Hines Corporation 401(K) Plan — Form 5500 plan (Hines Corporation)
Plain-English plan 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, Hines Corporation 401(K) Plan is a benefit plan reported by Hines Corporation under EIN 38-2743320 and plan number 001. The latest loaded filing year is 2023. The filing reports 485 participants and $28,276,564 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$28.3MPlan net assets, end of year$28,276,564
Participants485Covered participants reported
Assets / participant$58.3KComputed: assets ÷ participants$58,302 (computed)
Provider compensation$68.1K2 Schedule C provider row(s)$68,075
- Plan sponsor
- Hines Corporation
- EIN
- 38-2743320
- Plan number
- 001
- Plan type
- 2
- Location
- Spring Lake, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 485 | H, C | 20240906092648NAL0000908881001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$28.3M total assets
Net assets$28.3MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $28,276,564
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $28,276,564
- Net assets (BOY)
- $24,595,346
Income & contributions
- Employer contributions
- $548,907
- Participant contributions
- $1,979,796
- Total contributions
- $2,734,587
- Total income / additions
- $7,775,820
Expenses & distributions
- Benefits paid
- $4,026,527
- Administrative expenses
- $68,075
- Total expenses
- $4,094,602
- Net increase / (decrease)
- $3,681,218
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
22%78%
Employer 22%Participant 78%
Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income52%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $41,552 | $0 | 2023 |
| Cerity Partners Retirement Service | CONSULTANT | $26,523 | not reported in the loaded dataset | 2023 |