Plan Ledger DOL Form 5500 · updated monthly

Hines & Associates, Inc.401(k)

HINES & ASSOCIATES, INC. 401(K) PLAN · ELGIN, IL · plan year 2024

Reported admin expense ratio · 2024
0.09%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Hines & Associates, Inc. reported $10,237 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,350 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.27% to 0.09%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Illinois (2,228th of 3,702), and the 5,169th of 11,911 in health care & social assistance. In 2024, employees put in $3.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,939,782
Participants with balances148
Active participants123
Employer contributions$166,010
Employee contributions$621,441
Employer contribution per active participant$1,350
Average account balance$80,674
Benefits paid to participants$1,460,356
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$11.9M · 148 accts · $166K emplr
2023$11.1M · 145 accts · $83K emplr
2022$9.2M · 143 accts · $88K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,025
Investment management$4,212
Total administrative$10,237
The Hines & Associates, Inc. 401(k) match · 2024
Employer contribution per active participant$1,350
Median for plans this size$2,416
2024$1,350 per active participant
2023$689 per active participant
2022$769 per active participant

Hines & Associates, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
NEWPORT GROUP, INC. · Loan processing · Recordkeeping$6,025

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$10,237 · 0.09%
2023$10,945 · 0.11%
2022$30,508 · 0.27%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Rural Health, Inc. IL$12.3M · 0.59%
Ucan IL$12.0M · 0.98%
Hopedale Medical Foundation IL$11.9M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 363545085 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.