401(k) · DOL Form 5500 · 2023

Hft Holdings, Inc. 401(k) Plan

Data updated 2026-08-11

$275M
Total assets
18,364
Participants
96th
Percentile by assets
$14,987
Avg per participant
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Official DOL plan name: Harbor Freight Tools Retirement Savings Plan · Sponsored by Hft Holdings, Inc. · California · Retail Trade

$275M in assets, 18,364 participants

Hft Holdings, Inc.'s Harbor Freight Tools Retirement Savings Plan reported $275M in total assets and 18,364 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)
  • #8,211 in Retail Trade (8,414 peers)

Coverage in California

Harbor Freight Tools Retirement Savings Plan covers 18,364 participants in California, 29x the typical California plan (state average ~630 per filing). Assets: $275M.

$275M
total plan assets (2023 EOY)
18,364
covered participants
96th
percentile by assets (of 127,072 plans)
$14,987
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Harbor Freight Tools Retirement Savings Plan reported net income rose from $8M in the plan year 2022 filing to $85M in the plan year 2023 filing.
  • Harbor Freight Tools Retirement Savings Plan end-of-year assets rose from $190M in the plan year 2022 filing to $275M in the plan year 2023 filing.
  • Harbor Freight Tools Retirement Savings Plan reported participants rose from 16,123 in the plan year 2022 filing to 18,364 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Harbor Freight Tools Retirement Savings Plan reports 18,364 participants - 29x that state average ($275M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$190M
Net Assets (End of Year)$275M
Net Income$85M
Employer EIN272501498
Plan Effective Date1984-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hft Holdings, Inc.)

$100M$200M$300M$400M 202220232024 $190M $368M ▲ +93.8%
Total plan assets by year, all Hft Holdings, Inc. plans on file
Year Plans Participants Total Assets
2022 1 16,123 $190M
2023 1 18,364 $275M
2024 1 20,418 $368M

Nearby 401(k) Plans in California

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

Harbor Freight Tools Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Harbor Freight Tools Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 -200204060 Total assets ($B) Participants Harbor Freight Tools…Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Intel 401(k) Savings…Apple 401(k) Plan
Harbor Freight Tools Retirement Savings Plan vs. nearby 401(k) plans in California, assets vs. participants

Scale composition for Harbor Freight Tools Retirement Savings Plan

Harbor Freight Tools Retirement Savings Plan reports $275M in end-of-year assets across 18,364 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.020% of 93,925,755 covered participants) - about $14,987 per participant (11% of the national average assets-per-participant) . Net income for plan year 2023 was $85M.

This plan identity (EIN 272501498, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $190M to $368M (+93.8%) while covered participants moved from 16,123 to 20,418 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 16,123 $190M Open filing
2023 18,364 $275M This page
2024 · index core 20,418 $368M Open filing

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

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Harbor Freight Tools Retirement Savings Plan assets move in 2023?
Harbor Freight Tools Retirement Savings Plan surged - up 44.7% during 2023, from $190M to $275M. Reported net income was $85M.
How have Hft Holdings, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hft Holdings, Inc.'s sponsor-wide assets grew 93.8%, from $190M to $368M.
Where does Harbor Freight Tools Retirement Savings Plan rank by assets among Form 5500 filers?
Harbor Freight Tools 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 Harbor Freight Tools Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Sorenson Communications, LLC. 401(k) Profit Sharing Plan in UT ($275M, 8,931 participants).

Next read for Harbor Freight Tools Retirement Savings …

Filing takeaways

Ways to act on Harbor Freight Tools Retirement Savings Plan's numbers.

  • By total assets, Harbor Freight Tools Retirement Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
  • Hft Holdings, Inc.'s sponsor-wide assets have grown 93.8% since 2022 across 3 plan years on file. More Retail Trade plans