401(k) · DOL Form 5500 · 2023

Hfw Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets: 57
Participants Small participant base: 51st
Percentile by assets National rank: $122,609
Avg per participant Near avg balance/head

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Official DOL plan name: Hfw Profit Sharing Plan · Sponsored by Hfw Industries, Inc. · New York · Manufacturing

$7M in assets, 57 participants

Hfw Industries, Inc.'s Hfw Profit Sharing Plan reported $7M in total assets and 57 participants in its 2023 DOL Form 5500 filing, ranking in the 51st 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.

#6,592 in Manufacturing (18,722 peers)

Hfw Industries, Inc. multi-year trail

Hfw Industries, Inc.'s plans moved +32.6% in assets from 2022 to 2024; this filing shows Hfw Profit Sharing Plan at $7M / 57 participants.

#6,592
in Manufacturing (18,722 peers): +14.1%
assets growth YoY

Hfw Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Hfw Profit Sharing Plan vs every filed plan by assets

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

$6,988,724 Top 49% higher than 51% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Hfw Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hfw Profit Sharing Plan is a small filing (57 participants) on this national headcount ladder.

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Hfw Profit Sharing Plan reported net income rose from -$888K in the plan year 2022 filing to $864K in the plan year 2023 filing.
Hfw Profit Sharing Plan end-of-year assets rose from $6M in the plan year 2022 filing to $7M in the plan year 2023 filing.
Hfw Profit Sharing Plan reported participants rose from 52 in the plan year 2022 filing to 57 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 160743570 · Hfw Industries, Inc. PY 2023 · 401(k)

Hfw Profit Sharing Plan · $7M · 57 · 51st

BOY $7M
BOY 57
BOY 51st
BOY 401(k)
BOY near Lukos, LLC 401(k) Plan
BOY ind #6592

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 Manufacturing retirement plans → · Plans in New York →

End-of-year total assets ($M) among Hfw Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Hfw Industries, Inc. multi-year asset trail

Latest sponsor-wide plan assets: $8M 32.61117507278759% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	52	$6M
2023	1	57	$7M
2024	1	59	$8M

Hfw Industries, Inc. filing trail (2023)

Total Assets (Beginning of Year)	$6M
Net Assets (End of Year)	$7M
Net Income	$864K
Employer EIN	160743570
Plan Effective Date	1977-11-01
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in New York

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

Hfw Profit Sharing Plan vs. nearby 401(k) plans in New York, assets vs. participants

IBM 401 (K) Plus Plan $57.4B · 54,912
Pfizer Savings Plan $19.6B · 30,033
Morgan Stanley 401(k) Plan $19.2B · 55,363
The Pepsico Savings Plan $13.7B · 133,597
The Goldman Sachs 401(k) Plan $11.4B · 24,866

Compare Hfw Profit Sharing Plan side-by-side with 3 peers →

Hfw Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Lukos, LLC 401(k) Plan in FL ($7M); by covered participants it is The Herjavec Group Corp 401(k) Plan in CA (57 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($7M here).

Lukos, LLC 401(k) Plan (FL) $7M · 159
Quality Metalcraft, Inc. Profit Sharing & 401(k) Plan - Represented Group (MI) $7M · 199
Ashok Melvani, M.D., Inc. 401(k) Profit Sharing Plan (CA) $7M · 6
R&k Enterprises 401(k) Plan (VA) $7M · 81

Similar participant headcount

Nearest other-state filings by covered participants (57 participants); asset peers above are excluded.

The Herjavec Group Corp 401(k) Plan (CA) 57 · 0 off
Gallagher Asphalt Corporation Employees' Profit Sharing Plan (IL) 57 · 0 off
Baker Tilly Wealth Management Pep (SD) 57 · 0 off
Kwik Goal Ltd. 401(k) Plan (PA) 57 · 0 off

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 Hfw Profit Sharing Plan assets move in 2023? ▼

Hfw Profit Sharing Plan grew at a solid clip - up 14.1% during 2023, from $6M to $7M. Reported net income was $864K.

How have Hfw Industries, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Hfw Industries, Inc.'s sponsor-wide assets grew 32.6%, from $6M to $8M.

Which 401(k) plans are similar in size to Hfw Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is Lukos, LLC 401(k) Plan in FL ($7M, 159 participants).

Which 401(k) plans cover a similar participant headcount to Hfw Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is The Herjavec Group Corp 401(k) Plan in CA (57 participants, N/A in assets).

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 160743570.