401(k) · DOL Form 5500 · 2022
Hoffman Hoffman Inc 401(k) Plan
Data updated 2026-08-11
- $212M
- Total assets
- 579
- Participants
- 96th
- Percentile by assets
- $366,947
- Avg per participant
Official DOL plan name: Hoffman Hoffman Inc Employee Stock Ownership Plan · Sponsored by Hoffman Hoffman Inc · North Carolina · Professional & Technical Services
$212M in assets, 579 participants
Hoffman Hoffman Inc's Hoffman Hoffman Inc Employee Stock Ownership Plan reported $212M in total assets and 579 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.
- 96th percentile by assets (of 139,126 plans)
- #20,899 in Professional & Technical Services (21,562 peers)
Where Hoffman Hoffman Inc Employee Stock Ownership Plan sits by assets
Hoffman Hoffman Inc Employee Stock Ownership Plan sits in the top 5% of all filed plans by assets, $212M for 579 participants (~$366,947/participant), down 2.4% in 2022.
- $212M
- total plan assets (2022 EOY)
- 579
- covered participants
- 96th
- percentile by assets (of 139,126 plans)
- $366,947
- avg assets per participant
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Hoffman Hoffman Inc Employee Stock Ownership Plan vs the 2022 asset distribution
By assets, Hoffman Hoffman Inc Employee Stock Ownership Plan outranks 96% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 2.1x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $218M |
|---|---|
| Net Assets (End of Year) | $197M |
| Net Income | -$4M |
| Employer EIN | 560667189 |
| Plan Effective Date | 1966-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hoffman Hoffman Inc)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 579 | $212M |
| 2023 | 1 | 675 | $263M |
| 2024 | 1 | 826 | $406M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Hoffman Hoffman Inc Employee Stock Ownership Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
- The Bank of America 401(k) Plan $47.1B · 169,036
- Honeywell 401(k) Plan $14.6B · 39,007
- Duke Energy Retirement Savings Plan $9.4B · 27,731
- Truist Financial Corporation 401(k) Savings Plan $9.0B · 51,871
- Lowes 401(k) Plan $7.4B · 284,864
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Hoffman Hoffman Inc Employee Stock Ownership Plan by total assets, not by location.
- Pkf O'connor Davies, LLP 401(k) Savings & Retirement Plan (NY) $212M · 1,163
- British Airways Savings Plan (NY) $212M · 564
- Bricklayers and Trowel Trades Int'l Retirement Savings Plan (DC) $212M · 19,760
- Peloton Interactive, Inc. Retirement Plan (NY) $212M · 7,720
Frequently Asked Questions
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Next read for Hoffman Hoffman Inc Employee Stock Owner…
Scale reading
Ways to act on Hoffman Hoffman Inc Employee Stock Ownership Plan's numbers.
- By total assets, Hoffman Hoffman Inc Employee Stock Ownership Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in North Carolina. Compare plans
- Hoffman Hoffman Inc's sponsor-wide assets have grown 91.2% since 2022 across 3 plan years on file. More Professional & Technical Services plans