401(k) · DOL Form 5500 · 2022

Hamel Builders, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
111
Participants Small participant base
68th
Percentile by assets National rank
$106,979
Avg per participant Below avg balance/head
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Official DOL plan name: Hamel Group 401(k) Profit Sharing Plan · Sponsored by Hamel Builders, Inc. · Maryland · Construction

$12M in assets, 111 participants

Hamel Builders, Inc.'s Hamel Group 401(k) Profit Sharing Plan reported $12M in total assets and 111 participants in its 2022 DOL Form 5500 filing, ranking in the 68th 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.

  • #6,761 in Construction (9,927 peers)

Coverage in Maryland

Hamel Group 401(k) Profit Sharing Plan covers 111 participants in Maryland, about 12% of the average Maryland filer (state average ~929 per filing). Assets: $12M.

#6,761
in Construction (9,927 peers)
-13.2%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hamel Group 401(k) Profit Sharing Plan's outsized position by total assets

Hamel Group 401(k) Profit Sharing Plan vs every filed plan by assets

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

$11,874,652 Top 32% higher than 68% 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

Hamel Group 401(k) Profit Sharing 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. Hamel Group 401(k) Profit Sharing Plan sits mid-pack in the medium band (111 participants).

DOL schedule card

Filing strip 522110508 · Hamel Builders, Inc. PY 2022 · 401(k)

Hamel Group 401(k) Profit Sharing Plan · $12M · 111 · 68th

  • EIN $12M
  • RANK 111
  • PHOTO 68th
  • IND 401(k)
  • EOY near Prospect Mold and Die Company Thrift Incentive Plan
  • 5500 ind #6761

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 Construction retirement plans → · Plans in Maryland →

Hamel Group 401(k) Profit Sharing Plan in the asset neighbourhood

Ensign Natural Resources 401(k) PlanEnsign Natural Resources 401…$12MHamel Group 401(k) Profit Sharing PlanHamel Group 401(k) Profit Sh…$12MProspect Mold and Die Company Thrift Incentive PlanProspect Mold and Die Compan…$12MValue Added Solutions, Inc. 401(k) PlanValue Added Solutions, Inc. …$12MRubius Therapeutics 401(k) PlanRubius Therapeutics 401(k) P…$12M
End-of-year total assets ($M) among Hamel Group 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Maryland filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$12M
Net Income-$2M
Employer EIN522110508
Plan Effective Date1989-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hamel Builders, Inc.)

Sponsor-wide plan assets over time

All Hamel Builders, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 31.266415217894384% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $11.9M $15.6M ▲ +31.3%
Year Plans Participants Total Assets
2022 1 111 $12M
2023 1 118 $14M
2024 1 149 $16M

Nearby 401(k) Plans in Maryland

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

Hamel Group 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -1001020304050 Total assets ($B) Participants Hamel Group 401(k) Profit Sharing Plan, Total assets ($B): 0.011874652 · Participants: 111Hamel Group 401(k) Profit Sharing PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 43.624690273 · Participants: 87666Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 8.25929933 · Participants: 82576Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 3.651080244 · Participants: 6107T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.260404321 · Participants: 2819Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 1.938654635 · Participants: 74729Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Hamel Group 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants

Hamel Group 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Maryland, the nearest 401(k) by assets is Prospect Mold and Die Company Thrift Incentive Plan in OH ($12M); by covered participants it is Green Box Loans Inc, 401(k) Plan in CA (111 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (111 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 Hamel Group 401(k) Profit Sharing Plan assets move in 2022?
Hamel Group 401(k) Profit Sharing Plan pulled back noticeably - down 13.2% during 2022, from $14M to $12M. Reported net income was -$2M.
How have Hamel Builders, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hamel Builders, Inc.'s sponsor-wide assets grew 31.3%, from $12M to $16M.
Which 401(k) plans are similar in size to Hamel Group 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Prospect Mold and Die Company Thrift Incentive Plan in OH ($12M, 120 participants).
Which 401(k) plans cover a similar participant headcount to Hamel Group 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Green Box Loans Inc, 401(k) Plan in CA (111 participants, $192K in assets).