401(k) · DOL Form 5500 · 2023

Hamel Builders, Inc. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
118
Participants Small participant base
65th
Percentile by assets National rank
$115,643
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hamel Group 401(k) Profit Sharing Plan · Sponsored by Hamel Builders, Inc. · Maryland · Construction

$14M in assets, 118 participants

Hamel Builders, Inc.'s Hamel Group 401(k) Profit Sharing Plan reported $14M in total assets and 118 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #5,768 in Construction (9,030 peers)

Coverage in Maryland

Hamel Group 401(k) Profit Sharing Plan covers 118 participants in Maryland, about 13% of the average Maryland filer (state average ~929 per filing). Assets: $14M.

#5,768
in Construction (9,030 peers)
+14.9%
assets growth YoY

Hamel Group 401(k) Profit Sharing Plan's mid-pack asset rank among Construction and all filers

Hamel Group 401(k) Profit Sharing Plan vs every filed plan by assets

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

$13,645,832 Top 35% higher than 65% 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

Hamel Group 401(k) Profit Sharing 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. Hamel Group 401(k) Profit Sharing Plan sits mid-pack in the medium band (118 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hamel Group 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Hamel Group 401(k) Profit Sharing Plan end-of-year assets rose from $12M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Hamel Group 401(k) Profit Sharing Plan reported participants rose from 111 in the plan year 2022 filing to 118 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 522110508 · Hamel Builders, Inc. PY 2023 · 401(k)

Hamel Group 401(k) Profit Sharing Plan · $14M · 118 · 65th

  • PHOTO $14M
  • IND 118
  • EOY 65th
  • 5500 401(k)
  • ASSETS near Savings Plan for Employees of South Banking Company
  • PCT ind #5768

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 Construction retirement plans → · Plans in Maryland →

Hamel Group 401(k) Profit Sharing Plan in the asset neighbourhood

Hamel Group 401(k) Profit Sharing PlanHamel Group 401(k) Profit Sh…$14MSavings Plan for Employees of South Banking CompanySavings Plan for Employees o…$14MPacker City International, Inc. 401(k) Retirement Savings PlanPacker City International, I…$14MFreedom Credit Union 401(k) Retirement PlanFreedom Credit Union 401(k) …$14MHarris & Harris, Ltd 401(k) PlanHarris & Harris, Ltd 401(k) …$14M
End-of-year total assets ($M) among Hamel Group 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Maryland filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$2M
Employer EIN522110508
Plan Effective Date1989-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hamel Builders, Inc.)

Sponsor-wide plan assets over time

All Hamel Builders, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 31.266415217894384% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $11.9M $15.6M ▲ +31.3%
Year Plans Participants Total Assets
2022 1 111 $12M
2023 1 118 $14M
2024 1 149 $16M

Nearby 401(k) Plans in Maryland

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

Hamel Group 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Hamel Group 401(k) Profit Sharing Plan, Total assets ($B): 0.013645832 · Participants: 118Hamel Group 401(k) Profit Sharing PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 47.273019756 · Participants: 91511Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 10.20606962 · Participants: 96415Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.357344903 · Participants: 6292T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 3.951576315 · Participants: 2767Nfl Player Second Career Savings PlanSodexo 401 (K) Employees' Retirement Savings Plan and Trust, Total assets ($B): 2.217483854 · Participants: 80121Sodexo 401 (K) Employees' Retirement Savings Plan and Trust
Hamel Group 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Hamel Group 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Maryland, the nearest 401(k) by assets is Savings Plan for Employees of South Banking Company in GA ($14M); by covered participants it is Ensign Natural Resources 401(k) Plan in TX (118 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (118 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 Hamel Group 401(k) Profit Sharing Plan assets move in 2023? ▼
Hamel Group 401(k) Profit Sharing Plan grew at a solid clip - up 14.9% during 2023, from $12M to $14M. Reported net income was $2M.
How have Hamel Builders, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hamel Builders, Inc.'s sponsor-wide assets grew 31.3%, from $12M to $16M.
Which 401(k) plans are similar in size to Hamel Group 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Savings Plan for Employees of South Banking Company in GA ($14M, 135 participants).
Which 401(k) plans cover a similar participant headcount to Hamel Group 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Ensign Natural Resources 401(k) Plan in TX (118 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 522110508.

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.