401(k) · DOL Form 5500 · 2023

Hobby Lobby Stores, Inc. 401(k) Plan

Data updated 2026-08-11

$487M
Total assets
30,313
Participants
97th
Percentile by assets
$16,068
Avg per participant
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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.

  • 97th percentile by assets (of 127,072 plans)
  • #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.

$487M
total plan assets (2023 EOY)
30,313
covered participants
97th
percentile by assets (of 127,072 plans)
$16,068
avg assets per participant

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 →

State
Industry

Participants vs Oklahoma filers

In Oklahoma, the average filing covers about 760 participants across 1,268 plans. Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group reports 30,313 participants - 40x that state average ($487M EOY assets).

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.)

$350M$400M$450M$500M$550M$600M 202220232024 $406M $564M ▲ +38.8%
Total plan assets by year, all Hobby Lobby Stores, Inc. plans on file
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

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 an…Quiktrip Corporation…The Williams Investm…Oneok, Inc. 401(k) P…Bok Financial 401(k)…Devon Energy Corpora…
Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group vs. nearby 401(k) plans in Oklahoma, assets vs. participants

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:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group by total assets, not by location.

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).

Next read for Savings Incentive and Profit Sharing Pla…

Filing takeaways

Ways to act on Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group's numbers.

  • By total assets, Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Oklahoma. Compare plans
  • Hobby Lobby Stores, Inc.'s sponsor-wide assets have grown 38.8% since 2022 across 3 plan years on file. More Retail Trade plans