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

Hibu Inc. 401(k) Profit Sharing Plan Trust

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

Sponsored by Hibu Inc. · Iowa · Professional & Technical Services

What the 2023 filing shows

Hibu Inc. 401(k) Profit Sharing Plan Trust holds $286M for 1,258 participants — about $227,507 per participant, down 22.7% over the 2022 plan year.

$286M
total plan assets (2022 EOY)
1,258
covered participants
$227,507
avg assets per participant
-22.7%
assets change YoY

The plan reported a net loss of $84M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$286M
Participants
1,258
State
Industry
Professional & Technical Services

What the Filing Says About Hibu Inc. 401(k) Profit Sharing Plan Trust

Hibu Inc. 401(k) Profit Sharing Plan Trust is a 401(k) retirement plan sponsored by Hibu Inc., headquartered in Iowa. As of the 2022 Form 5500 filing, the plan reports $286M in total end-of-year assets and covers 1,258 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 200829862, and the plan has been effective since 1958-12-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $370M at the beginning of 2022 to $286M at year-end — a decline of 22.7%. Net assets (after liabilities) closed the year at $286M, with reported net income of $-84,276,404 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)$370M
Total Assets (End of Year)$286M
Net Assets (End of Year)$286M
Net Income$-84,276,404
Plan Type401(k)
Employer EIN200829862
Plan Effective Date1958-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hibu Inc.)

Year Plans Participants Total Assets
2022 1 1,258 $286M
2023 1 1,273 $316M
2024 1 1,288 $352M

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Frequently Asked Questions

How much money is in the Hibu Inc. 401(k) Profit Sharing Plan Trust?
As of the 2022 Form 5500 filing, Hibu Inc. 401(k) Profit Sharing Plan Trust holds $286M in total assets with 1,258 participants. It is sponsored by Hibu Inc..
What type of plan is Hibu Inc. 401(k) Profit Sharing Plan Trust?
Hibu Inc. 401(k) Profit Sharing Plan Trust is a 401(k) plan. It has been effective since 1958-12-01. The plan is filed with the U.S. Department of Labor under EIN 200829862.
Who sponsors the Hibu Inc. 401(k) Profit Sharing Plan Trust?
Hibu Inc. 401(k) Profit Sharing Plan Trust is sponsored by Hibu Inc., located in Iowa. The sponsor's EIN is 200829862 and the plan operates in the Professional & Technical Services industry.
How did Hibu Inc. 401(k) Profit Sharing Plan Trust perform in 2022?
Hibu Inc. 401(k) Profit Sharing Plan Trust declined by 22.7% during 2022, moving from $370M to $286M in total assets. Net income was $-84,276,404.
Where can I find official filings for Hibu Inc. 401(k) Profit Sharing Plan Trust?
Official Form 5500 filings for Hibu Inc. 401(k) Profit Sharing Plan Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 200829862 or plan name at efast.dol.gov.
How does Hibu Inc. 401(k) Profit Sharing Plan Trust compare to other plans?
You can compare Hibu Inc. 401(k) Profit Sharing Plan Trust against other 401(k) plans on the plan type page, or view plans in Iowa 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 200829862.

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.