Plan Ledger DOL Form 5500 · updated monthly

Hines Park Lincoln, Inc.401(k)

HINES PARK LINCOLN 401(K) PLAN · PLYMOUTH, MI · plan year 2022

Reported admin expense ratio · 2022
0.12%

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

Hines Park Lincoln, Inc. reported $15,429 in plan administrative expenses for 2022: 0.12% of average plan assets, below the peer median. Employer contributions averaged $2,048 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.

The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Michigan (1,408th of 2,619), and the 2,279th of 5,215 in retail trade. In 2022, employees put in $2.95 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,999,134
Participants with balances89
Active participants76
Employer contributions$155,630
Employee contributions$459,059
Employer contribution per active participant$2,048
Average account balance$134,822
Benefits paid to participants$1,029,013
Plan auditUnmodified (clean) audit opinion
AuditorDOYLE & ASSOCIATES, PLLC
The Hines Park Lincoln, Inc. 401(k) match · 2022
Employer contribution per active participant$2,048
Median for plans this size$2,266

Hines Park Lincoln, Inc.'s 2022 employer contribution ran below the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$15,429 · 0.12%
Same employer
Similar plansRetail Trade · Michigan
Blarney Castle Oil Co. MI$12.5M · 0.29%
Folk Oil Company, Inc. MI$12.3M · 0.04%
Champion Chevrolet, Inc. MI$12.0M · 0.40%
P Cor, LLC MI$12.0M · 0.53%
Raiseright, LLC MI$11.8M · 0.38%
Carls Golfland, Inc. MI$11.7M · 0.48%
Bob Maxey Lincoln, Inc. MI$11.6M · 0.68%
Borgman Ford Sales, Inc. MI$11.5M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 381917298 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.