401(k) · DOL Form 5500 · 2023

Hgs Engineering, Inc. 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets
60
Participants Small participant base
29th
Percentile by assets National rank
$28,743
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hgs Engineering, Inc. 401(k) Profit Sharing Plan · Sponsored by Hgs Engineering, Inc. · Alabama · Professional & Technical Services

$2M in assets, 60 participants

Hgs Engineering, Inc.'s Hgs Engineering, Inc. 401(k) Profit Sharing Plan reported $2M in total assets and 60 participants in its 2023 DOL Form 5500 filing, ranking in the 29th 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.

  • #4,960 in Professional & Technical Services (20,321 peers)

Hgs Engineering, Inc. multi-year trail

Hgs Engineering, Inc.'s plans moved +49.7% in assets from 2022 to 2024; this filing shows Hgs Engineering, Inc. 401(k) Profit Sharing Plan at $2M / 60 participants.

#4,960
in Professional & Technical Services (20,321 peers)
+23.5%
assets growth YoY

Hgs Engineering, Inc. 401(k) Profit Sharing Plan among the smaller filed plans by assets

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

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

$1,724,603 29th percentile higher than 29% 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

Hgs Engineering, 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. Hgs Engineering, Inc. 401(k) Profit Sharing Plan is a small filing (60 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hgs Engineering, Inc. 401(k) Profit Sharing Plan reported net income rose from -$145K in the plan year 2022 filing to $328K in the plan year 2023 filing.
  • Hgs Engineering, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $1M in the plan year 2022 filing to $2M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 631208773 · Hgs Engineering, Inc. PY 2023 · 401(k)

Hgs Engineering, Inc. 401(k) Profit Sharing Plan · $2M · 60 · 29th

  • TYPE $2M
  • NET 60
  • BOOK 29th
  • VS-ST 401(k)
  • BOY near Operation Dental, LLC Retirement Plan
  • SCH ind #4960

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 Professional & Technical Services retirement plans → · Plans in Alabama →

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

Hgs Engineering, Inc. 401(k) Profit Sharing PlanHgs Engineering, Inc. 401(k)…$2MOperation Dental, LLC Retirement PlanOperation Dental, LLC Retire…$2MRiggs Oil Co. 401(k) Plan$2MSkyline Solar LLC 401(k) Profit Sharing Plan & TrustSkyline Solar LLC 401(k) Pro…$2MApex Engineers & Stockton ConstructionApex Engineers & Stockton Co…$2M
End-of-year total assets ($M) among Hgs Engineering, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Hgs Engineering, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Hgs Engineering, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$2M 49.67426465164543% vs 2022
2024 filing year
$1M$1.5M$2M$2.5M 202220232024 $1.4M $2.09M ▲ +49.3%
Year Plans Participants Total Assets
2022 1 60 $1M
2023 1 60 $2M
2024 1 60 $2M

Hgs Engineering, Inc. filing trail (2023)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$2M
Net Income$328K
Employer EIN631208773
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Alabama

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

Hgs Engineering, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants Hgs Engineering, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.001724603 · Participants: 60Hgs Engineering, Inc. 401(k) Profit Sharing PlanRegions Financial Corporation 401(k) Plan, Total assets ($B): 2.854553916 · Participants: 20733Regions Financial Corporation 401(k) PlanEncompass Health Corporation 401(k) Retirement Plan, Total assets ($B): 1.49327201 · Participants: 24565Encompass Health Corporation 401(k) Retirement PlanHexagon Employee Retirement Savings Plan, Total assets ($B): 1.479278219 · Participants: 4618Hexagon Employee Retirement Savings PlanVulcan 401(k) Plan, Total assets ($B): 1.361024189 · Participants: 9487Vulcan 401(k) PlanMercedes-Benz U.S. International, Inc. Retirement and Savings Plan, Total assets ($B): 1.090263356 · Participants: 0Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
Hgs Engineering, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Hgs Engineering, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Alabama, the nearest 401(k) by assets is Operation Dental, LLC Retirement Plan in FL ($2M); by covered participants it is Fabricated Pipe, Inc. Profit Sharing 401(k) Plan and Trust in LA (60 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2M here).

Similar participant headcount

Nearest other-state filings by covered participants (60 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 Hgs Engineering, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Hgs Engineering, Inc. 401(k) Profit Sharing Plan grew sharply - up 23.5% during 2023, from $1M to $2M. Reported net income was $328K.
How have Hgs Engineering, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hgs Engineering, Inc.'s sponsor-wide assets grew 49.7%, from $1M to $2M.
Which 401(k) plans are similar in size to Hgs Engineering, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Operation Dental, LLC Retirement Plan in FL ($2M, 128 participants).
Which 401(k) plans cover a similar participant headcount to Hgs Engineering, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fabricated Pipe, Inc. Profit Sharing 401(k) Plan and Trust in LA (60 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 631208773.

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.