about $14,072 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.
- 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 | $14,156,334 |
| Participant (employee) contributions | $15,126,543 |
| Other contributions (incl. rollovers in) | $3,538,228 |
| Administrative expenses paid from the plan | $353,502 |
| Investment advisory & management fees | $286,251 |
| Benefits paid out | $40,897,238 |
| Net assets, start / end of year | $470.6M / $525.3M |
| Active participants, start / end of year | 983 / 1,029 |
| Participants with account balances | 1,492 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Plante & Moran, PLLC |
Largest service providers (Schedule C)
| Financial Engines | $286,251 reported compensation |
| Fidelity Investments Institutional | $67,739 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250828132730NAL0018198032001, received 2025-08-28, EIN 84-0382505, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.