401(k) · DOL Form 5500 · 2024

HI-LEX 401(k) Plan

Data updated 2026-08-11

$70M
Total assets
1,379
Participants
87th
Percentile by assets
$50,430
Avg per participant
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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.

  • 87th percentile by assets (of 123,622 plans)
  • #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.

$70M
total plan assets (2024 EOY)
1,379
covered participants
87th
percentile by assets (of 123,622 plans)
$50,430
avg assets per participant

Where Hi-Lex Employees Retirement Savings Plan sits 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 $2,010,000,000 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

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 →

State
Michigan
Industry
Manufacturing

Participants vs Michigan filers

In Michigan, the average filing covers about 638 participants across 4,220 plans. Hi-Lex Employees Retirement Savings Plan reports 1,379 participants - 2.2x that state average ($70M EOY assets).

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)

$64M$66M$68M$70M 20232024 $66M $69.5M ▲ +5.4%
Total plan assets by year, all HI-LEX plans on file
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 ($B) Participants Hi-Lex Employees Ret…, Total assets ($B): 0.069542705 · Participants: 1379Hi-Lex Employees Ret…General Motors Retir…, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retir…Ford Motor Co. Savin…, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savin…The Dow Chemical Com…, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Com…The General Motors P…, Total assets ($B): 9.568379082 · Participants: 42513The General Motors P…Ford Motor Co. Tax-E…, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-E…
Hi-Lex Employees Retirement Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Hi-Lex Employees Retirement Savings Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hi-Lex Employees Retirement Savings Plan by total assets, not by location.

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).

Next read for Hi-Lex Employees Retirement Savings Plan

Filing takeaways

Ways to act on Hi-Lex Employees Retirement Savings Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 382072086.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.