2023 Form 5500 filing — Hilite 401(K) Retirement & Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240917124821NAL0002920161001) for Hilite 401(K) Retirement & Savings Plan, reported by Hilite International under EIN 75-2147742 and plan number 001. It reports 676 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240917124821NAL0002920161001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Hilite International
- EIN
- 75-2147742
- Plan number
- 001
- Location
- Whitehall, MI
- Participants
- 676
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $29,949,912
- Net assets (EOY)
- $29,949,912
- Employer contributions
- $662,563
- Participant contributions
- $1,692,905
- Total income / additions
- $6,288,484
- Benefits paid
- $3,400,010
- Administrative expenses
- $92,528
- Total expenses
- $3,492,538
- Net increase / (decrease)
- $2,795,946
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Schwab Retirement Plan Services Inc | NONE | $63,747 | not reported in the loaded dataset |
| Global Retirement Partners LLC | NONE | $18,391 | not reported in the loaded dataset |
| Thornhill Financial LLC | NONE | $10,250 | not reported in the loaded dataset |
| Charles Schwab & Co., Inc. | NONE | $45 | $0 |