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

Hercules Industries, Inc. 401(k) Profit Sharing Plan and Trust

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

Sponsored by Hercules Industries, Inc. · Colorado · Wholesale Trade

What the 2023 filing shows

Hercules Industries, Inc. 401(k) Profit Sharing Plan and Trust holds $22M for 403 participants — about $54,503 per participant, down 12.6% over the 2022 plan year.

$22M
total plan assets (2022 EOY)
403
covered participants
$54,503
avg assets per participant
-12.6%
assets change YoY

The plan reported a net loss of $3M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$22M
Participants
403
State
Industry
Wholesale Trade

What the Filing Says About Hercules Industries, Inc. 401(k) Profit Sharing Plan and Trust

Hercules Industries, Inc. 401(k) Profit Sharing Plan and Trust is a 401(k) retirement plan sponsored by Hercules Industries, Inc., headquartered in Colorado. As of the 2022 Form 5500 filing, the plan reports $22M in total end-of-year assets and covers 403 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 840516481, and the plan has been effective since 1985-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $25M at the beginning of 2022 to $22M at year-end — a decline of 12.6%. Net assets (after liabilities) closed the year at $22M, with reported net income of $-3,162,097 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)$25M
Total Assets (End of Year)$22M
Net Assets (End of Year)$22M
Net Income$-3,162,097
Plan Type401(k)
Employer EIN840516481
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hercules Industries, Inc.)

Year Plans Participants Total Assets
2022 2 798 $123M
2023 2 875 $133M
2024 2 930 $139M

Nearby 401(k) Plans in Colorado

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

Frequently Asked Questions

How much money is in the Hercules Industries, Inc. 401(k) Profit Sharing Plan and Trust?
As of the 2022 Form 5500 filing, Hercules Industries, Inc. 401(k) Profit Sharing Plan and Trust holds $22M in total assets with 403 participants. It is sponsored by Hercules Industries, Inc..
What type of plan is Hercules Industries, Inc. 401(k) Profit Sharing Plan and Trust?
Hercules Industries, Inc. 401(k) Profit Sharing Plan and Trust is a 401(k) plan. It has been effective since 1985-01-01. The plan is filed with the U.S. Department of Labor under EIN 840516481.
Who sponsors the Hercules Industries, Inc. 401(k) Profit Sharing Plan and Trust?
Hercules Industries, Inc. 401(k) Profit Sharing Plan and Trust is sponsored by Hercules Industries, Inc., located in Colorado. The sponsor's EIN is 840516481 and the plan operates in the Wholesale Trade industry.
How did Hercules Industries, Inc. 401(k) Profit Sharing Plan and Trust perform in 2022?
Hercules Industries, Inc. 401(k) Profit Sharing Plan and Trust declined by 12.6% during 2022, moving from $25M to $22M in total assets. Net income was $-3,162,097.
Where can I find official filings for Hercules Industries, Inc. 401(k) Profit Sharing Plan and Trust?
Official Form 5500 filings for Hercules Industries, Inc. 401(k) Profit Sharing Plan and Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 840516481 or plan name at efast.dol.gov.
How does Hercules Industries, Inc. 401(k) Profit Sharing Plan and Trust compare to other plans?
You can compare Hercules Industries, Inc. 401(k) Profit Sharing Plan and Trust against other 401(k) plans on the plan type page, or view plans in Colorado 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 840516481.

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.