Profit Sharing · DOL Form 5500 · 2023

Hensel Phelps Profit Sharing Plan

Data updated 2026-08-25

$59M
Total assets Below avg plan size
695
Participants Below avg headcount
87th
Percentile by assets National rank
$84,403
Avg per participant Below avg balance/head
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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.

  • #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.

#7,673
in Construction (9,030 peers)
+53.1%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Hensel Phelps Hourly Retirement Plan's outsized position by total assets

Hensel Phelps Hourly Retirement Plan vs every filed plan by assets

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

$58,660,079 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

Hensel Phelps Hourly Retirement 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. Hensel Phelps Hourly Retirement Plan sits mid-pack in the medium band (695 participants).

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 →

Plan-year Form 5500 strip

Filing strip 840876644 · Hensel Phelps PY 2023 · Profit Sharing

Hensel Phelps Hourly Retirement Plan · $59M · 695 · 87th

  • PHOTO $59M
  • PHOTO 695
  • PHOTO 87th
  • PHOTO Profit Sharing
  • PHOTO near Malcolm Drilling Co., Inc. Profit Sharing 401(k) Plan
  • PHOTO ind #7673

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 Colorado →

Hensel Phelps Hourly Retirement Plan in the asset neighbourhood

Firelands Regional Health System 401(k) PlanFirelands Regional Health Sy…$60MUniversity Orthopaedic Services, Inc. Retirement PlanUniversity Orthopaedic Servi…$59MMercy Corps 403(b) Plan$59MHensel Phelps Hourly Retirement PlanHensel Phelps Hourly Retirem…$59MMalcolm Drilling Co., Inc. Profit Sharing 401(k) PlanMalcolm Drilling Co., Inc. P…$58M
End-of-year total assets ($M) among Hensel Phelps Hourly Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All Hensel Phelps plans reported in each filing year

Latest sponsor-wide plan assets
$705M 42.34606795867466% vs 2022
2024 filing year
$400M$500M$600M$700M$800M 202220232024 $496M $705M ▲ +42.3%
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 Scatter plot of 6 data points. -500050010001500 10203040506070 Total assets ($M) Participants Hensel Phelps Hourly Retirement Plan, Total assets ($M): 58.660079 · Participants: 695Hensel Phelps Hourly Retirement PlanLiberty Pr Mobility 401(k) Savings Plans, Total assets ($M): 43.07945 · Participants: 1212Liberty Pr Mobility 401(k) Savings PlansAmended & Restated Profit Sharing Plan of Midwest Pms, Total assets ($M): 38.087891 · Participants: 133Amended & Restated Profit Sharing Plan of Midwest PmsPeterson Company Profit-Sharing Plan, Total assets ($M): 18.249977 · Participants: 26Peterson Company Profit-Sharing PlanRetirement Plan of Public Broadcasting of Colorado, Inc., Total assets ($M): 16.472083 · Participants: 182Retirement Plan of Public Broadcasting of Colorado, Inc.Morgan Energy Corporation Profit Sharing Plan, Total assets ($M): 16.313199 · Participants: 1Morgan Energy Corporation Profit Sharing Plan
Hensel Phelps Hourly Retirement Plan vs. nearby Profit Sharing plans in Colorado, assets vs. participants

Hensel Phelps Hourly Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Colorado, the nearest Profit Sharing by assets is Malcolm Drilling Co., Inc. Profit Sharing 401(k) Plan in CA ($58M); by covered participants it is Goodwill of the Finger Lakes, Inc. 403(b) Plan in NY (696 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (695 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 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).
Which Profit Sharing plans cover a similar participant headcount to Hensel Phelps Hourly Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Goodwill of the Finger Lakes, Inc. 403(b) Plan in NY (696 participants, $9M in assets).