401(k) · DOL Form 5500 · 2024

HI-LEX 401(k) Plan

Data updated 2026-08-25

$70M
Total assets Below avg plan size
1,379
Participants Near avg headcount
87th
Percentile by assets National rank
$50,430
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hi-Lex Employees Retirement Savings Plan · Sponsored by HI-LEX · Michigan · Manufacturing

$70M in assets, 1,379 participants

HI-LEX's Hi-Lex Employees Retirement Savings Plan reported $70M in total assets and 1,379 participants in its 2024 DOL Form 5500 filing, ranking in the 87th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #14,543 in Manufacturing (17,777 peers)

Coverage in Michigan

Hi-Lex Employees Retirement Savings Plan covers 1,379 participants in Michigan, 2.2x the typical Michigan plan (state average ~638 per filing). Assets: $70M.

#14,543
in Manufacturing (17,777 peers)
+5.4%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Hi-Lex Employees Retirement Savings Plan's outsized position by total assets

Hi-Lex Employees Retirement Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$69,542,705 Top 13% higher than 87% of 123,620 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Hi-Lex Employees Retirement Savings Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hi-Lex Employees Retirement Savings Plan lands in the large band (1,379 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hi-Lex Employees Retirement Savings Plan reported net income rose from $1M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • Hi-Lex Employees Retirement Savings Plan end-of-year assets rose from $66M in the plan year 2023 filing to $70M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 382072086 · HI-LEX PY 2024 · 401(k)

Hi-Lex Employees Retirement Savings Plan · $70M · 1,379 · 87th

  • VS-ST $70M
  • VS-ST 1,379
  • VS-ST 87th
  • VS-ST 401(k)
  • VS-ST near Kinsale Management, Inc. 401(k) Plan
  • VS-ST ind #14543

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Michigan →

Hi-Lex Employees Retirement Savings Plan in the asset neighbourhood

Kinsale Management, Inc. 401(k) PlanKinsale Management, Inc. 401…$70MCtc Americas 401(k) Plan$70MHi-Lex Employees Retirement Savings PlanHi-Lex Employees Retirement …$70MLek Consulting Boston 401(k) PlanLek Consulting Boston 401(k)…$70MNew Seasons Market LLC 401(k) PlanNew Seasons Market LLC 401(k…$70M
End-of-year total assets ($M) among Hi-Lex Employees Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$70M
Net Income$4M
Employer EIN382072086
Plan Effective Date1992-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (HI-LEX)

Sponsor-wide plan assets over time

All HI-LEX plans reported in each filing year

Latest sponsor-wide plan assets
$70M 5.3621490581885665% vs 2023
2024 filing year
$64M$66M$68M$70M 20232024 $66M $69.5M ▲ +5.4%
Year Plans Participants Total Assets
2023 1 1,372 $66M
2024 1 1,379 $70M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Hi-Lex Employees Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Hi-Lex Employees Retirement Savings Plan, Total assets ($B): 0.069542705 · Participants: 1379Hi-Lex Employees Retirement Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Hi-Lex Employees Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

Hi-Lex Employees Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Kinsale Management, Inc. 401(k) Plan in VA ($70M); by covered participants it is Encore Enterprises, Inc. 401(k) Profit Sharing Plan in TX (1,379 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($70M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,379 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hi-Lex Employees Retirement Savings Plan assets move in 2024? ▼
Hi-Lex Employees Retirement Savings Plan grew at a solid clip - up 5.4% during 2024, from $66M to $70M. Reported net income was $4M.
How have HI-LEX plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), HI-LEX's sponsor-wide assets grew 5.4%, from $66M to $70M.
Where does Hi-Lex Employees Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Hi-Lex Employees Retirement Savings Plan ranks in the 87th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Hi-Lex Employees Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Kinsale Management, Inc. 401(k) Plan in VA ($70M, 576 participants).
Which 401(k) plans cover a similar participant headcount to Hi-Lex Employees Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Encore Enterprises, Inc. 401(k) Profit Sharing Plan in TX (1,379 participants, $8M in assets).