401(k) · DOL Form 5500 · 2023

Richard Soo Hoo Insurance Agency, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
13
Participants Small participant base
33rd
Percentile by assets National rank
$197,025
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Richard Soo Hoo Insurance Agency 401(k) Plan · Sponsored by Richard Soo Hoo Insurance Agency, Inc. · Massachusetts · Finance & Insurance

$3M in assets, 13 participants

Richard Soo Hoo Insurance Agency, Inc.'s Richard Soo Hoo Insurance Agency 401(k) Plan reported $3M in total assets and 13 participants in its 2023 DOL Form 5500 filing, ranking in the 33rd 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.

  • #2,054 in Finance & Insurance (8,869 peers)

What the 2023 filing shows

Richard Soo Hoo Insurance Agency 401(k) Plan holds $3M for 13 participants - about $197,025 per participant, in the lower half of filed plans by assets.

#2,054
in Finance & Insurance (8,869 peers)
-6.7%
assets change YoY

The plan reported a net loss of $185K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Richard Soo Hoo Insurance Agency 401(k) Plan among the smaller filed plans by assets

Richard Soo Hoo Insurance Agency 401(k) Plan vs every filed plan by assets

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

$2,561,331 33rd percentile higher than 33% 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

Richard Soo Hoo Insurance Agency 401(k) 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. Richard Soo Hoo Insurance Agency 401(k) Plan is a small filing (13 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Richard Soo Hoo Insurance Agency 401(k) Plan reported net income rose from -$627K in the plan year 2022 filing to -$185K in the plan year 2023 filing.
  • Richard Soo Hoo Insurance Agency 401(k) Plan reported participants rose from 12 in the plan year 2022 filing to 13 in the plan year 2023 filing.
  • Richard Soo Hoo Insurance Agency 401(k) Plan end-of-year assets fell from $3M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 043199537 · Richard Soo Hoo Insurance Agency, Inc. PY 2023 · 401(k)

Richard Soo Hoo Insurance Agency 401(k) Plan · $3M · 13 · 33rd

  • PCT $3M
  • PCT 13
  • PCT 33rd
  • PCT 401(k)
  • PCT near Elm Ridge Resources
  • PCT ind #2054

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 Finance & Insurance retirement plans → · Plans in Massachusetts →

Richard Soo Hoo Insurance Agency 401(k) Plan in the asset neighbourhood

Richard Soo Hoo Insurance Agency 401(k) PlanRichard Soo Hoo Insurance Ag…$3MElm Ridge Resources$3MArrow Ford, Inc. 401(k) Retirement PlanArrow Ford, Inc. 401(k) Reti…$3MCivil Engineering Professionals Inc 401(k) Profit ShCivil Engineering Profession…$3MStarr Corporation 401(k) Plan$3M
End-of-year total assets ($M) among Richard Soo Hoo Insurance Agency 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$3M
Net Income-$185K
Employer EIN043199537
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Richard Soo Hoo Insurance Agency, Inc.)

Sponsor-wide plan assets over time

All Richard Soo Hoo Insurance Agency, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 8.608989619966835% vs 2022
2024 filing year
$2.4M$2.6M$2.8M$3M$3.2M 202220232024 $2.75M $2.98M ▲ +8.4%
Year Plans Participants Total Assets
2022 1 12 $3M
2023 1 13 $3M
2024 2 25 $3M

Nearby 401(k) Plans in Massachusetts

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

Richard Soo Hoo Insurance Agency 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Richard Soo Hoo Insurance Agency 401(k) Plan, Total assets ($B): 0.002561331 · Participants: 13Richard Soo Hoo Insurance Agency 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Richard Soo Hoo Insurance Agency 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Richard Soo Hoo Insurance Agency 401(k) Plan side-by-side with 3 peers →

Richard Soo Hoo Insurance Agency 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Elm Ridge Resources in TX ($3M); by covered participants it is Mid-America Eye Center, Inc. Employees' Profit Sharing Plan in KS (13 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3M here).

Similar participant headcount

Nearest other-state filings by covered participants (13 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 Richard Soo Hoo Insurance Agency 401(k) Plan assets move in 2023? ▼
Richard Soo Hoo Insurance Agency 401(k) Plan pulled back noticeably - down 6.7% during 2023, from $3M to $3M. Reported net income was -$185K.
How have Richard Soo Hoo Insurance Agency, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Richard Soo Hoo Insurance Agency, Inc.'s sponsor-wide assets grew 8.6%, from $3M to $3M.
Which 401(k) plans are similar in size to Richard Soo Hoo Insurance Agency 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Elm Ridge Resources in TX ($3M, 4 participants).
Which 401(k) plans cover a similar participant headcount to Richard Soo Hoo Insurance Agency 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mid-America Eye Center, Inc. Employees' Profit Sharing Plan in KS (13 participants, $52 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 043199537.

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.