401(k) · DOL Form 5500 · 2022

Hitt Contracting Inc. 401(k) Plan

Data updated 2026-08-11

$175M
Total assets
1,809
Participants
95th
Percentile by assets
$96,545
Avg per participant
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Official DOL plan name: Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan · Sponsored by Hitt Contracting Inc. · Virginia · Construction

$175M in assets, 1,809 participants

Hitt Contracting Inc.'s Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan reported $175M in total assets and 1,809 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #9,363 in Construction (9,927 peers)

Coverage in Virginia

Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan covers 1,809 participants in Virginia, 2.3x the typical Virginia plan (state average ~782 per filing). Assets: $175M.

$175M
total plan assets (2022 EOY)
1,809
covered participants
95th
percentile by assets (of 139,126 plans)
$96,545
avg assets per participant

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan sits by total assets

Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan vs every filed plan by assets

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

$174,649,892 Top 5% higher than 95% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan reports 1,809 participants - 2.3x that state average ($175M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)$190M
Net Assets (End of Year)$175M
Net Income-$15M
Employer EIN540248192
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hitt Contracting Inc.)

$150M$200M$250M$300M 202220232024 $175M $249M ▲ +42.7%
Total plan assets by year, all Hitt Contracting Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,809 $175M
2023 1 2,185 $219M
2024 1 2,343 $249M

Nearby 401(k) Plans in Virginia

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

Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -10010203040 Total assets ($B) Participants Hitt Contracting Inc…Northrop Grumman Sav…401(k) Pension PlanGeneral Dynamics Cor…Leidos, Inc. Retirem…Bae Systems Employee…
Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan assets move in 2022?
Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan pulled back noticeably - down 7.9% during 2022, from $190M to $175M. Reported net income was -$15M.
How have Hitt Contracting Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hitt Contracting Inc.'s sponsor-wide assets grew 42.7%, from $175M to $249M.
Where does Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan rank by assets among Form 5500 filers?
Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Enlink Midstream Operating, LP 401(k) Trust in TX ($175M, 1,077 participants).

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Filing takeaways

Ways to act on Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan's numbers.

  • By total assets, Hitt Contracting Inc. 401(k) Savings & Profit Sharing 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 Virginia. Compare plans
  • Hitt Contracting Inc.'s sponsor-wide assets have grown 42.7% since 2022 across 3 plan years on file. More Construction plans