401(k) · DOL Form 5500 · 2023

Hobby Lobby Stores, Inc. 401(k) Plan

Data updated 2026-08-25

$487M
Total assets Above avg plan size
30,313
Participants Very large workforce
97th
Percentile by assets National rank
$16,068
Avg per participant Low balance/head
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Official DOL plan name: Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group · Sponsored by Hobby Lobby Stores, Inc. · Oklahoma · Retail Trade

$487M in assets, 30,313 participants

Hobby Lobby Stores, Inc.'s Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group reported $487M in total assets and 30,313 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #8,276 in Retail Trade (8,414 peers)

Coverage in Oklahoma

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group covers 30,313 participants in Oklahoma, 40x the typical Oklahoma plan (state average ~760 per filing). Assets: $487M.

#8,276
in Retail Trade (8,414 peers)
+19.9%
assets growth YoY
4.9×
vs typical plan assets (national mean)

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group's outsized position by total assets

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group vs every filed plan by assets

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

$487,082,822 Top 3% higher than 97% 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

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group is a mega filing (30,313 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group reported net income rose from -$49M in the plan year 2022 filing to $81M in the plan year 2023 filing.
  • Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group end-of-year assets rose from $406M in the plan year 2022 filing to $487M in the plan year 2023 filing.
  • Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group reported participants rose from 26,243 in the plan year 2022 filing to 30,313 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 731032203 · Hobby Lobby Stores, Inc. PY 2023 · 401(k)

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group · $487M · 30,313 · 97th

  • PCT $487M
  • EIN 30,313
  • RANK 97th
  • PHOTO 401(k)
  • IND near Turner Industries 401(k) Plan
  • EOY ind #8276

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 Retail Trade retirement plans → · Plans in Oklahoma →

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group in the asset neighbourhood

Blank Rome Profit-Sharing PlanBlank Rome Profit-Sharing Pl…$488MAar Corp. Retirement Savings PlanAar Corp. Retirement Savings…$487MSavings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby GroupSavings Incentive and Profit…$487MTurner Industries 401(k) Plan$487MPublic Company Accounting Oversight Board Investment & Savings PlanPublic Company Accounting Ov…$487M
End-of-year total assets ($M) among Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Oklahoma filing particulars

Total Assets (Beginning of Year)$406M
Net Assets (End of Year)$487M
Net Income$81M
Employer EIN731032203
Plan Effective Date1989-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hobby Lobby Stores, Inc.)

Sponsor-wide plan assets over time

All Hobby Lobby Stores, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$564M 38.751685408923755% vs 2022
2024 filing year
$350M$400M$450M$500M$550M$600M 202220232024 $406M $564M ▲ +38.8%
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

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

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group vs. nearby 401(k) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 012345 Total assets ($B) Participants Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group, Total assets ($B): 0.487082822 · Participants: 30313Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby GroupQuiktrip Corporation Retirement Plan, Total assets ($B): 4.212452319 · Participants: 11746Quiktrip Corporation Retirement PlanThe Williams Investment Plus Plan, Total assets ($B): 1.681202476 · Participants: 5041The Williams Investment Plus PlanOneok, Inc. 401(k) Plan, Total assets ($B): 1.156591 · Participants: 2965Oneok, Inc. 401(k) PlanBok Financial 401(k) Plan, Total assets ($B): 1.048169756 · Participants: 4766Bok Financial 401(k) PlanDevon Energy Corporation Incentive Savings Plan, Total assets ($B): 0.932957189 · Participants: 1858Devon Energy Corporation Incentive Savings Plan
Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group vs. nearby 401(k) plans in Oklahoma, assets vs. participants
Compare Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group side-by-side with 3 peers →

Scale composition for 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 reports $487M in end-of-year assets across 30,313 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.032% of 93,925,755 covered participants) - about $16,068 per participant (12% of the national average assets-per-participant) . Net income for plan year 2023 was $81M.

This plan identity (EIN 731032203, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $406M to $564M (+38.8%) while covered participants moved from 26,243 to 29,560 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 26,243 $406M Open filing
2023 30,313 $487M This page
2024 · index core 29,560 $564M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group's out-of-state 401(k) peers by assets and headcount

Outside Oklahoma, the nearest 401(k) by assets is Turner Industries 401(k) Plan in LA ($487M); by covered participants it is The Rite Aid 401(k) Plan in PA (30,314 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($487M here).

Similar participant headcount

Nearest other-state filings by covered participants (30,313 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 Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group assets move in 2023? ▼
Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group grew sharply - up 19.9% during 2023, from $406M to $487M. Reported net income was $81M.
How have Hobby Lobby Stores, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hobby Lobby Stores, Inc.'s sponsor-wide assets grew 38.8%, from $406M to $564M.
Where does Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group rank by assets among Form 5500 filers? ▼
Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group? ▼
Among 401(k) plans in other states, the closest by assets is Turner Industries 401(k) Plan in LA ($487M, 17,371 participants).
Which 401(k) plans cover a similar participant headcount to Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group? ▼
Among 401(k) plans in other states, the closest by covered participants is The Rite Aid 401(k) Plan in PA (30,314 participants, $3.3B 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 731032203.

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.