401(k) · DOL Form 5500 · 2022
Hom Furniture, Inc. 401(k) Plan
Data updated 2026-08-11
- $57M
- Total assets
- 659
- Participants
- 89th
- Percentile by assets
- $86,385
- Avg per participant
Official DOL plan name: Hom Furniture, Inc. Profit Sharing/ 401(k) Plan · Sponsored by Hom Furniture, Inc. · Minnesota · Retail Trade
$57M in assets, 659 participants
Hom Furniture, Inc.'s Hom Furniture, Inc. Profit Sharing/ 401(k) Plan reported $57M in total assets and 659 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.
- 89th percentile by assets (of 139,126 plans)
- #8,963 in Retail Trade (9,519 peers)
Where Hom Furniture, Inc. Profit Sharing/ 401(k) Plan sits by assets
Hom Furniture, Inc. Profit Sharing/ 401(k) Plan sits in the top quartile of all filed plans by assets, $57M for 659 participants (~$86,385/participant), down 17.4% in 2022.
- $57M
- total plan assets (2022 EOY)
- 659
- covered participants
- 89th
- percentile by assets (of 139,126 plans)
- $86,385
- avg assets per participant
The plan reported a net loss of $12M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Hom Furniture, Inc. Profit Sharing/ 401(k) Plan vs the 2022 asset distribution
By assets, Hom Furniture, Inc. Profit Sharing/ 401(k) Plan outranks 89% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $69M |
|---|---|
| Net Assets (End of Year) | $57M |
| Net Income | -$12M |
| Employer EIN | 411411444 |
| Plan Effective Date | 1997-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hom Furniture, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 659 | $57M |
| 2023 | 1 | 686 | $66M |
| 2024 | 1 | 674 | $71M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Hom Furniture, Inc. Profit Sharing/ 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Unitedhealth Group 401(k) Savings Plan $18.6B · 176,886
- Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan) $12.2B · 38,825
- Target Corporation 401(k) Plan $11.2B · 400,422
- 3M Voluntary Investment Plan and Employee Stock Ownership Plan $11.1B · 37,159
- U.S. Bank 401(k) Savings Plan $8.3B · 67,646
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Hom Furniture, Inc. Profit Sharing/ 401(k) Plan by total assets, not by location.
- Middlesex Water Company 401(k) Plan (NJ) $57M · 346
- Nutreco USA 401(k) Plan (IL) $57M · 695
- Worldwide Flight Services, Inc. 401(k) Plan (TX) $57M · 15,643
- Glaukos Corporation 401(k) Profit Sharing Plan (CA) $57M · 588
Frequently Asked Questions
How did Hom Furniture, Inc. Profit Sharing/ 401(k) Plan assets move in 2022? ▼
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Ways to act on Hom Furniture, Inc. Profit Sharing/ 401(k) Plan's numbers.
- By total assets, Hom Furniture, Inc. Profit Sharing/ 401(k) Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- Hom Furniture, Inc.'s sponsor-wide assets have grown 24.6% since 2022 across 3 plan years on file. More Retail Trade plans