401(k) · DOL Form 5500 · 2023

Hni Corporation 401(k) Plan

Data updated 2026-08-25

$1.0B
Total assets Very large vs avg
6,526
Participants Above avg headcount
99th
Percentile by assets National rank
$155,812
Avg per participant Above avg balance/head
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Official DOL plan name: Hni Corporation Profit-Sharing Retirement Plan · Sponsored by Hni Corporation · Iowa · Manufacturing

$1.0B in assets, 6,526 participants

Hni Corporation's Hni Corporation Profit-Sharing Retirement Plan reported $1.0B in total assets and 6,526 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #18,274 in Manufacturing (18,722 peers)

Coverage in Iowa

Hni Corporation Profit-Sharing Retirement Plan covers 6,526 participants in Iowa, 11x the typical Iowa plan (state average ~609 per filing). Assets: $1.0B.

#18,274
in Manufacturing (18,722 peers)
+13.6%
assets growth YoY
10×
vs typical plan assets (national mean)

Hni Corporation Profit-Sharing Retirement Plan's outsized position by total assets

Hni Corporation Profit-Sharing Retirement Plan vs every filed plan by assets

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

$1,016,830,135 Top 1% higher than 99% 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

Hni Corporation Profit-Sharing Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hni Corporation Profit-Sharing Retirement Plan lands in the large band (6,526 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hni Corporation Profit-Sharing Retirement Plan reported net income rose from -$212M in the plan year 2022 filing to $122M in the plan year 2023 filing.
  • Hni Corporation Profit-Sharing Retirement Plan end-of-year assets rose from $895M in the plan year 2022 filing to $1.0B in the plan year 2023 filing.
  • Hni Corporation Profit-Sharing Retirement Plan reported participants fell from 6,844 in the plan year 2022 filing to 6,526 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 420617510 · Hni Corporation PY 2023 · 401(k)

Hni Corporation Profit-Sharing Retirement Plan · $1.0B · 6,526 · 99th

  • RANK $1.0B
  • RANK 6,526
  • RANK 99th
  • RANK 401(k)
  • RANK near Polaris 401(k) Retirement Savings Plan
  • RANK ind #18274

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 Manufacturing retirement plans → · Plans in Iowa →

Hni Corporation Profit-Sharing Retirement Plan in the asset neighbourhood

Hni Corporation Profit-Sharing Retirement PlanHni Corporation Profit-Shari…$1.0BPolaris 401(k) Retirement Savings PlanPolaris 401(k) Retirement Sa…$1.0BOncor Thrift Plan$1.0BNuvance Health 401(k) Retirement Savings PlanNuvance Health 401(k) Retire…$1.0BWebster Bank Retirement Savings PlanWebster Bank Retirement Savi…$1.0B
End-of-year total assets ($B) among Hni Corporation Profit-Sharing Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$895M
Net Assets (End of Year)$1.0B
Net Income$122M
Employer EIN420617510
Plan Effective Date1960-01-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Hni Corporation)

Sponsor-wide plan assets over time

All Hni Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$1.5B 63.52361659829835% vs 2022
2024 filing year
$0.8B$1B$1.2B$1.4B$1.6B 202220232024 $0.9B $1.47B ▲ +63.3%
Year Plans Participants Total Assets
2022 2 6,844 $901M
2023 2 6,526 $1.0B
2024 2 5,550 $1.5B

Nearby 401(k) Plans in Iowa

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

Hni Corporation Profit-Sharing Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. 0200004000060000 012345 Total assets ($B) Participants Hni Corporation Profit-Sharing Retirement Plan, Total assets ($B): 1.016830135 · Participants: 6526Hni Corporation Profit-Sharing Retirement PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
Hni Corporation Profit-Sharing Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Scale composition for Hni Corporation Profit-Sharing Retirement Plan

Hni Corporation Profit-Sharing Retirement Plan reports $1.0B in end-of-year assets across 6,526 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.007% of 93,925,755 covered participants) - about $155,812 per participant (1.1x the national average assets-per-participant) . Net income for plan year 2023 was $122M.

This plan identity (EIN 420617510, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $895M to $1.5B (+63.9%) while covered participants moved from 6,844 to 5,550 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,844 $895M Open filing
2023 6,526 $1.0B This page
2024 · index core 5,550 $1.5B Open filing

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

Hni Corporation Profit-Sharing Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Polaris 401(k) Retirement Savings Plan in MN ($1.0B); by covered participants it is Eat'n Park Hospitality Group 401(k) Retirement Plan in PA (6,525 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (6,526 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 Hni Corporation Profit-Sharing Retirement Plan assets move in 2023? ▼
Hni Corporation Profit-Sharing Retirement Plan grew at a solid clip - up 13.6% during 2023, from $895M to $1.0B. Reported net income was $122M.
How have Hni Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hni Corporation's sponsor-wide assets grew 63.5%, from $901M to $1.5B.
Where does Hni Corporation Profit-Sharing Retirement Plan rank by assets among Form 5500 filers? ▼
Hni Corporation Profit-Sharing Retirement Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Hni Corporation Profit-Sharing Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Polaris 401(k) Retirement Savings Plan in MN ($1.0B, 8,906 participants).
Which 401(k) plans cover a similar participant headcount to Hni Corporation Profit-Sharing Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Eat'n Park Hospitality Group 401(k) Retirement Plan in PA (6,525 participants, $85M in assets).