Profit Sharing · DOL Form 5500 · 2022

Hobbs Iron & Metal Co., Inc. Profit Sharing Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
55
Participants Small participant base
46th
Percentile by assets National rank
$74,179
Avg per participant Below avg balance/head
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Official DOL plan name: Hobbs Iron & Metal Co., Inc. Proft Sharing Plan · Sponsored by Hobbs Iron & Metal Co., Inc. · New Mexico · Wholesale Trade

$4M in assets, 55 participants

Hobbs Iron & Metal Co., Inc.'s Hobbs Iron & Metal Co., Inc. Proft Sharing Plan reported $4M in total assets and 55 participants in its 2022 DOL Form 5500 filing, ranking in the 46th 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.

  • #2,314 in Wholesale Trade (6,843 peers)

What the 2022 filing shows

Hobbs Iron & Metal Co., Inc. Proft Sharing Plan holds $4M for 55 participants - about $74,179 per participant, in the lower half of filed plans by assets.

#2,314
in Wholesale Trade (6,843 peers)
+0.5%
assets growth YoY

Hobbs Iron & Metal Co., Inc. Proft Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Hobbs Iron & Metal Co., Inc. Proft Sharing Plan vs every filed plan by assets

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

$4,079,847 46th percentile higher than 46% 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 Iron & Metal Co., Inc. Proft 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 Iron & Metal Co., Inc. Proft Sharing Plan is a small filing (55 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 850263872 · Hobbs Iron & Metal Co., Inc. PY 2022 · Profit Sharing

Hobbs Iron & Metal Co., Inc. Proft Sharing Plan · $4M · 55 · 46th

  • EOY $4M
  • EOY 55
  • EOY 46th
  • EOY Profit Sharing
  • EOY near Rsm Puerto Rico Profit Sharing Retirement Plan
  • EOY ind #2314

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 New Mexico →

Hobbs Iron & Metal Co., Inc. Proft Sharing Plan in the asset neighbourhood

Hobbs Iron & Metal Co., Inc. Proft Sharing PlanHobbs Iron & Metal Co., Inc.…$4MRsm Puerto Rico Profit Sharing Retirement PlanRsm Puerto Rico Profit Shari…$4MC and C Management Corporation Profit Sharing PlanC and C Management Corporati…$4MMacc 403(b) Retirement Savings PlanMacc 403(b) Retirement Savin…$4MRick Ruby Inc. Profit Sharing Plan and TrustRick Ruby Inc. Profit Sharin…$4M
End-of-year total assets ($M) among Hobbs Iron & Metal Co., Inc. Proft Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Filing particulars (2022)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$4M
Net Income$21K
Employer EIN850263872
Plan Effective Date1984-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hobbs Iron & Metal Co., Inc.)

Sponsor-wide plan assets over time

All Hobbs Iron & Metal Co., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$4M 3.84252154553835% vs 2022
2023 filing year
$3.9M$3.95M$4M$4.05M$4.1M 20222023 $4.08M $3.92M ▼ -3.9%
Year Plans Participants Total Assets
2022 1 55 $4M
2023 1 58 $4M

Nearby Profit Sharing Plans in New Mexico

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

Hobbs Iron & Metal Co., Inc. Proft Sharing Plan vs. nearby Profit Sharing plans in New Mexico, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1000100200300400 Total assets ($M) Participants Hobbs Iron & Metal Co., Inc. Proft Sharing Plan, Total assets ($M): 4.079847 · Participants: 55Hobbs Iron & Metal Co., Inc. Proft Sharing PlanPresbyterian Healthcare Services 401(a) Plan, Total assets ($M): 372.088163 · Participants: 11300Presbyterian Healthcare Services 401(a) PlanPresbyterian Medical Services Discretionary Contribution Plan, Total assets ($M): 30.352156 · Participants: 989Presbyterian Medical Services Discretionary Contribution PlanSanta Fe Preparatory School DC Retirement Plan, Total assets ($M): 14.540165 · Participants: 174Santa Fe Preparatory School DC Retirement PlanMedinatura, Inc. Retirement Plan, Total assets ($M): 14.399508 · Participants: 32Medinatura, Inc. Retirement PlanT & R Market Profit Sharing Plan, Total assets ($M): 11.112387 · Participants: 109T & R Market Profit Sharing Plan
Hobbs Iron & Metal Co., Inc. Proft Sharing Plan vs. nearby Profit Sharing plans in New Mexico, assets vs. participants
Compare Hobbs Iron & Metal Co., Inc. Proft Sharing Plan side-by-side with 3 peers →

Hobbs Iron & Metal Co., Inc. Proft Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New Mexico, the nearest Profit Sharing by assets is Rsm Puerto Rico Profit Sharing Retirement Plan in PR ($4M); by covered participants it is Synergex 401(k) Plan in CA (55 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (55 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 Iron & Metal Co., Inc. Proft Sharing Plan assets move in 2022? ▼
Hobbs Iron & Metal Co., Inc. Proft Sharing Plan held essentially flat - up 0.5% during 2022, from $4M to $4M. Reported net income was $21K.
How have Hobbs Iron & Metal Co., Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Hobbs Iron & Metal Co., Inc.'s sponsor-wide assets declined 3.8%, from $4M to $4M.
Which Profit Sharing plans are similar in size to Hobbs Iron & Metal Co., Inc. Proft Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Rsm Puerto Rico Profit Sharing Retirement Plan in PR ($4M, 10 participants).
Which Profit Sharing plans cover a similar participant headcount to Hobbs Iron & Metal Co., Inc. Proft Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Synergex 401(k) Plan in CA (55 participants, $10M in assets).

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 850263872.

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.