Profit Sharing · DOL Form 5500 · 2023

Hensel Phelps Profit Sharing Plan

Data updated 2026-08-11

$59M
Total assets
695
Participants
87th
Percentile by assets
$84,403
Avg per participant
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Official DOL plan name: Hensel Phelps Hourly Retirement Plan · Sponsored by Hensel Phelps · Colorado · Construction

$59M in assets, 695 participants

Hensel Phelps's Hensel Phelps Hourly Retirement Plan reported $59M in total assets and 695 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.

  • 87th percentile by assets (of 127,072 plans)
  • #7,673 in Construction (9,030 peers)

Where Hensel Phelps Hourly Retirement Plan sits by assets

Hensel Phelps Hourly Retirement Plan sits in the top quartile of all filed plans by assets, $59M for 695 participants (~$84,403/participant), up 53.1% in 2023.

$59M
total plan assets (2023 EOY)
695
covered participants
87th
percentile by assets (of 127,072 plans)
$84,403
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hensel Phelps Hourly Retirement Plan reported net income rose from -$6M in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Hensel Phelps Hourly Retirement Plan end-of-year assets rose from $38M in the plan year 2022 filing to $59M in the plan year 2023 filing.
  • Hensel Phelps Hourly Retirement Plan reported participants rose from 642 in the plan year 2022 filing to 695 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Hensel Phelps Hourly Retirement Plan vs the 2023 asset distribution

By assets, Hensel Phelps Hourly Retirement Plan outranks 87% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$38M
Net Assets (End of Year)$59M
Net Income$5M
Employer EIN840876644
Plan Effective Date2012-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hensel Phelps)

$400M$500M$600M$700M$800M 202220232024 $496M $705M ▲ +42.3%
Total plan assets by year, all Hensel Phelps plans on file
Year Plans Participants Total Assets
2022 3 3,764 $496M
2023 3 3,968 $598M
2024 2 3,737 $705M

Nearby Profit Sharing Plans in Colorado

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Hensel Phelps Hourly Retirement Plan vs. nearby Profit Sharing plans in Colorado, assets vs. participants

Hensel Phelps Hourly Retirement Plan vs. nearby Profit Sharing plans in Colorado, assets vs. participants Scatter plot of 6 data points. -500050010001500 10203040506070 Total assets ($M) Participants Hensel Phelps Hourly…Liberty Pr Mobility …Amended & Restated P…Peterson Company Pro…Retirement Plan of P…Morgan Energy Corpor…
Hensel Phelps Hourly Retirement Plan vs. nearby Profit Sharing plans in Colorado, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Hensel Phelps Hourly Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Hensel Phelps Hourly Retirement Plan assets move in 2023?
Hensel Phelps Hourly Retirement Plan surged - up 53.1% during 2023, from $38M to $59M. Reported net income was $5M.
How have Hensel Phelps plan assets changed over time?
Across 3 plan years on file (2022-2024), Hensel Phelps's sponsor-wide assets grew 42.3%, from $496M to $705M.
Where does Hensel Phelps Hourly Retirement Plan rank by assets among Form 5500 filers?
Hensel Phelps Hourly Retirement 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 Profit Sharing plans are similar in size to Hensel Phelps Hourly Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Malcolm Drilling Co., Inc. Profit Sharing 401(k) Plan in CA ($58M, 202 participants).

Next read for Hensel Phelps Hourly Retirement Plan

Scale reading

Ways to act on Hensel Phelps Hourly Retirement Plan's numbers.

  • By total assets, Hensel Phelps Hourly Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Colorado. Compare plans
  • Hensel Phelps's sponsor-wide assets have grown 42.3% since 2022 across 3 plan years on file. More Construction plans