Hillwood Development Company, LLC 401(k) Review & Grade
Perot Retirement Savings Plan for Employees of Hillwood Development
Dallas, TXReal Estate & Rental785 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$8,534Employer $ per active participant
$12,496Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$221.0MNet plan assets, end of year
$231,392Average balance per account
Score breakdown
- Employer generosity49.3 / 5099th percentile for employer $ per participant
- Low cost20.8 / 2583th percentile for low admin cost vs. same-size plans
- Employee saving14.5 / 1597th percentile for employee $ per participant
- Plan features0 / 10No auto-enrollment or default investment reported
Total score85 / 100 · Grade A
This plan vs. peers
Peers: Real Estate & Rental plans with 500–2,499 active participants (291 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 99th |
| Lower admin cost | 83th |
| Employee saving | 97th |
| Peers that auto-enroll | 47% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Hillwood Development Company put in about $8,534 per active participant, more than the typical peer ($1,279). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $6,698,910 |
| Participant (employee) contributions | $9,809,277 |
| Other contributions (incl. rollovers in) | $1,782,882 |
| Administrative expenses paid from the plan | $132,028 |
| Other admin expenses | $132,028 |
| Benefits paid out | $19,357,711 |
| Net assets, start / end of year | $194.7M / $221.0M |
| Active participants, start / end of year | 797 / 773 |
| Participants with account balances | 955 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Hm&m Group, LLC |
Largest service providers (Schedule C)
| The Vanguard Group, Inc | $124,132 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250807110310NAL0003662835001, received 2025-08-07, EIN 75-2228517, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.