401(k) · DOL Form 5500 · 2022

Hobby Lobby Stores, Inc. 401(k) Plan

Data updated 2026-08-11

$406M
Total assets
26,243
Participants
97th
Percentile by assets
$15,483
Avg per participant
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Official DOL plan name: Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group · Sponsored by Hobby Lobby Stores, Inc. · Oklahoma · Retail Trade

$406M in assets, 26,243 participants

Hobby Lobby Stores, Inc.'s Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group reported $406M in total assets and 26,243 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #9,381 in Retail Trade (9,519 peers)

Coverage in Oklahoma

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group covers 26,243 participants in Oklahoma, 35x the typical Oklahoma plan (state average ~760 per filing). Assets: $406M.

$406M
total plan assets (2022 EOY)
26,243
covered participants
97th
percentile by assets (of 139,126 plans)
$15,483
avg assets per participant

The plan reported a net loss of $49M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Oklahoma filers

In Oklahoma, the average filing covers about 760 participants across 1,268 plans. Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group reports 26,243 participants - 35x that state average ($406M EOY assets).

Oklahoma filing particulars

Total Assets (Beginning of Year)$456M
Net Assets (End of Year)$406M
Net Income-$49M
Employer EIN731032203
Plan Effective Date1989-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hobby Lobby Stores, Inc.)

$350M$400M$450M$500M$550M$600M 202220232024 $406M $564M ▲ +38.8%
Total plan assets by year, all Hobby Lobby Stores, Inc. plans on file
Year Plans Participants Total Assets
2022 1 26,243 $406M
2023 1 30,313 $487M
2024 1 29,560 $564M

Nearby 401(k) Plans in Oklahoma

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

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group vs. nearby 401(k) plans in Oklahoma, assets vs. participants

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group vs. nearby 401(k) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. 0100002000030000 01234 Total assets ($B) Participants Savings Incentive an…Quiktrip Corporation…The Williams Investm…Bok Financial 401(k)…Devon Energy Corpora…One Gas, Inc. 401(k)…
Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group vs. nearby 401(k) plans in Oklahoma, assets vs. participants

Scale composition for Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group reports $406M in end-of-year assets across 26,243 participants (0.003% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.028% of 93,925,755 covered participants) - about $15,483 per participant (11% of the national average assets-per-participant) . Net income for plan year 2022 was -$49M.

This plan identity (EIN 731032203, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $406M to $564M (+38.8%) while covered participants moved from 26,243 to 29,560 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 26,243 $406M This page
2023 30,313 $487M Open filing
2024 · index core 29,560 $564M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group by total assets, not by location.

Frequently Asked Questions

How did Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group assets move in 2022?
Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group pulled back noticeably - down 10.9% during 2022, from $456M to $406M. Reported net income was -$49M.
How have Hobby Lobby Stores, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hobby Lobby Stores, Inc.'s sponsor-wide assets grew 38.8%, from $406M to $564M.
Where does Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group rank by assets among Form 5500 filers?
Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group?
Among 401(k) plans in other states, the closest by assets is Engage Peo Retirement Savings Plan in FL ($406M, 19,783 participants).

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Filing takeaways

Ways to act on Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group's numbers.

  • By total assets, Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Oklahoma. Compare plans
  • Hobby Lobby Stores, Inc.'s sponsor-wide assets have grown 38.8% since 2022 across 3 plan years on file. More Retail Trade plans