Profit Sharing · DOL Form 5500 · 2023

Hobbs Ventures Inc. Profit Sharing Plan

Data updated 2026-08-25

$11K
Total assets Small plan by assets
1
Participants Small participant base
2nd
Percentile by assets National rank
$10,532
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hobbs Ventures Inc. Retirement Plan · Sponsored by Hobbs Ventures Inc. · Texas · Other Services

$11K in assets, 1 participants

Hobbs Ventures Inc.'s Hobbs Ventures Inc. Retirement Plan reported $11K in total assets and 1 participant in its 2023 DOL Form 5500 filing, ranking in the 2nd 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.

  • #222 in Other Services (7,857 peers)

Hobbs Ventures Inc. multi-year trail

Hobbs Ventures Inc.'s plans moved -86.7% in assets from 2022 to 2024; this filing shows Hobbs Ventures Inc. Retirement Plan at $11K / 1 participant.

#222
in Other Services (7,857 peers)
-92.6%
assets change YoY

The plan reported a net loss of $132K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hobbs Ventures Inc. Retirement Plan among the smaller filed plans by assets

Hobbs Ventures Inc. Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$10,532 2nd percentile higher than 2% of 127,068 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 2023

Hobbs Ventures Inc. Retirement Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hobbs Ventures Inc. Retirement Plan is a micro filing (1 participant), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hobbs Ventures Inc. Retirement Plan reported net income fell from $142K in the plan year 2022 filing to -$132K in the plan year 2023 filing.
  • Hobbs Ventures Inc. Retirement Plan end-of-year assets fell from $142K in the plan year 2022 filing to $11K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 881744744 · Hobbs Ventures Inc. PY 2023 · Profit Sharing

Hobbs Ventures Inc. Retirement Plan · $11K · 1 · 2nd

  • BOY $11K
  • BOY 1
  • BOY 2nd
  • BOY Profit Sharing
  • BOY near Novawood, Inc. Profit Sharing Plan
  • BOY ind #222

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 Other Services retirement plans → · Plans in Texas →

Hobbs Ventures Inc. Retirement Plan in the asset neighbourhood

Hobbs Ventures Inc. Retirement PlanHobbs Ventures Inc. Retireme…$11KNovawood, Inc. Profit Sharing PlanNovawood, Inc. Profit Sharin…$11KKoyama Dental Retirement Plan$11KNorth Coast Mental Health Associates Profit Sharing PlanNorth Coast Mental Health As…$11KAman Retirment Plan$11K
End-of-year total assets ($M) among Hobbs Ventures Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Hobbs Ventures Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Hobbs Ventures Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$19K 86.71167369901546% vs 2022
2024 filing year
$0M$0.05M$0.1M$0.15M$0.2M 202220232024 $0.14M $0.02M ▼ -85.7%
Year Plans Participants Total Assets
2022 1 1 $142K
2023 1 1 $11K
2024 1 1 $19K

Hobbs Ventures Inc. filing trail (2023)

Total Assets (Beginning of Year)$142K
Net Assets (End of Year)$11K
Net Income-$132K
Employer EIN881744744
Plan Effective Date2022-04-25
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Texas

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

Hobbs Ventures Inc. Retirement Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -202468 Total assets ($B) Participants Hobbs Ventures Inc. Retirement Plan, Total assets ($B): 0.000010532 · Participants: 1Hobbs Ventures Inc. Retirement PlanSouthwest Airlines Co. Profitsharing Plan, Total assets ($B): 5.82182651 · Participants: 71461Southwest Airlines Co. Profitsharing PlanBaylor College of Medicine Retirement Plan, Total assets ($B): 1.714999292 · Participants: 10240Baylor College of Medicine Retirement PlanH-E-B Partner Stock Plan, Total assets ($B): 1.320262511 · Participants: 96911H-E-B Partner Stock PlanThe Defined Contribution Plan of the Methodist Hospital, Total assets ($B): 0.92297353 · Participants: 29678The Defined Contribution Plan of the Methodist HospitalAmerican Heart Association, Inc. Qualified Retirement Plan, Total assets ($B): 0.456894615 · Participants: 3455American Heart Association, Inc. Qualified Retirement Plan
Hobbs Ventures Inc. Retirement Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants
Compare Hobbs Ventures Inc. Retirement Plan side-by-side with 3 peers →

Hobbs Ventures Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Texas, the nearest Profit Sharing by assets is Novawood, Inc. Profit Sharing Plan in NJ ($11K); by covered participants it is Jdb Associates of the Triad, Inc. Retirement Plan in NC (1 participant). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11K here).

Similar participant headcount

Nearest other-state filings by covered participants (1 participant); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hobbs Ventures Inc. Retirement Plan assets move in 2023? ▼
Hobbs Ventures Inc. Retirement Plan contracted severely - down 92.6% during 2023, from $142K to $11K. Reported net income was -$132K.
How have Hobbs Ventures Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hobbs Ventures Inc.'s sponsor-wide assets declined 86.7%, from $142K to $19K.
Where does Hobbs Ventures Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Hobbs Ventures Inc. Retirement Plan ranks in the 2nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Hobbs Ventures Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Novawood, Inc. Profit Sharing Plan in NJ ($11K, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Hobbs Ventures Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Jdb Associates of the Triad, Inc. Retirement Plan in NC (1 participant, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 881744744.

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.