401(k)
2023 plan-year 401(k) DOL Form 5500

HNI CORPORATION PROFIT-SHARING RETIREMENT PLAN

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

HNI CORPORATION

This 401(k) plan holds $1.0B in total assets and serves 6,526 participants as of 2023. It is sponsored by HNI CORPORATION in Iowa. The plan reported positive net income of $122M for the year.

Total Assets (2023)
$1.0B
Participants
6,526
State
Industry
Manufacturing

What the Filing Says About HNI CORPORATION PROFIT-SHARING RETIREMENT PLAN

HNI CORPORATION PROFIT-SHARING RETIREMENT PLAN is a 401(k) retirement plan sponsored by HNI CORPORATION, headquartered in Iowa. As of the 2023 Form 5500 filing, the plan reports $1.0B in total end-of-year assets and covers 6,526 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 420617510, and the plan has been effective since 1960-01-03. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $895M at the beginning of 2023 to $1.0B at year-end — a gain of 13.6%. Net assets (after liabilities) closed the year at $1.0B, with reported net income of $122M 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)$895M
Total Assets (End of Year)$1.0B
Net Assets (End of Year)$1.0B
Net Income$122M
Plan Type401(k)
Employer EIN420617510
Plan Effective Date1960-01-03
Filing StatusFILING RECEIVED

Sponsor Plan History (HNI CORPORATION)

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

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Frequently Asked Questions

How much money is in the HNI CORPORATION PROFIT-SHARING RETIREMENT PLAN?
As of the 2023 Form 5500 filing, HNI CORPORATION PROFIT-SHARING RETIREMENT PLAN holds $1.0B in total assets with 6,526 participants. It is sponsored by HNI CORPORATION.
What type of plan is HNI CORPORATION PROFIT-SHARING RETIREMENT PLAN?
HNI CORPORATION PROFIT-SHARING RETIREMENT PLAN is a 401(k) plan. It has been effective since 1960-01-03. The plan is filed with the U.S. Department of Labor under EIN 420617510.
Who sponsors the HNI CORPORATION PROFIT-SHARING RETIREMENT PLAN?
HNI CORPORATION PROFIT-SHARING RETIREMENT PLAN is sponsored by HNI CORPORATION, located in Iowa. The sponsor's EIN is 420617510 and the plan operates in the Manufacturing industry.
How did HNI CORPORATION PROFIT-SHARING RETIREMENT PLAN perform in 2023?
HNI CORPORATION PROFIT-SHARING RETIREMENT PLAN grew by 13.6% during 2023, moving from $895M to $1.0B in total assets. Net income was $122M.
Where can I find official filings for HNI CORPORATION PROFIT-SHARING RETIREMENT PLAN?
Official Form 5500 filings for HNI CORPORATION PROFIT-SHARING RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 420617510 or plan name at efast.dol.gov.
How does HNI CORPORATION PROFIT-SHARING RETIREMENT PLAN compare to other plans?
You can compare HNI CORPORATION PROFIT-SHARING RETIREMENT PLAN against other 401(k) plans on the plan type page, or view plans in Iowa on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 420617510.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.