Plan Snapshot
- Plan Sponsor: Hilite International
- Sponsor EIN: 752147742
- Sponsor Address: 2001 PEACH STREET, WHITEHALL, MI, 49461
- Plan Type: 401(k)
- Total Participants: 282
- Total Assets: $30.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 282 | $30.1M | $593,282 | $1.6M |
| 2023 | 287 | $29.9M | $662,563 | $1.7M |
| 2022 | 342 | $27.2M | $708,437 | $1.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SIKICH CPA.LLC | Auditor | $5,625 | — | $5,625 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SIKICH CPA.LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,625
- Estimated Expense Ratio: 0.019% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $96,130 | $20,554 | $5,625 | $5,625 | — |
| 2023 | $92,528 | $20,442 | $10,250 | — | — |
| 2022 | $107,063 | $24,862 | — | — | — |