SAVINGS INCENTIVE AND PROFIT SHARING PLAN FOR EMPLOYEES OF THE HOBBY LOBBY GROUP

Reviewed byPlainRetire Editorial, Retirement Plans Editorial Team · June 3, 2026

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

HOBBY LOBBY STORES, INC.

This 401(k) plan holds $487M in total assets and serves 30,313 participants as of 2023. It is sponsored by HOBBY LOBBY STORES, INC. in Oklahoma. The plan reported positive net income of $81M for the year.

Total Assets (2023)

$487M

Participants

30,313

State

Oklahoma

Industry

Retail Trade

What the Filing Says About SAVINGS INCENTIVE AND PROFIT SHARING PLAN FOR EMPLOYEES OF THE HOBBY LOBBY GROUP

SAVINGS INCENTIVE AND PROFIT SHARING PLAN FOR EMPLOYEES OF THE HOBBY LOBBY GROUP is a 401(k) retirement plan sponsored by HOBBY LOBBY STORES, INC., headquartered in Oklahoma. As of the 2023 Form 5500 filing, the plan reports $487M in total end-of-year assets and covers 30,313 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 731032203, and the plan has been effective since 1989-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $406M at the beginning of 2023 to $487M at year-end — a gain of 19.9%. Net assets (after liabilities) closed the year at $487M, with reported net income of $81M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)	$406M
Total Assets (End of Year)	$487M
Net Assets (End of Year)	$487M
Net Income	$81M
Plan Type	401(k)
Employer EIN	731032203
Plan Effective Date	1989-10-01
Filing Status	FILING RECEIVED

Sponsor Plan History (HOBBY LOBBY STORES, INC.)

Year	Plans	Participants	Total Assets
2022	1	26,243	$406M
2023	1	30,313	$487M
2024	1	29,560	$564M

Nearby 401(k) Plans in Oklahoma

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THE WILLIAMS INVESTMENT PLUS PLAN $1.7B · 5,041
ONEOK, INC. 401(K) PLAN $1.2B · 2,965
BOK FINANCIAL 401(K) PLAN $1.0B · 4,766
SAINT FRANCIS HEALTH SYSTEM, INC. 401(K) SAVINGS P $867M · 10,134

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Frequently Asked Questions

How much money is in the SAVINGS INCENTIVE AND PROFIT SHARING PLAN FOR EMPLOYEES OF THE HOBBY LOBBY GROUP? ▼

As of the 2023 Form 5500 filing, SAVINGS INCENTIVE AND PROFIT SHARING PLAN FOR EMPLOYEES OF THE HOBBY LOBBY GROUP holds $487M in total assets with 30,313 participants. It is sponsored by HOBBY LOBBY STORES, INC..

What type of plan is SAVINGS INCENTIVE AND PROFIT SHARING PLAN FOR EMPLOYEES OF THE HOBBY LOBBY GROUP? ▼

SAVINGS INCENTIVE AND PROFIT SHARING PLAN FOR EMPLOYEES OF THE HOBBY LOBBY GROUP is a 401(k) plan. It has been effective since 1989-10-01. The plan is filed with the U.S. Department of Labor under EIN 731032203.

Who sponsors the SAVINGS INCENTIVE AND PROFIT SHARING PLAN FOR EMPLOYEES OF THE HOBBY LOBBY GROUP? ▼

SAVINGS INCENTIVE AND PROFIT SHARING PLAN FOR EMPLOYEES OF THE HOBBY LOBBY GROUP is sponsored by HOBBY LOBBY STORES, INC., located in Oklahoma. The sponsor's EIN is 731032203 and the plan operates in the Retail Trade industry.

How did SAVINGS INCENTIVE AND PROFIT SHARING PLAN FOR EMPLOYEES OF THE HOBBY LOBBY GROUP perform in 2023? ▼

SAVINGS INCENTIVE AND PROFIT SHARING PLAN FOR EMPLOYEES OF THE HOBBY LOBBY GROUP grew by 19.9% during 2023, moving from $406M to $487M in total assets. Net income was $81M.

Where can I find official filings for SAVINGS INCENTIVE AND PROFIT SHARING PLAN FOR EMPLOYEES OF THE HOBBY LOBBY GROUP? ▼

Official Form 5500 filings for SAVINGS INCENTIVE AND PROFIT SHARING PLAN FOR EMPLOYEES OF THE HOBBY LOBBY GROUP are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 731032203 or plan name at efast.dol.gov.

How does SAVINGS INCENTIVE AND PROFIT SHARING PLAN FOR EMPLOYEES OF THE HOBBY LOBBY GROUP compare to other plans? ▼

You can compare SAVINGS INCENTIVE AND PROFIT SHARING PLAN FOR EMPLOYEES OF THE HOBBY LOBBY GROUP against other 401(k) plans on the plan type page, or view plans in Oklahoma on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.