401(k) · DOL Form 5500 · 2023

Hom Furniture, Inc. 401(k) Plan

Data updated 2026-08-25

$66M
Total assets Below avg plan size
686
Participants Below avg headcount
88th
Percentile by assets National rank
$95,745
Avg per participant Below avg balance/head
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Official DOL plan name: Hom Furniture, Inc. Profit Sharing/ 401(k) Plan · Sponsored by Hom Furniture, Inc. · Minnesota · Retail Trade

$66M in assets, 686 participants

Hom Furniture, Inc.'s Hom Furniture, Inc. Profit Sharing/ 401(k) Plan reported $66M in total assets and 686 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #7,862 in Retail Trade (8,414 peers)

Where Hom Furniture, Inc. Profit Sharing/ 401(k) Plan sits by assets

Hom Furniture, Inc. Profit Sharing/ 401(k) Plan sits in the top quartile of all filed plans by assets, $66M for 686 participants (~$95,745/participant), up 15.4% in 2023.

#7,862
in Retail Trade (8,414 peers)
+15.4%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Hom Furniture, Inc. Profit Sharing/ 401(k) Plan's outsized position by total assets

Hom Furniture, Inc. Profit Sharing/ 401(k) Plan vs every filed plan by assets

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

$65,681,314 Top 12% higher than 88% 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

Hom Furniture, Inc. Profit Sharing/ 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hom Furniture, Inc. Profit Sharing/ 401(k) Plan sits mid-pack in the medium band (686 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hom Furniture, Inc. Profit Sharing/ 401(k) Plan reported net income rose from -$12M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Hom Furniture, Inc. Profit Sharing/ 401(k) Plan end-of-year assets rose from $57M in the plan year 2022 filing to $66M in the plan year 2023 filing.
  • Hom Furniture, Inc. Profit Sharing/ 401(k) Plan reported participants rose from 659 in the plan year 2022 filing to 686 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 411411444 · Hom Furniture, Inc. PY 2023 · 401(k)

Hom Furniture, Inc. Profit Sharing/ 401(k) Plan · $66M · 686 · 88th

  • PART $66M
  • PART 686
  • PART 88th
  • PART 401(k)
  • PART near Bowles Rice 401(k) Profit Sharing Plan
  • PART ind #7862

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 Retail Trade retirement plans → · Plans in Minnesota →

Hom Furniture, Inc. Profit Sharing/ 401(k) Plan in the asset neighbourhood

Honda Logistics North America, Inc. Retirement Savings PlanHonda Logistics North Americ…$66MHom Furniture, Inc. Profit Sharing/ 401(k) PlanHom Furniture, Inc. Profit S…$66MBowles Rice 401(k) Profit Sharing PlanBowles Rice 401(k) Profit Sh…$66MIn-Q-Tel 401(k) Safe Harbor PlanIn-Q-Tel 401(k) Safe Harbor …$66MLi-Cor, Inc. 401(k) & Profit Sharing PlanLi-Cor, Inc. 401(k) & Profit…$66M
End-of-year total assets ($M) among Hom Furniture, Inc. Profit Sharing/ 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$57M
Net Assets (End of Year)$66M
Net Income$9M
Employer EIN411411444
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hom Furniture, Inc.)

Sponsor-wide plan assets over time

All Hom Furniture, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$71M 24.64454845598304% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $56.9M $71M ▲ +24.6%
Year Plans Participants Total Assets
2022 1 659 $57M
2023 1 686 $66M
2024 1 674 $71M

Nearby 401(k) Plans in Minnesota

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

Hom Furniture, Inc. Profit Sharing/ 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Hom Furniture, Inc. Profit Sharing/ 401(k) Plan, Total assets ($B): 0.065681314 · Participants: 686Hom Furniture, Inc. Profit Sharing/ 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Hom Furniture, Inc. Profit Sharing/ 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Hom Furniture, Inc. Profit Sharing/ 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Bowles Rice 401(k) Profit Sharing Plan in WV ($66M); by covered participants it is Texas Health Flower Mound Employees Savings Trust in TX (686 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (686 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 Hom Furniture, Inc. Profit Sharing/ 401(k) Plan assets move in 2023?
Hom Furniture, Inc. Profit Sharing/ 401(k) Plan grew sharply - up 15.4% during 2023, from $57M to $66M. Reported net income was $9M.
How have Hom Furniture, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hom Furniture, Inc.'s sponsor-wide assets grew 24.6%, from $57M to $71M.
Where does Hom Furniture, Inc. Profit Sharing/ 401(k) Plan rank by assets among Form 5500 filers?
Hom Furniture, Inc. Profit Sharing/ 401(k) Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Hom Furniture, Inc. Profit Sharing/ 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Bowles Rice 401(k) Profit Sharing Plan in WV ($66M, 181 participants).
Which 401(k) plans cover a similar participant headcount to Hom Furniture, Inc. Profit Sharing/ 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Texas Health Flower Mound Employees Savings Trust in TX (686 participants, N/A in assets).