401(k) · DOL Form 5500 · 2023

Hubbard Broadcasting, Inc. 401(k) Plan

Data updated 2026-08-11

$334M
Total assets
1,816
Participants
96th
Percentile by assets
$184,165
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Hbi 401(k) Retirement Savings Plan · Sponsored by Hubbard Broadcasting, Inc. · Minnesota · Information & Media

$334M in assets, 1,816 participants

Hubbard Broadcasting, Inc.'s Hbi 401(k) Retirement Savings Plan reported $334M in total assets and 1,816 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #2,652 in Information & Media (2,818 peers)

Where Hbi 401(k) Retirement Savings Plan sits by assets

Hbi 401(k) Retirement Savings Plan sits in the top 5% of all filed plans by assets, $334M for 1,816 participants (~$184,165/participant), up 16.6% in 2023.

$334M
total plan assets (2023 EOY)
1,816
covered participants
96th
percentile by assets (of 127,072 plans)
$184,165
avg assets per participant

Where Hbi 401(k) Retirement Savings Plan sits by total assets

Hbi 401(k) Retirement Savings Plan vs every filed plan by assets

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

$334,444,216 Top 4% higher than 96% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hbi 401(k) Retirement Savings Plan reported net income rose from -$67M in the plan year 2022 filing to $48M in the plan year 2023 filing.
  • Hbi 401(k) Retirement Savings Plan end-of-year assets rose from $287M in the plan year 2022 filing to $334M in the plan year 2023 filing.
  • Hbi 401(k) Retirement Savings Plan reported participants rose from 1,797 in the plan year 2022 filing to 1,816 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Hbi 401(k) Retirement Savings Plan vs the 2023 asset distribution

By assets, Hbi 401(k) Retirement Savings Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.4x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$287M
Net Assets (End of Year)$334M
Net Income$48M
Employer EIN411427680
Plan Effective Date1961-06-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Hubbard Broadcasting, Inc.)

$250M$300M$350M$400M 202220232024 $287M $384M ▲ +33.8%
Total plan assets by year, all Hubbard Broadcasting, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,797 $287M
2023 1 1,816 $334M
2024 1 1,810 $384M

Nearby 401(k) Plans in Minnesota

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

Hbi 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Hbi 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Hbi 401(k) Retiremen…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…3M Voluntary Investm…U.S. Bank 401(k) Sav…
Hbi 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hbi 401(k) Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Hbi 401(k) Retirement Savings Plan assets move in 2023?
Hbi 401(k) Retirement Savings Plan grew sharply - up 16.6% during 2023, from $287M to $334M. Reported net income was $48M.
How have Hubbard Broadcasting, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hubbard Broadcasting, Inc.'s sponsor-wide assets grew 33.8%, from $287M to $384M.
Where does Hbi 401(k) Retirement Savings Plan rank by assets among Form 5500 filers?
Hbi 401(k) Retirement Savings Plan ranks in the 96th 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 Hbi 401(k) Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Lathrop Gpm LLP Retirement Plan and Trust in MO ($334M, 431 participants).

Next read for Hbi 401(k) Retirement Savings Plan

Scale reading

Ways to act on Hbi 401(k) Retirement Savings Plan's numbers.