401(k) · DOL Form 5500 · 2023

Hobbs, Inc. 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
87
Participants Small participant base
75th
Percentile by assets National rank
$266,471
Avg per participant High balance/head
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Official DOL plan name: Hobbs, Inc. 401(k) Profit Sharing Plan · Sponsored by Hobbs, Inc. · Connecticut · Construction

$23M in assets, 87 participants

Hobbs, Inc.'s Hobbs, Inc. 401(k) Profit Sharing Plan reported $23M in total assets and 87 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #6,667 in Construction (9,030 peers)

Where Hobbs, Inc. 401(k) Profit Sharing Plan sits by assets

Hobbs, Inc. 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $23M for 87 participants (~$266,471/participant), up 12.2% in 2023.

#6,667
in Construction (9,030 peers)
+12.2%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Hobbs, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Hobbs, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$23,182,942 Top 25% higher than 75% 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, Inc. 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hobbs, Inc. 401(k) Profit Sharing Plan is a small filing (87 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hobbs, Inc. 401(k) Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Hobbs, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $21M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Hobbs, Inc. 401(k) Profit Sharing Plan reported participants rose from 81 in the plan year 2022 filing to 87 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 060692219 · Hobbs, Inc. PY 2023 · 401(k)

Hobbs, Inc. 401(k) Profit Sharing Plan · $23M · 87 · 75th

  • PCT $23M
  • PCT 87
  • PCT 75th
  • PCT 401(k)
  • PCT near The Life Is Good Company 401(k) Profit Sharing Plan
  • PCT ind #6667

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 Construction retirement plans → · Plans in Connecticut →

Hobbs, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Sojern, Inc. 401(k) Plan$23MHobbs, Inc. 401(k) Profit Sharing PlanHobbs, Inc. 401(k) Profit Sh…$23MThe Life Is Good Company 401(k) Profit Sharing PlanThe Life Is Good Company 401…$23MNew Mexico Mutual 401(k) Plan$23MTrevipay 401(k) Plan$23M
End-of-year total assets ($M) among Hobbs, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$23M
Net Income$3M
Employer EIN060692219
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hobbs, Inc.)

Sponsor-wide plan assets over time

All Hobbs, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 22.56830018192096% vs 2022
2024 filing year
$20M$22M$24M$26M 202220232024 $20.7M $25.3M ▲ +22.6%
Year Plans Participants Total Assets
2022 1 81 $21M
2023 1 87 $23M
2024 1 89 $25M

Nearby 401(k) Plans in Connecticut

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

Hobbs, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Hobbs, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.023182942 · Participants: 87Hobbs, Inc. 401(k) Profit Sharing PlanRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanEversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) Plan
Hobbs, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Hobbs, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Hobbs, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is The Life Is Good Company 401(k) Profit Sharing Plan in NH ($23M); by covered participants it is Landrum & Brown 401(k) and Profit Sharing Plan in OH (87 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($23M here).

Similar participant headcount

Nearest other-state filings by covered participants (87 participants); 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, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Hobbs, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 12.2% during 2023, from $21M to $23M. Reported net income was $3M.
How have Hobbs, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hobbs, Inc.'s sponsor-wide assets grew 22.6%, from $21M to $25M.
Where does Hobbs, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Hobbs, Inc. 401(k) Profit Sharing Plan ranks in the 75th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Hobbs, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Life Is Good Company 401(k) Profit Sharing Plan in NH ($23M, 261 participants).
Which 401(k) plans cover a similar participant headcount to Hobbs, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Landrum & Brown 401(k) and Profit Sharing Plan in OH (87 participants, 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 060692219.

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.