401(k) · DOL Form 5500 · 2022

Hoffer Plastics Corporation 401(k) Plan

Data updated 2026-08-25

$52M
Total assets Below avg plan size
318
Participants Below avg headcount
88th
Percentile by assets National rank
$163,417
Avg per participant Above avg balance/head
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Official DOL plan name: Hoffer Plastics Corporation Profit Sharing and 401(k) Plan · Sponsored by Hoffer Plastics Corporation · Illinois · Manufacturing

$52M in assets, 318 participants

Hoffer Plastics Corporation's Hoffer Plastics Corporation Profit Sharing and 401(k) Plan reported $52M in total assets and 318 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.

  • #17,039 in Manufacturing (20,602 peers)

Coverage in Illinois

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan covers 318 participants in Illinois, about 41% of the average Illinois filer (state average ~779 per filing). Assets: $52M.

#17,039
in Manufacturing (20,602 peers)
-21.1%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $14M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan's outsized position by total assets

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan vs every filed plan by assets

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

$51,966,655 Top 12% higher than 88% 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

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hoffer Plastics Corporation Profit Sharing and 401(k) Plan sits mid-pack in the medium band (318 participants).

EBSA filing schedule strip

Filing strip 362347537 · Hoffer Plastics Corporation PY 2022 · 401(k)

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan · $52M · 318 · 88th

  • IND $52M
  • EOY 318
  • 5500 88th
  • ASSETS 401(k)
  • PCT near Gene B. Glick Company, Inc. Retirement Plan
  • EIN ind #17039

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 Manufacturing retirement plans → · Plans in Illinois →

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan in the asset neighbourhood

Link Engineering Company Tax Deferred Savings Plan-401(k)Link Engineering Company Tax…$52MGene B. Glick Company, Inc. Retirement PlanGene B. Glick Company, Inc. …$52MHoffer Plastics Corporation Profit Sharing and 401(k) PlanHoffer Plastics Corporation …$52MKyo-Ya Management Company, Ltd. 401(k) PlanKyo-Ya Management Company, L…$52MEis 401(k) Plan$52M
End-of-year total assets ($M) among Hoffer Plastics Corporation Profit Sharing and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$66M
Net Assets (End of Year)$52M
Net Income-$14M
Employer EIN362347537
Plan Effective Date1962-11-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Hoffer Plastics Corporation)

Sponsor-wide plan assets over time

All Hoffer Plastics Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$62M 19.66225072597034% vs 2022
2024 filing year
$50M$55M$60M$65M 202220232024 $52M $62.2M ▲ +19.6%
Year Plans Participants Total Assets
2022 1 318 $52M
2023 1 324 $60M
2024 1 314 $62M

Nearby 401(k) Plans in Illinois

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

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Hoffer Plastics Corporation Profit Sharing and 401(k) Plan, Total assets ($B): 0.051966655 · Participants: 318Hoffer Plastics Corporation Profit Sharing and 401(k) PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Hoffer Plastics Corporation Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Gene B. Glick Company, Inc. Retirement Plan in IN ($52M); by covered participants it is The Homeaides LLC 401(k) Profit Sharing Plan & Trust in CT (318 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($52M here).

Similar participant headcount

Nearest other-state filings by covered participants (318 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 Hoffer Plastics Corporation Profit Sharing and 401(k) Plan assets move in 2022?
Hoffer Plastics Corporation Profit Sharing and 401(k) Plan declined sharply - down 21.1% during 2022, from $66M to $52M. Reported net income was -$14M.
How have Hoffer Plastics Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Hoffer Plastics Corporation's sponsor-wide assets grew 19.7%, from $52M to $62M.
Where does Hoffer Plastics Corporation Profit Sharing and 401(k) Plan rank by assets among Form 5500 filers?
Hoffer Plastics Corporation Profit Sharing and 401(k) Plan ranks in the 88th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Hoffer Plastics Corporation Profit Sharing and 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Gene B. Glick Company, Inc. Retirement Plan in IN ($52M, 639 participants).
Which 401(k) plans cover a similar participant headcount to Hoffer Plastics Corporation Profit Sharing and 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is The Homeaides LLC 401(k) Profit Sharing Plan & Trust in CT (318 participants, $160K in assets).