401(k) · DOL Form 5500 · 2023
Hni Corporation 401(k) Plan
Data updated 2026-08-11
- $1.0B
- Total assets
- 6,526
- Participants
- 99th
- Percentile by assets
- $155,812
- Avg per participant
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.
- 99th percentile by assets (of 127,072 plans)
- #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.
- $1.0B
- total plan assets (2023 EOY)
- 6,526
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $155,812
- avg assets per participant
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.
Participants vs Iowa filers
In Iowa, the average filing covers about 609 participants across 1,246 plans. Hni Corporation Profit-Sharing Retirement Plan reports 6,526 participants - 11x that state average ($1.0B EOY assets).
Iowa filing particulars
| Total Assets (Beginning of Year) | $895M |
|---|---|
| Net Assets (End of Year) | $1.0B |
| Net Income | $122M |
| Employer EIN | 420617510 |
| Plan Effective Date | 1960-01-03 |
| Filing Status | FILING 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
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
- The Principal Select Savings Plan $4.1B · 12,827
- Iowa Health System Section 401(k) Retirement Savings Plan $3.0B · 28,959
- The Hy-Vee and Affiliates 401(k) Plan $2.9B · 56,181
- The Rsm US LLP Retirement Plan $2.9B · 14,720
- Transamerica 401(k) Retirement Savings Plan $2.4B · 6,999
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 401(k) Plan (401(k), $1.5B, 5,550 participants)
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Hni Corporation Profit-Sharing Retirement Plan by total assets, not by location.
- Polaris 401(k) Retirement Savings Plan (MN) $1.0B · 8,906
- Oncor Thrift Plan (TX) $1.0B · 4,636
- Nuvance Health 401(k) Retirement Savings Plan (CT) $1.0B · 9,977
- Webster Bank Retirement Savings Plan (NY) $1.0B · 2,988
Frequently Asked Questions
How did Hni Corporation Profit-Sharing Retirement Plan assets move in 2023? ▼
How have Hni Corporation plan assets changed over time? ▼
Where does Hni Corporation Profit-Sharing Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Hni Corporation Profit-Sharing Retirement Plan? ▼
Next read for Hni Corporation Profit-Sharing Retiremen…
Filing takeaways
Ways to act on Hni Corporation Profit-Sharing Retirement Plan's numbers.
- By total assets, Hni Corporation Profit-Sharing Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Iowa. Compare plans
- Hni Corporation's sponsor-wide assets have grown 63.5% since 2022 across 3 plan years on file. More Manufacturing plans