401(k) · DOL Form 5500 · 2023

Hoffer Plastics Corporation 401(k) Plan

Data updated 2026-08-25

$60M
Total assets Below avg plan size
324
Participants Below avg headcount
87th
Percentile by assets National rank
$184,418
Avg per participant Above avg balance/head
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Official DOL plan name: Hoffer Plastics Corporation Profit Sharing and 401(k) Plan · Sponsored by Hoffer Plastics Corporation · Illinois · Manufacturing

$60M in assets, 324 participants

Hoffer Plastics Corporation's Hoffer Plastics Corporation Profit Sharing and 401(k) Plan reported $60M in total assets and 324 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #15,235 in Manufacturing (18,722 peers)

Coverage in Illinois

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan covers 324 participants in Illinois, about 42% of the average Illinois filer (state average ~779 per filing). Assets: $60M.

#15,235
in Manufacturing (18,722 peers)
+15.0%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan's outsized position by total assets

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan vs every filed plan by assets

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

$59,751,332 Top 13% higher than 87% 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

Hoffer Plastics Corporation Profit Sharing and 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. Hoffer Plastics Corporation Profit Sharing and 401(k) Plan sits mid-pack in the medium band (324 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hoffer Plastics Corporation Profit Sharing and 401(k) Plan reported net income rose from -$14M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Hoffer Plastics Corporation Profit Sharing and 401(k) Plan end-of-year assets rose from $52M in the plan year 2022 filing to $60M in the plan year 2023 filing.
  • Hoffer Plastics Corporation Profit Sharing and 401(k) Plan reported participants rose from 318 in the plan year 2022 filing to 324 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 362347537 · Hoffer Plastics Corporation PY 2023 · 401(k)

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan · $60M · 324 · 87th

  • EOY $60M
  • EOY 324
  • EOY 87th
  • EOY 401(k)
  • EOY near Gene B. Glick Company, Inc. Retirement Plan
  • EOY ind #15235

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 Illinois →

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan in the asset neighbourhood

Hoffer Plastics Corporation Profit Sharing and 401(k) PlanHoffer Plastics Corporation …$60MGene B. Glick Company, Inc. Retirement PlanGene B. Glick Company, Inc. …$60MWillis Construction Company, Inc. Combined Employee Stock Ownership and Tax Sheltered Savings PlanWillis Construction Company,…$60MConsumer Portfolio Services, Inc. 401(k) PlanConsumer Portfolio Services,…$60MDerse, Inc. Retirement Savings PlanDerse, Inc. Retirement Savin…$60M
End-of-year total assets ($M) among Hoffer Plastics Corporation Profit Sharing and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$60M
Net Income$8M
Employer EIN362347537
Plan Effective Date1962-11-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Hoffer Plastics Corporation)

Sponsor-wide plan assets over time

All Hoffer Plastics Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$62M 19.66225072597034% vs 2022
2024 filing year
$50M$55M$60M$65M 202220232024 $52M $62.2M ▲ +19.6%
Year Plans Participants Total Assets
2022 1 318 $52M
2023 1 324 $60M
2024 1 314 $62M

Nearby 401(k) Plans in Illinois

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

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Hoffer Plastics Corporation Profit Sharing and 401(k) Plan, Total assets ($B): 0.059751332 · Participants: 324Hoffer Plastics Corporation Profit Sharing and 401(k) PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Hoffer Plastics Corporation Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Hoffer Plastics Corporation Profit Sharing and 401(k) Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest 401(k) by assets is Gene B. Glick Company, Inc. Retirement Plan in IN ($60M); by covered participants it is Holston Gases, Inc. 401(k) Profit Sharing Plan in TN (324 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (324 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 Hoffer Plastics Corporation Profit Sharing and 401(k) Plan assets move in 2023? ▼
Hoffer Plastics Corporation Profit Sharing and 401(k) Plan grew at a solid clip - up 15.0% during 2023, from $52M to $60M. Reported net income was $8M.
How have Hoffer Plastics Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hoffer Plastics Corporation's sponsor-wide assets grew 19.7%, from $52M to $62M.
Where does Hoffer Plastics Corporation Profit Sharing and 401(k) Plan rank by assets among Form 5500 filers? ▼
Hoffer Plastics Corporation Profit Sharing and 401(k) Plan ranks in the 87th 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 Hoffer Plastics Corporation Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Gene B. Glick Company, Inc. Retirement Plan in IN ($60M, 673 participants).
Which 401(k) plans cover a similar participant headcount to Hoffer Plastics Corporation Profit Sharing and 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Holston Gases, Inc. 401(k) Profit Sharing Plan in TN (324 participants, $24M 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 362347537.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.