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HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 401k Plan overview

Plan NameHPS INVESTMENT PARTNERS, LLC 401(K) PLAN
Plan identification number 001

HPS INVESTMENT PARTNERS, LLC 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

HPS INVESTMENT PARTNERS, LLC has sponsored the creation of one or more 401k plans.

Company Name:HPS INVESTMENT PARTNERS, LLC
Employer identification number (EIN):208774276
NAIC Classification:551112
NAIC Description:Offices of Other Holding Companies

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HPS INVESTMENT PARTNERS, LLC 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-01-01
0012021-01-01
0012020-01-01
0012019-01-01
0012018-01-01
0012018-01-01
0012017-01-012018-10-15
0012017-01-01ANNE MARIE DE VITO
0012016-03-31ANNE MARIE DE VITO
0012016-03-31
0012016-01-012017-08-08

Plan Statistics for HPS INVESTMENT PARTNERS, LLC 401(K) PLAN

401k plan membership statisitcs for HPS INVESTMENT PARTNERS, LLC 401(K) PLAN

Measure Date Value
2022: HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01434
Total number of active participants reported on line 7a of the Form 55002022-01-01441
Number of retired or separated participants receiving benefits2022-01-010
Number of other retired or separated participants entitled to future benefits2022-01-0189
Total of all active and inactive participants2022-01-01530
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01530
Number of participants with account balances2022-01-01428
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-017
2021: HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-01368
Total number of active participants reported on line 7a of the Form 55002021-01-01361
Number of retired or separated participants receiving benefits2021-01-010
Number of other retired or separated participants entitled to future benefits2021-01-0170
Total of all active and inactive participants2021-01-01431
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01431
Number of participants with account balances2021-01-01352
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-011
2020: HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2020 401k membership
Total participants, beginning-of-year2020-01-01343
Total number of active participants reported on line 7a of the Form 55002020-01-01317
Number of retired or separated participants receiving benefits2020-01-010
Number of other retired or separated participants entitled to future benefits2020-01-0150
Total of all active and inactive participants2020-01-01367
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-010
Total participants2020-01-01367
Number of participants with account balances2020-01-01309
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-011
2019: HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2019 401k membership
Total participants, beginning-of-year2019-01-01510
Total number of active participants reported on line 7a of the Form 55002019-01-01288
Number of retired or separated participants receiving benefits2019-01-010
Number of other retired or separated participants entitled to future benefits2019-01-0155
Total of all active and inactive participants2019-01-01343
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-010
Total participants2019-01-01343
Number of participants with account balances2019-01-01298
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-013
2018: HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2018 401k membership
Total participants, beginning-of-year2018-01-01256
Total number of active participants reported on line 7a of the Form 55002018-01-01263
Number of retired or separated participants receiving benefits2018-01-010
Number of other retired or separated participants entitled to future benefits2018-01-01247
Total of all active and inactive participants2018-01-01510
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2018-01-010
Total participants2018-01-01510
Number of participants with account balances2018-01-01247
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2018-01-010
2017: HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2017 401k membership
Total of all active and inactive participants2017-01-010
Total participants, beginning-of-year2017-01-01207
Total number of active participants reported on line 7a of the Form 55002017-01-01235
Number of retired or separated participants receiving benefits2017-01-010
Number of other retired or separated participants entitled to future benefits2017-01-0120
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2017-01-011
Total participants2017-01-01256
Number of participants with account balances2017-01-01209
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2017-01-014
2016: HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2016 401k membership
Total participants, beginning-of-year2016-03-31161
Total number of active participants reported on line 7a of the Form 55002016-03-31196
Number of retired or separated participants receiving benefits2016-03-310
Number of other retired or separated participants entitled to future benefits2016-03-3111
Total of all active and inactive participants2016-03-31207
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2016-03-310
Total participants2016-03-31207
Number of participants with account balances2016-03-31165
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2016-03-311
Total of all active and inactive participants2016-01-010

Financial Data on HPS INVESTMENT PARTNERS, LLC 401(K) PLAN

Measure Date Value
2022 : HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2022 401k financial data
Total income from all sources (including contributions)2022-12-31$-2,701,721
Total of all expenses incurred2022-12-31$3,191,160
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$3,082,336
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$8,234,562
Value of total assets at end of year2022-12-31$53,911,718
Value of total assets at beginning of year2022-12-31$59,804,599
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$108,824
Total interest from all sources2022-12-31$13,624
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$943,268
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$943,268
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$1,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Contributions received from participants2022-12-31$5,778,330
Participant contributions at end of year2022-12-31$463,654
Participant contributions at beginning of year2022-12-31$350,874
Participant contributions at end of year2022-12-31$93,322
Participant contributions at beginning of year2022-12-31$71,322
Income. Received or receivable in cash from other sources (including rollovers)2022-12-31$1,260,301
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$1,012
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$353
Administrative expenses (other) incurred2022-12-31$108,824
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-5,892,881
Value of net assets at end of year (total assets less liabilities)2022-12-31$53,911,718
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$59,804,599
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$50,859,998
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$57,144,217
Interest on participant loans2022-12-31$13,536
Value of interest in common/collective trusts at end of year2022-12-31$1,272,887
Value of interest in common/collective trusts at beginning of year2022-12-31$1,224,041
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$24,915
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$16,026
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$16,026
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$88
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-11,924,567
Net investment gain or loss from common/collective trusts2022-12-31$31,392
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31No
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$1,195,931
Employer contributions (assets) at end of year2022-12-31$1,195,930
Employer contributions (assets) at beginning of year2022-12-31$997,766
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$3,082,336
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32022-12-31No
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31MAYER HOFFMAN MCCANN PC
Accountancy firm EIN2022-12-31431947695
2021 : HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2021 401k financial data
Total income from all sources (including contributions)2021-12-31$14,632,473
Total of all expenses incurred2021-12-31$3,080,032
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$2,958,965
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$6,237,015
Value of total assets at end of year2021-12-31$59,804,599
Value of total assets at beginning of year2021-12-31$48,252,158
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$121,067
Total interest from all sources2021-12-31$11,395
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$1,083,213
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$1,083,213
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$1,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Contributions received from participants2021-12-31$4,546,738
Participant contributions at end of year2021-12-31$350,874
Participant contributions at beginning of year2021-12-31$275,098
Participant contributions at end of year2021-12-31$71,322
Participant contributions at beginning of year2021-12-31$54,894
Income. Received or receivable in cash from other sources (including rollovers)2021-12-31$692,511
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$353
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$250
Administrative expenses (other) incurred2021-12-31$121,067
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$11,552,441
Value of net assets at end of year (total assets less liabilities)2021-12-31$59,804,599
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$48,252,158
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$57,144,217
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$45,641,173
Interest on participant loans2021-12-31$11,395
Value of interest in common/collective trusts at end of year2021-12-31$1,224,041
Value of interest in common/collective trusts at beginning of year2021-12-31$1,286,356
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$16,026
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$9,430
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$9,430
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$7,274,478
Net investment gain or loss from common/collective trusts2021-12-31$26,372
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31No
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$997,766
Employer contributions (assets) at end of year2021-12-31$997,766
Employer contributions (assets) at beginning of year2021-12-31$984,957
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$2,958,965
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32021-12-31No
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31MAYER HOFFMAN MCCANN PC
Accountancy firm EIN2021-12-31431947695
2020 : HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2020 401k financial data
Total income from all sources (including contributions)2020-12-31$13,361,476
Total of all expenses incurred2020-12-31$2,597,526
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$2,483,675
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$6,661,353
Value of total assets at end of year2020-12-31$48,252,158
Value of total assets at beginning of year2020-12-31$37,488,208
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$113,851
Total interest from all sources2020-12-31$8,090
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$767,222
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$767,222
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$1,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Contributions received from participants2020-12-31$4,184,843
Participant contributions at end of year2020-12-31$275,098
Participant contributions at beginning of year2020-12-31$139,541
Participant contributions at end of year2020-12-31$54,894
Participant contributions at beginning of year2020-12-31$51,974
Income. Received or receivable in cash from other sources (including rollovers)2020-12-31$1,491,553
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$250
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$227
Administrative expenses (other) incurred2020-12-31$103,851
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$10,763,950
Value of net assets at end of year (total assets less liabilities)2020-12-31$48,252,158
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$37,488,208
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$10,000
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$45,641,173
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$34,908,438
Interest on participant loans2020-12-31$8,085
Value of interest in common/collective trusts at end of year2020-12-31$1,286,356
Value of interest in common/collective trusts at beginning of year2020-12-31$1,452,232
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$9,430
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$4,648
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$4,648
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$5
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$5,892,169
Net investment gain or loss from common/collective trusts2020-12-31$32,642
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31No
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$984,957
Employer contributions (assets) at end of year2020-12-31$984,957
Employer contributions (assets) at beginning of year2020-12-31$931,148
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$2,483,675
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32020-12-31No
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Disclaimer
Accountancy firm name2020-12-31MARKS PANETH LLP
Accountancy firm EIN2020-12-31113518842
2019 : HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2019 401k financial data
Total income from all sources (including contributions)2019-12-31$12,624,439
Total of all expenses incurred2019-12-31$641,519
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$559,942
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$6,050,050
Value of total assets at end of year2019-12-31$37,488,208
Value of total assets at beginning of year2019-12-31$25,505,288
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$81,577
Total interest from all sources2019-12-31$5,350
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$667,708
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$667,708
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$10,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-12-31$0
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Contributions received from participants2019-12-31$3,798,179
Participant contributions at end of year2019-12-31$139,541
Participant contributions at beginning of year2019-12-31$156,244
Participant contributions at end of year2019-12-31$51,974
Participant contributions at beginning of year2019-12-31$52,648
Income. Received or receivable in cash from other sources (including rollovers)2019-12-31$1,320,723
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$227
Administrative expenses (other) incurred2019-12-31$81,577
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$11,982,920
Value of net assets at end of year (total assets less liabilities)2019-12-31$37,488,208
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$25,505,288
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$34,908,438
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$23,913,119
Interest on participant loans2019-12-31$5,333
Value of interest in common/collective trusts at end of year2019-12-31$1,452,232
Value of interest in common/collective trusts at beginning of year2019-12-31$998,007
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$4,648
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$923
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$923
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$17
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$5,863,686
Net investment gain or loss from common/collective trusts2019-12-31$37,645
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31No
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$931,148
Employer contributions (assets) at end of year2019-12-31$931,148
Employer contributions (assets) at beginning of year2019-12-31$384,347
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$559,942
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32019-12-31No
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31Yes
Opinion of an independent qualified public accountant for this plan2019-12-31Disclaimer
Accountancy firm name2019-12-31MARKS PANETH LLP
Accountancy firm EIN2019-12-31113518842
2018 : HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2018 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2018-12-31$-10,396,294
Total unrealized appreciation/depreciation of assets2018-12-31$-10,396,294
Total transfer of assets to this plan2018-12-31$24,080,000
Total transfer of assets from this plan2018-12-31$7,188,835
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$8,136,086
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2018-12-31$14,409,495
Expenses. Interest paid2018-12-31$69,690
Amount of participant contributions which was failed to transmit to the plan within the time period described in 29 CFR 251.3-1022018-12-31$69,690
Total income from all sources (including contributions)2018-12-31$4,568,672
Total loss/gain on sale of assets2018-12-31$488,630
Total of all expenses incurred2018-12-31$747,695
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2018-12-31$695,527
Value of total corrective distributions2018-12-31$87
Total contributions o plan (from employers,participants, others, non cash contrinutions)2018-12-31$6,261,099
Value of total assets at end of year2018-12-31$25,505,288
Value of total assets at beginning of year2018-12-31$21,684,311
Total of administrative expenses incurred including professional, contract, advisory and management fees2018-12-31$52,081
Total interest from all sources2018-12-31$7,484
Total dividends received (eg from common stock, registered investment company shares)2018-12-31$530,288
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2018-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2018-12-31$530,288
Administrative expenses professional fees incurred2018-12-31$260,391
Was this plan covered by a fidelity bond2018-12-31Yes
Value of fidelity bond cover2018-12-31$10,000,000
If this is an individual account plan, was there a blackout period2018-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-12-31$0
Were there any nonexempt tranactions with any party-in-interest2018-12-31No
Contributions received from participants2018-12-31$3,018,100
Participant contributions at end of year2018-12-31$156,244
Participant contributions at beginning of year2018-12-31$164,169
Participant contributions at end of year2018-12-31$52,648
Assets. Other investments not covered elsewhere at end of year2018-12-31$10,469,690
Assets. Other investments not covered elsewhere at beginning of year2018-12-31$4,610,693
Income. Received or receivable in cash from other sources (including rollovers)2018-12-31$2,858,652
Value of other receiveables (less allowance for doubtful accounts) at end of year2018-12-31$3,084,275
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2018-12-31$1,921,006
Assets. Loans (other than to participants) at end of year2018-12-31$121,719,797
Assets. Loans (other than to participants) at beginning of year2018-12-31$93,775,390
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2018-12-31$8,136,086
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2018-12-31$14,409,495
Other income not declared elsewhere2018-12-31$108,626
Administrative expenses (other) incurred2018-12-31$52,081
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Value of net income/loss2018-12-31$3,820,977
Value of net assets at end of year (total assets less liabilities)2018-12-31$25,505,288
Value of net assets at beginning of year (total assets less liabilities)2018-12-31$21,684,311
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2018-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2018-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2018-12-31$305,000,000
Were any leases to which the plan was party in default or uncollectible2018-12-31No
Investment advisory and management fees2018-12-31$1,059,270
Value of interest in registered invesment companies (eg mutual funds) at end of year2018-12-31$23,913,119
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2018-12-31$20,723,929
Interest on participant loans2018-12-31$7,478
Value of interest in common/collective trusts at end of year2018-12-31$998,007
Value of interest in common/collective trusts at beginning of year2018-12-31$574,063
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2018-12-31$923
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2018-12-31$6,856
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2018-12-31$6,856
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2018-12-31$6
Net investment gain/loss from registered investment companies (e.g. mutual funds)2018-12-31$-2,255,538
Net investment gain or loss from common/collective trusts2018-12-31$25,339
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2018-12-31No
Was there a failure to transmit to the plan any participant contributions2018-12-31No
Has the plan failed to provide any benefit when due under the plan2018-12-31No
Contributions received in cash from employer2018-12-31$384,347
Employer contributions (assets) at end of year2018-12-31$384,347
Employer contributions (assets) at beginning of year2018-12-31$215,294
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2018-12-31$695,527
Asset. Corporate debt instrument debt (other) at end of year2018-12-31$40,128,869
Asset. Corporate debt instrument debt (other) at beginning of year2018-12-31$43,732,183
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32018-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2018-12-31$1,265,239
Assets. Corporate common stocks other than exployer securities at beginning of year2018-12-31$1,082,133
Did the plan have assets held for investment2018-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2018-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2018-12-31No
Aggregate proceeds on sale of assets2018-12-31$140,887,633
Aggregate carrying amount (costs) on sale of assets2018-12-31$140,399,003
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2018-12-31Yes
Opinion of an independent qualified public accountant for this plan2018-12-31Disclaimer
Accountancy firm name2018-12-31MARKS PANETH LLP
Accountancy firm EIN2018-12-31113518842
2017 : HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2017 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2017-12-31$-3,286,857
Total unrealized appreciation/depreciation of assets2017-12-31$-3,286,857
Total transfer of assets to this plan2017-12-31$35,500,000
Total transfer of assets from this plan2017-12-31$5,478,419
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$14,409,495
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2017-12-31$10,043,427
Total income from all sources (including contributions)2017-12-31$7,246,221
Total loss/gain on sale of assets2017-12-31$2,822,018
Total of all expenses incurred2017-12-31$475,907
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2017-12-31$436,356
Total contributions o plan (from employers,participants, others, non cash contrinutions)2017-12-31$4,298,076
Value of total assets at end of year2017-12-31$21,684,311
Value of total assets at beginning of year2017-12-31$14,913,997
Total of administrative expenses incurred including professional, contract, advisory and management fees2017-12-31$39,551
Total interest from all sources2017-12-31$4,261
Total dividends received (eg from common stock, registered investment company shares)2017-12-31$410,027
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2017-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2017-12-31$410,027
Administrative expenses professional fees incurred2017-12-31$374,723
Was this plan covered by a fidelity bond2017-12-31Yes
Value of fidelity bond cover2017-12-31$10,000,000
If this is an individual account plan, was there a blackout period2017-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-12-31$0
Were there any nonexempt tranactions with any party-in-interest2017-12-31No
Contributions received from participants2017-12-31$2,506,337
Participant contributions at end of year2017-12-31$164,169
Participant contributions at beginning of year2017-12-31$130,014
Assets. Other investments not covered elsewhere at end of year2017-12-31$4,610,693
Assets. Other investments not covered elsewhere at beginning of year2017-12-31$76,557,130
Income. Received or receivable in cash from other sources (including rollovers)2017-12-31$1,576,446
Value of other receiveables (less allowance for doubtful accounts) at end of year2017-12-31$1,921,006
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2017-12-31$5,520,868
Assets. Loans (other than to participants) at end of year2017-12-31$93,775,390
Assets. Loans (other than to participants) at beginning of year2017-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2017-12-31$14,409,495
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2017-12-31$10,043,427
Other income not declared elsewhere2017-12-31$251,112
Administrative expenses (other) incurred2017-12-31$39,551
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Value of net income/loss2017-12-31$6,770,314
Value of net assets at end of year (total assets less liabilities)2017-12-31$21,684,311
Value of net assets at beginning of year (total assets less liabilities)2017-12-31$14,913,997
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2017-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2017-12-31No
Amount of loans by the plan or fixed income obligations due to the plan which were in default/classified-as-uncollectible as of the close of the plan year2017-12-31$1
Were any leases to which the plan was party in default or uncollectible2017-12-31No
Investment advisory and management fees2017-12-31$788,129
Value of interest in registered invesment companies (eg mutual funds) at end of year2017-12-31$20,723,929
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2017-12-31$14,616,246
Interest on participant loans2017-12-31$4,261
Value of interest in common/collective trusts at end of year2017-12-31$574,063
Value of interest in common/collective trusts at beginning of year2017-12-31$0
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2017-12-31$6,856
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2017-12-31$309
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2017-12-31$309
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2017-12-31$8,700,884
Net investment gain/loss from registered investment companies (e.g. mutual funds)2017-12-31$2,527,702
Net investment gain or loss from common/collective trusts2017-12-31$6,155
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2017-12-31No
Was there a failure to transmit to the plan any participant contributions2017-12-31No
Has the plan failed to provide any benefit when due under the plan2017-12-31No
Contributions received in cash from employer2017-12-31$215,293
Employer contributions (assets) at end of year2017-12-31$215,294
Employer contributions (assets) at beginning of year2017-12-31$167,428
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2017-12-31$436,356
Asset. Corporate debt instrument debt (other) at end of year2017-12-31$43,732,183
Asset. Corporate debt instrument debt (other) at beginning of year2017-12-31$38,164,303
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32017-12-31No
Assets. Corporate common stocks other than exployer securities at end of year2017-12-31$1,082,133
Assets. Corporate common stocks other than exployer securities at beginning of year2017-12-31$0
Did the plan have assets held for investment2017-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2017-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2017-12-31No
Aggregate proceeds on sale of assets2017-12-31$150,439,309
Aggregate carrying amount (costs) on sale of assets2017-12-31$147,617,291
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2017-12-31Yes
Opinion of an independent qualified public accountant for this plan2017-12-31Disclaimer
Accountancy firm name2017-12-31MARKS PANETH LLP
Accountancy firm EIN2017-12-31113518842
2016 : HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2016 401k financial data
Unrealized appreciation/depreciation of other (non real estate) assets2016-12-31$4,539,443
Total unrealized appreciation/depreciation of assets2016-12-31$4,539,443
Total transfer of assets to this plan2016-12-31$37,500,000
Total transfer of assets from this plan2016-12-31$4,290,340
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$10,043,427
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2016-12-31$2,638,042
Total income from all sources (including contributions)2016-12-31$13,425,905
Total loss/gain on sale of assets2016-12-31$2,290,345
Total of all expenses incurred2016-12-31$2,521,488
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2016-12-31$0
Total contributions o plan (from employers,participants, others, non cash contrinutions)2016-12-31$0
Value of total assets at end of year2016-12-31$131,440,867
Value of total assets at beginning of year2016-12-31$79,921,405
Total of administrative expenses incurred including professional, contract, advisory and management fees2016-12-31$2,521,488
Total interest from all sources2016-12-31$6,563,769
Total dividends received (eg from common stock, registered investment company shares)2016-12-31$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2016-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2016-12-31$235,922
Administrative expenses professional fees incurred2016-12-31$276,079
Was this plan covered by a fidelity bond2016-12-31No
Value of fidelity bond cover2016-12-31$10,000,000
If this is an individual account plan, was there a blackout period2016-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-12-31$0
Were there any nonexempt tranactions with any party-in-interest2016-12-31No
Contributions received from participants2016-12-31$692,052
Participant contributions at end of year2016-12-31$130,014
Participant contributions at beginning of year2016-12-31$0
Assets. Other investments not covered elsewhere at end of year2016-12-31$76,557,130
Assets. Other investments not covered elsewhere at beginning of year2016-12-31$311,667
Income. Received or receivable in cash from other sources (including rollovers)2016-12-31$627,992
Value of other receiveables (less allowance for doubtful accounts) at end of year2016-12-31$5,520,868
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2016-12-31$351,921
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2016-12-31$10,043,427
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2016-12-31$2,638,042
Other income not declared elsewhere2016-12-31$32,348
Administrative expenses (other) incurred2016-12-31$436,243
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Value of net income/loss2016-12-31$10,904,417
Value of net assets at end of year (total assets less liabilities)2016-12-31$121,397,440
Value of net assets at beginning of year (total assets less liabilities)2016-12-31$77,283,363
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2016-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2016-12-31No
Were any leases to which the plan was party in default or uncollectible2016-12-31No
Investment advisory and management fees2016-12-31$1,809,166
Value of interest in registered invesment companies (eg mutual funds) at end of year2016-12-31$14,616,246
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2016-12-31$0
Interest on participant loans2016-12-31$2,775
Income. Interest from corporate debt instruments2016-12-31$6,563,769
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2016-12-31$11,198,566
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2016-12-31$48,892,293
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2016-12-31$48,892,293
Net investment gain/loss from registered investment companies (e.g. mutual funds)2016-12-31$854,627
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2016-12-31No
Was there a failure to transmit to the plan any participant contributions2016-12-31No
Has the plan failed to provide any benefit when due under the plan2016-12-31No
Contributions received in cash from employer2016-12-31$167,428
Employer contributions (assets) at end of year2016-12-31$167,428
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2016-12-31$52,639
Asset. Corporate debt instrument debt (other) at end of year2016-12-31$38,164,303
Asset. Corporate debt instrument debt (other) at beginning of year2016-12-31$30,365,524
Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-32016-12-31No
Did the plan have assets held for investment2016-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2016-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2016-12-31No
Aggregate proceeds on sale of assets2016-12-31$90,776,851
Aggregate carrying amount (costs) on sale of assets2016-12-31$88,486,506
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2016-12-31No
Opinion of an independent qualified public accountant for this plan2016-12-31Unqualified
Accountancy firm name2016-12-31PRICEWATERHOUSECOOPERS LLP
Accountancy firm EIN2016-12-31134008324

Form 5500 Responses for HPS INVESTMENT PARTNERS, LLC 401(K) PLAN

2022: HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes
2018: HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2018 form 5500 responses
2018-01-01Type of plan entitySingle employer plan
2018-01-01Submission has been amendedNo
2018-01-01This submission is the final filingNo
2018-01-01This return/report is a short plan year return/report (less than 12 months)No
2018-01-01Plan is a collectively bargained planNo
2018-01-01Plan funding arrangement – TrustYes
2018-01-01Plan benefit arrangement - TrustYes
2017: HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2017 form 5500 responses
2017-01-01Type of plan entityDFE (Diect Filing Entity)
2017-01-01Submission has been amendedNo
2017-01-01This submission is the final filingNo
2017-01-01This return/report is a short plan year return/report (less than 12 months)No
2017-01-01Plan is a collectively bargained planNo
2016: HPS INVESTMENT PARTNERS, LLC 401(K) PLAN 2016 form 5500 responses
2016-03-31Type of plan entitySingle employer plan
2016-03-31First time form 5500 has been submittedYes
2016-03-31Submission has been amendedYes
2016-03-31This return/report is a short plan year return/report (less than 12 months)Yes
2016-03-31Plan funding arrangement – TrustYes
2016-03-31Plan benefit arrangement - TrustYes
2016-01-01Type of plan entityDFE (Diect Filing Entity)
2016-01-01Submission has been amendedNo
2016-01-01This submission is the final filingNo
2016-01-01This return/report is a short plan year return/report (less than 12 months)No
2016-01-01Plan is a collectively bargained planNo

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