Employers › Hilite International
Recordkeeping fees per participant · Hilite 401(k) Retirement & Savings Plan · plan year 2024
$102.29
Higher than 58% of the 14,075 plans $10 to 50M that report it.
= $63,626 / 622
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251101193459NAL0007497136001, received 2025-11-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251101193459NAL0007497136001, received 2025-11-01
Percentiles compare this plan with the Schedule H plans $10 to 50M 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 2025-11-01.
Administrative expenses excluding investment management, per participant
$121.50
Higher than 51% of the 24,371 plans $10 to 50M that report it.
= $75,576 / 622
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251101193459NAL0007497136001, received 2025-11-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251101193459NAL0007497136001, received 2025-11-01
Administrative expenses per participant
$154.55
Higher than 40% of the 25,098 plans $10 to 50M that report it.
= $96,130 / 622
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251101193459NAL0007497136001, received 2025-11-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251101193459NAL0007497136001, received 2025-11-01
Administrative expenses as a share of assets
0.320%
Higher than 56% of the 25,132 plans $10 to 50M that report it.
= $96,130 / $30,079,414
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251101193459NAL0007497136001, received 2025-11-01
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251101193459NAL0007497136001, received 2025-11-01
Employer contributions per participant
$954
Higher than 17% of the 24,050 plans $10 to 50M that report it.
= $593,282 / 622
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251101193459NAL0007497136001, received 2025-11-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251101193459NAL0007497136001, received 2025-11-01
Employer share of total contributions
23.5%
Higher than 35% of the 24,084 plans $10 to 50M that report it.
= $593,282 / $2,525,172
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251101193459NAL0007497136001, received 2025-11-01
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251101193459NAL0007497136001, received 2025-11-01
Plan terms are described in Hilite International's SEC filings: Form 10-K filed 1998-09-28. 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) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251101193459NAL0007497136001, received 2025-11-01
| Field | Value | Source |
|---|---|---|
| Plan sponsor | HILITE INTERNATIONAL | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Plan name | HILITE 401(K) RETIREMENT & SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Sponsor EIN / plan number | 75-2147742 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Sponsor location | WHITEHALL, MI | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Industry (business code) | 336300, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Filing received | 2025-11-01 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Participants, beginning of year | 671 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Active participants | 282 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Participants, end of year | 634 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Participants with an account balance | 622 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Total assets, beginning of year | $29,949,912 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Total assets, end of year | $30,079,414 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Net assets, end of year | $30,079,414 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Total income | $6,004,454 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Net income | $129,502 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Employer contributions | $593,282 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Participant contributions | $1,635,268 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Other contributions (incl. rollovers) | $296,622 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Total contributions | $2,525,172 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Benefit payments | $5,777,391 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Total expenses (incl. benefit payments) | $5,874,952 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Total administrative expenses | $96,130 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Contract administrator fees | $5,625 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Recordkeeping fees | $63,626 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| IQPA audit fees | $5,625 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Investment advisory and management fees | $20,554 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Administrative expenses excluding investment management | $75,576 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Held in mutual funds | $26,511,750 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251101193459NAL0007497136001, received 2025-11-01 |
| Independent auditor | SIKICH CPA.LLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251101193459NAL0007497136001, received 2025-11-01 |
Position = column in the DOL layout for form year 2024. Filing 20251101193459NAL0007497136001, received 2025-11-01.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES INCrecordkeeper | NONE | 15 Recordkeeping and information management; 26 Investment advisory (participants); 50 Direct payment from the plan; 64 Recordkeeping fees | $65,559 | no |
| GLOBAL RETIREMENT PARTNERS LLC | NONE | 28 Investment management; 50 Direct payment from the plan | $19,321 | no |
| SIKICH CPA LLC | NONE | 10 Accounting (including auditing); 50 Direct payment from the plan | $11,250 | 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 | $138 | 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 20251101193459NAL0007497136001, received 2025-11-01.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $29,949,912 | $30,079,414 | 0.4% |
| Participants with a balance | 659 | 622 | -5.6% |
| Administrative expenses | $92,528 | $96,130 | 3.9% |
| Recordkeeping fees per participant | $92.77 | $102.29 | 10.3% |
| Employer contributions | $662,563 | $593,282 | -10.5% |
Prior filing 20240917124821NAL0002920161001, received 2024-09-17; the plan years are contiguous.
Sponsor name as filed: HILITE INTERNATIONAL; SEC registrant: HILITE INDUSTRIES INC (CIK 915197, matched by EIN).