Hi-lex 401(k) Plan: Login, Facts & Contact Information
Hi-lex 401(k) Login
291 former Hi-lex employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2022 filing.
Hi-lex 401(k) Plan Facts
Source: Form 5500 for plan year 2022 (Nov 1, 2022 – Dec 31, 2022), filed Oct 16, 2023. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2022
- $1.07 million went into the plan in contributions, $264,779 of it from the employer (25%).
- $739,712 was paid out to participants.
- Investment and other income added $936,966.
- Administrative expenses were $51,260, about $37 per account.
How the Hi-lex 401(k) changed, 2017–2022
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2017 | 1,470 | $59.3 million | $1.44 million | $4.94 million |
| 2018 | 1,481 | $66.5 million | $1.48 million | $6.03 million |
| 2019 | 1,537 | $65.0 million | $1.29 million | $10.7 million |
| 2020 | 1,473 | $78.3 million | $1.37 million | $9.53 million |
| 2021 | 1,730 | $63.5 million | $1.45 million | $9.29 million |
| 2022 | 1,635 | $64.7 million | $264,779 | $739,712 |
Hi-lex 401(k) Contact Information
Questions about the Hi-lex 401(k)
Does Hi-lex contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $264,779, 25% of all contributions.
Does the Hi-lex 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Hi-lex 401(k) plan?
1,635 participants at the start of plan year 2022, 1,245 of them active employees, and 291 former employees who still had money in the plan.
What is the average 401(k) balance at Hi-lex?
About $47,159 per account: $64.7 million in plan assets across 1,372 accounts with a balance at the end of plan year 2022.
Who manages the Hi-lex 401(k) accounts?
Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Hi-lex. How do I access my 401(k)?
Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.