Defined Benefit (Pension) · DOL Form 5500 · 2023

Hubbard LLC Pension Plan

Data updated 2026-08-11

$21K
Total assets
30
Participants
2nd
Percentile by assets
$700
Avg per participant
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Official DOL plan name: Employees Retirement Plan of Hubbard LLC · Sponsored by Hubbard LLC · Tennessee · Agriculture, Forestry & Fishing

$21K in assets, 30 participants

Hubbard LLC's Employees Retirement Plan of Hubbard LLC reported $21K in total assets and 30 participants in its 2023 DOL Form 5500 filing, ranking in the 2nd 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.

  • 2nd percentile by assets (of 127,072 plans)
  • #22 in Agriculture, Forestry & Fishing (1,288 peers)

Hubbard LLC multi-year trail

Hubbard LLC's plans moved -99.5% in assets from 2022 to 2023; this filing shows Employees Retirement Plan of Hubbard LLC at $21K / 30 participants.

$21K
total plan assets (2023 EOY)
30
covered participants
2nd
percentile by assets (of 127,072 plans)
$700
avg assets per participant

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Employees Retirement Plan of Hubbard LLC reported net income fell from -$865K in the plan year 2022 filing to -$4M in the plan year 2023 filing.
  • Employees Retirement Plan of Hubbard LLC end-of-year assets fell from $4M in the plan year 2022 filing to $21K in the plan year 2023 filing.
  • Employees Retirement Plan of Hubbard LLC reported participants fell from 33 in the plan year 2022 filing to 30 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Hubbard LLC across 2 plan years on file

Across the 2 plan years Hubbard LLC has on file (2022-2023), sponsor-wide plan assets have moved from $4M to $21K, a decline of 99.5%, while reported participants moved from 33 to 30 (-9.1%).

Hubbard LLC multi-year asset trail

$-2M$0M$2M$4M$6M 20222023 $4.43M $0.02M ▼ -99.5%
Total plan assets by year, all Hubbard LLC plans on file
Year Plans Participants Total Assets
2022 1 33 $4M
2023 1 30 $21K

Hubbard LLC filing trail (2023)

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$21K
Net Income-$4M
Employer EIN020504519
Plan Effective Date1942-10-31
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Tennessee

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Employees Retirement Plan of Hubbard LLC vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants

Employees Retirement Plan of Hubbard LLC vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Employees Retirement…Fedex Corporation Em…Retirement Plan of I…Pace Industry Union-…Pension Plan for Emp…Retirement Program P…
Employees Retirement Plan of Hubbard LLC vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Employees Retirement Plan of Hubbard LLC by total assets, not by location.

Frequently Asked Questions

How did Employees Retirement Plan of Hubbard LLC assets move in 2023?
Employees Retirement Plan of Hubbard LLC contracted severely - down 99.5% during 2023, from $4M to $21K. Reported net income was -$4M.
How have Hubbard LLC plan assets changed over time?
Across 2 plan years on file (2022-2023), Hubbard LLC's sponsor-wide assets declined 99.5%, from $4M to $21K.
Where does Employees Retirement Plan of Hubbard LLC rank by assets among Form 5500 filers?
Employees Retirement Plan of Hubbard LLC ranks in the 2nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Defined Benefit (Pension) plans are similar in size to Employees Retirement Plan of Hubbard LLC?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Makino Inc. Pension Plan for Bargaining Unit Employees in OH ($20K, N/A participants).

Next read for Employees Retirement Plan of Hubbard LLC

Multi-year trail

Ways to act on Employees Retirement Plan of Hubbard LLC's numbers.