Harbert Management 401(k) match, vesting and fees
What Harbert Management's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Invest Institutional Opera | Schedule C ↗ |
| Independent auditor | Warren Averett, LLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Harbert Management: employer contribution per participant | $6,580 | |
| Peer median | $2,868 |
| Harbert Management: average balance | $374,715 | |
| Peer median | $95,281 |
| Harbert Management: admin expenses ÷ assets | 0.08% | |
| Peer median | 0.22% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $101M at the end of plan year 2021 to $109M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 318 | $109M | $1.9M | $6,580 | 0.08% | Not published | Form 5500 ↗ |
| 2023 | 317 | $97.4M | $1.9M | $6,447 | 0.04% | Not published | Form 5500 ↗ |
| 2022 | 318 | $80.9M | $1.9M | $6,673 | 0.03% | Not published | Form 5500 ↗ |
| 2021 | 299 | $101M | $1.8M | $6,541 | <0.01% | Not published | Form 5500 ↗ |
Common questions
Does Harbert Management match 401(k) contributions?
The match terms for the Harbert Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $1.9M in employer contributions, about $6,580 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Harbert Management 401(k) match vested?
The vesting schedule for the Harbert Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Harbert Management 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Invest Institutional Opera. The plan administrator is Harbert Management Corporation.
I left Harbert Management. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Harbert Management Corporation, (205) 987-5500) or the recordkeeper, Fidelity Invest Institutional Opera. The Harbert Management old 401(k) page lists the contacts from every plan filing. Find an old Harbert Management 401(k)
Data from the public Form 5500 annual reports Harbert Management filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Harbert Management. Not financial advice. Report a correction · Methodology