401(k) · DOL Form 5500 · 2022

Hobby Lobby Stores, Inc. 401(k) Plan

Data updated 2026-08-25

$406M
Total assets Above avg plan size
26,243
Participants Very large workforce
97th
Percentile by assets National rank
$15,483
Avg per participant Low balance/head
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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.

  • #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.

#9,381
in Retail Trade (9,519 peers)
-10.9%
assets change YoY
4.1×
vs typical plan assets (national mean)

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.

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group's outsized position by total assets

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$406,322,015 Top 3% higher than 97% of 139,123 filed plans

This plan $0 $2,050,000,000 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 2022

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group is a mega filing (26,243 participants), the rightmost band on the breakdown.

EBSA filing schedule strip

Filing strip 731032203 · Hobby Lobby Stores, Inc. PY 2022 · 401(k)

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group · $406M · 26,243 · 97th

  • PHOTO $406M
  • IND 26,243
  • EOY 97th
  • 5500 401(k)
  • ASSETS near Engage Peo Retirement Savings Plan
  • PCT ind #9381

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Retail Trade retirement plans → · Plans in Oklahoma →

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group in the asset neighbourhood

Equity League 401(k) Plan$407MAndritz Inc. Savings and Investment PlanAndritz Inc. Savings and Inv…$406MSavings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby GroupSavings Incentive and Profit…$406MEngage Peo Retirement Savings PlanEngage Peo Retirement Saving…$406MSound Physicians 401(k) Plan$406M
End-of-year total assets ($M) among Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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.)

Sponsor-wide plan assets over time

All Hobby Lobby Stores, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$564M 38.751685408923755% vs 2022
2024 filing year
$350M$400M$450M$500M$550M$600M 202220232024 $406M $564M ▲ +38.8%
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 Scatter plot of 6 data points. 0100002000030000 01234 Total assets ($B) Participants Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group, Total assets ($B): 0.406322015 · Participants: 26243Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby GroupQuiktrip Corporation Retirement Plan, Total assets ($B): 3.683382046 · Participants: 10862Quiktrip Corporation Retirement PlanThe Williams Investment Plus Plan, Total assets ($B): 1.385802682 · Participants: 4848The Williams Investment Plus PlanBok Financial 401(k) Plan, Total assets ($B): 0.917245856 · Participants: 4683Bok Financial 401(k) PlanDevon Energy Corporation Incentive Savings Plan, Total assets ($B): 0.791750265 · Participants: 1642Devon Energy Corporation Incentive Savings PlanOne Gas, Inc. 401(k) Plan, Total assets ($B): 0.774155 · Participants: 3586One Gas, Inc. 401(k) Plan
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:

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group's out-of-state 401(k) peers by assets and headcount

Outside Oklahoma, the nearest 401(k) by assets is Engage Peo Retirement Savings Plan in FL ($406M); by covered participants it is Leidos, Inc. Retirement Plan in VA (26,125 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($406M here).

Similar participant headcount

Nearest other-state filings by covered participants (26,243 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group? ▼
Among 401(k) plans in other states, the closest by covered participants is Leidos, Inc. Retirement Plan in VA (26,125 participants, $8.7B in assets).