Plan Snapshot
- Plan Sponsor: Huntington Bancshares Incorporated
- Sponsor EIN: 310724920
- Sponsor Address: 37 W. BROAD STREET HP0600, COLUMBUS, OH, 43215
- Plan Type: 401(k)
- Total Participants: 20,450
- Total Assets: $2.4B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 20,450 | $2.4B | $60.9M | $155.1M |
| 2023 | 19,626 | $2.0B | $61.6M | $146.1M |
| 2022 | 19,962 | $1.6B | $60.4M | $133.9M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $755,155 | — | $755,155 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $408,111 | — | $408,111 |
| MERCER INVESTMENTS LLC | INVESTMENT ADVISOR | $135,663 | — | $135,663 |
| NEWPORT TRUST COMPANY | INVESTMENT ADVISOR | $67,500 | — | $67,500 |
| ARY ROEPCKE MULCHAEY, P.C. | ACCOUNTANT/AUDITOR | $54,000 | — | $54,000 |
| BAKER & HOSTETLER LLP | ATTORNEY/LEGAL | $36,812 | — | $36,812 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- ARY ROEPCKE MULCHAEY, P.C. — ACCOUNTANT/AUDITOR
- BAKER & HOSTETLER LLP — ATTORNEY/LEGAL
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,457,241
- Estimated Expense Ratio: 0.061% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,458,615 | $611,274 | $755,155 | $54,000 | — |
| 2023 | $1,422,036 | $495,018 | $839,094 | $50,000 | — |
| 2022 | $1,374,542 | $315,146 | $979,796 | — | $79,600 |