Plan Snapshot
- Plan Sponsor: Hines Interests Limited Partnership
- Sponsor EIN: 760293595
- Sponsor Address: 845 TEXAS AVENUE, HOUSTON, TX, 77002
- Plan Type: 401(k)
- Total Participants: 2,799
- Total Assets: $873.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- 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 | 2,799 | $873.2M | $15.4M | $32.8M |
| 2023 | 2,843 | $771.1M | $15.2M | $31.6M |
| 2022 | 2,745 | $645.4M | $14.4M | $28.6M |
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 |
|---|---|---|---|---|
| T ROWE PRICE RPS INC | NONE | $237,391 | — | $237,391 |
| PRIME CAPITAL INVESTMENT ADVISORS | NONE | $70,200 | — | $70,200 |
| THE LAMPO GROUP, INC. | NONE | $35,268 | — | $35,268 |
| MORNINGSTAR | NONE | $32,589 | — | $32,589 |
| WEAVER AND TIDWELL, LLP | NONE | $16,800 | — | $16,800 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $392,248
- Estimated Expense Ratio: 0.045% 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 | $564,353 | $67,856 | — | $16,800 | — |
| 2023 | $448,500 | $30,495 | — | — | — |
| 2022 | $573,583 | $32,189 | — | — | $180,436 |