401(k)
2022 plan-year 401(k) DOL Form 5500

Hoffman Car Wash, Inc. Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Hoffman Car Wash, Inc. · New York · Other Services

What the 2023 filing shows

Hoffman Car Wash, Inc. Retirement Plan holds $22M for 341 participants — about $65,256 per participant, down 14.7% over the 2022 plan year.

$22M
total plan assets (2022 EOY)
341
covered participants
$65,256
avg assets per participant
-14.7%
assets change YoY

The plan reported a net loss of $4M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$22M
Participants
341
State
Industry
Other Services

What the Filing Says About Hoffman Car Wash, Inc. Retirement Plan

Hoffman Car Wash, Inc. Retirement Plan is a 401(k) retirement plan sponsored by Hoffman Car Wash, Inc., headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $22M in total end-of-year assets and covers 341 participants across the Other Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 141515338, and the plan has been effective since 1986-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $26M at the beginning of 2022 to $22M at year-end — a decline of 14.7%. Net assets (after liabilities) closed the year at $22M, with reported net income of $-3,835,978 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$26M
Total Assets (End of Year)$22M
Net Assets (End of Year)$22M
Net Income$-3,835,978
Plan Type401(k)
Employer EIN141515338
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hoffman Car Wash, Inc.)

Year Plans Participants Total Assets
2022 1 341 $22M
2023 1 357 $26M
2024 1 360 $31M

Nearby 401(k) Plans in New York

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Frequently Asked Questions

How much money is in the Hoffman Car Wash, Inc. Retirement Plan?
As of the 2022 Form 5500 filing, Hoffman Car Wash, Inc. Retirement Plan holds $22M in total assets with 341 participants. It is sponsored by Hoffman Car Wash, Inc..
What type of plan is Hoffman Car Wash, Inc. Retirement Plan?
Hoffman Car Wash, Inc. Retirement Plan is a 401(k) plan. It has been effective since 1986-01-01. The plan is filed with the U.S. Department of Labor under EIN 141515338.
Who sponsors the Hoffman Car Wash, Inc. Retirement Plan?
Hoffman Car Wash, Inc. Retirement Plan is sponsored by Hoffman Car Wash, Inc., located in New York. The sponsor's EIN is 141515338 and the plan operates in the Other Services industry.
How did Hoffman Car Wash, Inc. Retirement Plan perform in 2022?
Hoffman Car Wash, Inc. Retirement Plan declined by 14.7% during 2022, moving from $26M to $22M in total assets. Net income was $-3,835,978.
Where can I find official filings for Hoffman Car Wash, Inc. Retirement Plan?
Official Form 5500 filings for Hoffman Car Wash, Inc. Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 141515338 or plan name at efast.dol.gov.
How does Hoffman Car Wash, Inc. Retirement Plan compare to other plans?
You can compare Hoffman Car Wash, Inc. Retirement Plan against other 401(k) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 141515338.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.