401(k) · DOL Form 5500 · 2023

Hughes Group, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
291
Participants Below avg headcount
59th
Percentile by assets National rank
$35,043
Avg per participant Low balance/head
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Official DOL plan name: Hughes Group, Inc. 401(k) Plan · Sponsored by Hughes Group, Inc. · Indiana · Management of Enterprises

$10M in assets, 291 participants

Hughes Group, Inc.'s Hughes Group, Inc. 401(k) Plan reported $10M in total assets and 291 participants in its 2023 DOL Form 5500 filing, ranking in the 59th 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.

  • #437 in Management of Enterprises (1,137 peers)

Management of Enterprises sector rank

Within Management of Enterprises, Hughes Group, Inc. 401(k) Plan ranks #437 of 1,137 2023 filers by assets (3486% of the sector average)-$10M for 291 participants.

#437
in Management of Enterprises (1,137 peers)
+1.4%
assets growth YoY

Hughes Group, Inc. 401(k) Plan's mid-pack asset rank among Management of Enterprises and all filers

Hughes Group, Inc. 401(k) Plan vs every filed plan by assets

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

$10,197,569 Top 41% higher than 59% 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

Hughes Group, Inc. 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. Hughes Group, Inc. 401(k) Plan sits mid-pack in the medium band (291 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hughes Group, Inc. 401(k) Plan reported net income rose from -$1M in the plan year 2022 filing to $142K in the plan year 2023 filing.
  • Hughes Group, Inc. 401(k) Plan end-of-year assets rose from $10M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Hughes Group, Inc. 401(k) Plan reported participants fell from 294 in the plan year 2022 filing to 291 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 350958626 · Hughes Group, Inc. PY 2023 · 401(k)

Hughes Group, Inc. 401(k) Plan · $10M · 291 · 59th

  • TYPE $10M
  • TYPE 291
  • TYPE 59th
  • TYPE 401(k)
  • TYPE near Netplanner Systems, Inc. 401(k) Plan
  • TYPE ind #437

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 Management of Enterprises retirement plans → · Plans in Indiana →

Hughes Group, Inc. 401(k) Plan in the asset neighbourhood

Hughes Group, Inc. 401(k) PlanHughes Group, Inc. 401(k) Pl…$10MNetplanner Systems, Inc. 401(k) PlanNetplanner Systems, Inc. 401…$10MC3 401(k) Profit Sharing Plan$10MFruit of the Earth Retirement Savings PlanFruit of the Earth Retiremen…$10MBrightwheel 401(k) Plan$10M
End-of-year total assets ($M) among Hughes Group, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Management of Enterprises filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$10M
Net Income$142K
Employer EIN350958626
Plan Effective Date2004-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hughes Group, Inc.)

Sponsor-wide plan assets over time

All Hughes Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$12M 20.459899192684226% vs 2022
2024 filing year
$9M$10M$11M$12M$13M 202220232024 $10.1M $12.1M ▲ +20.4%
Year Plans Participants Total Assets
2022 1 294 $10M
2023 1 291 $10M
2024 1 356 $12M

Nearby 401(k) Plans in Indiana

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

Hughes Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Hughes Group, Inc. 401(k) Plan, Total assets ($B): 0.010197569 · Participants: 291Hughes Group, Inc. 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Hughes Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Hughes Group, Inc. 401(k) Plan side-by-side with 3 peers →

Hughes Group, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Netplanner Systems, Inc. 401(k) Plan in GA ($10M); by covered participants it is Fleetwood - Fibre Packaging & Graphics, Inc. Retirement Savings and Profit in CA (291 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (291 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 Hughes Group, Inc. 401(k) Plan assets move in 2023? ▼
Hughes Group, Inc. 401(k) Plan edged up modestly - up 1.4% during 2023, from $10M to $10M. Reported net income was $142K.
How have Hughes Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hughes Group, Inc.'s sponsor-wide assets grew 20.5%, from $10M to $12M.
Which 401(k) plans are similar in size to Hughes Group, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Netplanner Systems, Inc. 401(k) Plan in GA ($10M, 296 participants).
Which 401(k) plans cover a similar participant headcount to Hughes Group, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fleetwood - Fibre Packaging & Graphics, Inc. Retirement Savings and Profit in CA (291 participants, $28M 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 350958626.

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.