401(k) · DOL Form 5500 · 2022

Hobbs & Associates, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
100
Participants Small participant base
53rd
Percentile by assets National rank
$55,366
Avg per participant Low balance/head
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Official DOL plan name: Hobbs & Associates 401(k) Profit Sharing Plan · Sponsored by Hobbs & Associates, Inc. · Virginia · Wholesale Trade

$6M in assets, 100 participants

Hobbs & Associates, Inc.'s Hobbs & Associates 401(k) Profit Sharing Plan reported $6M in total assets and 100 participants in its 2022 DOL Form 5500 filing, ranking in the 53rd 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.

  • #2,794 in Wholesale Trade (6,843 peers)

Coverage in Virginia

Hobbs & Associates 401(k) Profit Sharing Plan covers 100 participants in Virginia, about 13% of the average Virginia filer (state average ~782 per filing). Assets: $6M.

#2,794
in Wholesale Trade (6,843 peers)
-10.9%
assets change YoY

The plan reported a net loss of $674K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hobbs & Associates 401(k) Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Hobbs & Associates 401(k) Profit Sharing Plan vs every filed plan by assets

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

$5,536,608 Top 47% higher than 53% 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

Hobbs & Associates 401(k) Profit Sharing 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. Hobbs & Associates 401(k) Profit Sharing Plan is a small filing (100 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 541325478 · Hobbs & Associates, Inc. PY 2022 · 401(k)

Hobbs & Associates 401(k) Profit Sharing Plan · $6M · 100 · 53rd

  • PCT $6M
  • EIN 100
  • RANK 53rd
  • PHOTO 401(k)
  • IND near Powertherm Co Inc 401(k) Profit Sharing Plan & Trust
  • EOY ind #2794

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 Wholesale Trade retirement plans → · Plans in Virginia →

Hobbs & Associates 401(k) Profit Sharing Plan in the asset neighbourhood

Hobbs & Associates 401(k) Profit Sharing PlanHobbs & Associates 401(k) Pr…$6MPowertherm Co Inc 401(k) Profit Sharing Plan & TrustPowertherm Co Inc 401(k) Pro…$6MBc Adhesives 401(k) Savings PlanBc Adhesives 401(k) Savings …$6MMarch Networks, Inc. 401(k) PlanMarch Networks, Inc. 401(k) …$6MTurnaround Consulting Services, LLC 401(k) PlanTurnaround Consulting Servic…$6M
End-of-year total assets ($M) among Hobbs & Associates 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Virginia filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income-$674K
Employer EIN541325478
Plan Effective Date1996-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hobbs & Associates, Inc.)

Sponsor-wide plan assets over time

All Hobbs & Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 58.17719079985435% vs 2022
2023 filing year
$5M$6M$7M$8M$9M$10M 20222023 $5.54M $8.76M ▲ +58.1%
Year Plans Participants Total Assets
2022 1 100 $6M
2023 1 153 $9M

Nearby 401(k) Plans in Virginia

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

Hobbs & Associates 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -10010203040 Total assets ($B) Participants Hobbs & Associates 401(k) Profit Sharing Plan, Total assets ($B): 0.005536608 · Participants: 100Hobbs & Associates 401(k) Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 32.567331218 · Participants: 92420Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 12.972737361 · Participants: 61481401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 9.624791923 · Participants: 36822General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 8.665678993 · Participants: 26125Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 8.232987243 · Participants: 31556Bae Systems Employees' Savings and Investment Plan
Hobbs & Associates 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

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

Outside Virginia, the nearest 401(k) by assets is Powertherm Co Inc 401(k) Profit Sharing Plan & Trust in TX ($6M); by covered participants it is The Contractors Retirement Plan in AZ (100 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (100 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 Hobbs & Associates 401(k) Profit Sharing Plan assets move in 2022?
Hobbs & Associates 401(k) Profit Sharing Plan pulled back noticeably - down 10.9% during 2022, from $6M to $6M. Reported net income was -$674K.
How have Hobbs & Associates, Inc. plan assets changed over time?
Across 2 plan years on file (2022-2023), Hobbs & Associates, Inc.'s sponsor-wide assets grew 58.2%, from $6M to $9M.
Which 401(k) plans are similar in size to Hobbs & Associates 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Powertherm Co Inc 401(k) Profit Sharing Plan & Trust in TX ($6M, 129 participants).
Which 401(k) plans cover a similar participant headcount to Hobbs & Associates 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is The Contractors Retirement Plan in AZ (100 participants, $223K in assets).