401(k) · DOL Form 5500 · 2022

Hallmark Financial Services, Inc 401(k) Plan

Data updated 2026-08-25

$34M
Total assets Below avg plan size
389
Participants Below avg headcount
84th
Percentile by assets National rank
$87,108
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hfs 401(k) Savings Plan · Sponsored by Hallmark Financial Services, Inc · Texas · Finance & Insurance

$34M in assets, 389 participants

Hallmark Financial Services, Inc's Hfs 401(k) Savings Plan reported $34M in total assets and 389 participants in its 2022 DOL Form 5500 filing, ranking in the 84th 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.

  • #6,898 in Finance & Insurance (9,261 peers)

Where Hfs 401(k) Savings Plan sits by assets

Hfs 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $34M for 389 participants (~$87,108/participant), down 15.7% in 2022.

#6,898
in Finance & Insurance (9,261 peers)
-15.7%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $6M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hfs 401(k) Savings Plan's outsized position by total assets

Hfs 401(k) Savings Plan vs every filed plan by assets

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

$33,885,141 Top 16% higher than 84% 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

Hfs 401(k) Savings 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. Hfs 401(k) Savings Plan sits mid-pack in the medium band (389 participants).

DOL schedule card

Filing strip 870447375 · Hallmark Financial Services, Inc PY 2022 · 401(k)

Hfs 401(k) Savings Plan · $34M · 389 · 84th

  • TYPE $34M
  • TYPE 389
  • TYPE 84th
  • TYPE 401(k)
  • TYPE near Sdi Services LLC 401(k) Plan
  • TYPE ind #6898

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 Finance & Insurance retirement plans → · Plans in Texas →

Hfs 401(k) Savings Plan in the asset neighbourhood

Hfs 401(k) Savings Plan$34MCroell, Inc. 401(k) Plan$34MSdi Services LLC 401(k) Plan$34MWb Engineering & Consulting, PLLC Retirement Savings PlanWb Engineering & Consulting,…$34MAmalgamated Bank 401(k) Plan for Non-Collectively Bargained EmployeesAmalgamated Bank 401(k) Plan…$34M
End-of-year total assets ($M) among Hfs 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$34M
Net Income-$6M
Employer EIN870447375
Plan Effective Date1994-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hallmark Financial Services, Inc)

Sponsor-wide plan assets over time

All Hallmark Financial Services, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$30M 12.305089714692349% vs 2022
2024 filing year
$28M$30M$32M$34M$36M 202220232024 $33.9M $29.7M ▼ -12.3%
Year Plans Participants Total Assets
2022 1 389 $34M
2023 1 418 $29M
2024 1 237 $30M

Nearby 401(k) Plans in Texas

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

Hfs 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Hfs 401(k) Savings Plan, Total assets ($B): 0.033885141 · Participants: 389Hfs 401(k) Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 37.578871 · Participants: 144503AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.266 · Participants: 23619Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 13.794958016 · Participants: 38538Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 12.806443202 · Participants: 85577American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 11.969059 · Participants: 47532Dell Inc. 401(k) Plan
Hfs 401(k) Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Hfs 401(k) Savings Plan side-by-side with 3 peers →

Hfs 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Sdi Services LLC 401(k) Plan in AZ ($34M); by covered participants it is Burke & Herbert Bank & Trust Company Investment and Savings Plan in VA (389 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (389 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 Hfs 401(k) Savings Plan assets move in 2022? ▼
Hfs 401(k) Savings Plan declined sharply - down 15.7% during 2022, from $40M to $34M. Reported net income was -$6M.
How have Hallmark Financial Services, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hallmark Financial Services, Inc's sponsor-wide assets declined 12.3%, from $34M to $30M.
Where does Hfs 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Hfs 401(k) Savings Plan ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Hfs 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Sdi Services LLC 401(k) Plan in AZ ($34M, 496 participants).
Which 401(k) plans cover a similar participant headcount to Hfs 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Burke & Herbert Bank & Trust Company Investment and Savings Plan in VA (389 participants, $52M in assets).

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 870447375.

Read our methodology - how this data is sourced, computed, and verified.

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