Profit Sharing · DOL Form 5500 · 2022

HIRED Profit Sharing Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
93
Participants Small participant base
51st
Percentile by assets National rank
$56,321
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hired 401(k) Plan · Sponsored by HIRED · Minnesota · Administrative & Support Services

$5M in assets, 93 participants

HIRED's Hired 401(k) Plan reported $5M in total assets and 93 participants in its 2022 DOL Form 5500 filing, ranking in the 51st 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.

  • #3,611 in Administrative & Support Services (4,927 peers)

Administrative & Support Services sector rank

Within Administrative & Support Services, Hired 401(k) Plan ranks #3,611 of 4,927 2022 filers by assets (551% of the sector average)-$5M for 93 participants.

#3,611
in Administrative & Support Services (4,927 peers)
-15.8%
assets change YoY

The plan reported a net loss of $982K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hired 401(k) Plan's mid-pack asset rank among Administrative & Support Services and all filers

Hired 401(k) Plan vs every filed plan by assets

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

$5,237,831 Top 49% higher than 51% 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

Hired 401(k) Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hired 401(k) Plan is a small filing (93 participants) on this national headcount ladder.

Plan-year Form 5500 strip

Filing strip 416078344 · HIRED PY 2022 · Profit Sharing

Hired 401(k) Plan · $5M · 93 · 51st

  • BOY $5M
  • SCH 93
  • EBSA 51st
  • PART Profit Sharing
  • TYPE near Jorge M. Suro Ballester Retirement Plan
  • NET ind #3611

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 Administrative & Support Services retirement plans → · Plans in Minnesota →

Hired 401(k) Plan in the asset neighbourhood

Hired 401(k) Plan$5MAddicts Rehabiliation Center Retirement Plan and TrustAddicts Rehabiliation Center…$5MJorge M. Suro Ballester Retirement PlanJorge M. Suro Ballester Reti…$5MCitation Box and Paper Co. Profit Sharing Plan and Retirement TrustCitation Box and Paper Co. P…$5MSouthern Spring and Stamping, Inc. Profit Sharing PlanSouthern Spring and Stamping…$5M
End-of-year total assets ($M) among Hired 401(k) Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Administrative & Support Services filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$982K
Employer EIN416078344
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (HIRED)

Sponsor-wide plan assets over time

All HIRED plans reported in each filing year

Latest sponsor-wide plan assets
$6M 9.23300121748869% vs 2022
2024 filing year
$5M$5.2M$5.4M$5.6M$5.8M$6M 202220232024 $5.24M $5.72M ▲ +9.2%
Year Plans Participants Total Assets
2022 1 93 $5M
2023 1 97 $6M
2024 1 104 $6M

Nearby Profit Sharing Plans in Minnesota

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Hired 401(k) Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.52 Total assets ($B) Participants Hired 401(k) Plan, Total assets ($B): 0.005237831 · Participants: 93Hired 401(k) PlanEssentia Health Retirement Plan, Total assets ($B): 1.61318726 · Participants: 14444Essentia Health Retirement PlanPipe Trades Services Mn Pension Supplement Fund, Total assets ($B): 1.394999238 · Participants: 6268Pipe Trades Services Mn Pension Supplement FundAllina 403(b) Retirement Savings Plan, Total assets ($B): 0.846612268 · Participants: 10170Allina 403(b) Retirement Savings PlanFairview Health Services Pension Plan, Total assets ($B): 0.542260343 · Participants: 5177Fairview Health Services Pension PlanCargill Employee Retirement Account Plan, Total assets ($B): 0.397133832 · Participants: 18794Cargill Employee Retirement Account Plan
Hired 401(k) Plan vs. nearby Profit Sharing plans in Minnesota, assets vs. participants

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

Outside Minnesota, the nearest Profit Sharing by assets is Jorge M. Suro Ballester Retirement Plan in PR ($5M); by covered participants it is Robert Chick Fritz, Inc. Profit Sharing Plan and Trust in IL (93 participants). Same-state nearby plans are listed separately above.

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 Hired 401(k) Plan assets move in 2022?
Hired 401(k) Plan declined sharply - down 15.8% during 2022, from $6M to $5M. Reported net income was -$982K.
How have HIRED plan assets changed over time?
Across 3 plan years on file (2022-2024), HIRED's sponsor-wide assets grew 9.2%, from $5M to $6M.
Which Profit Sharing plans are similar in size to Hired 401(k) Plan?
Among Profit Sharing plans in other states, the closest by assets is Jorge M. Suro Ballester Retirement Plan in PR ($5M, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Hired 401(k) Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Robert Chick Fritz, Inc. Profit Sharing Plan and Trust in IL (93 participants, $6M in assets).