401(k) · DOL Form 5500 · 2023

Honnen Equipment Company 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
275
Participants Below avg headcount
76th
Percentile by assets National rank
$87,126
Avg per participant Below avg balance/head
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Official DOL plan name: Honnen Equipment Company Profit Sharing 401(k) Plan and Trust · Sponsored by Honnen Equipment Company · Colorado · Wholesale Trade

$24M in assets, 275 participants

Honnen Equipment Company's Honnen Equipment Company Profit Sharing 401(k) Plan and Trust reported $24M in total assets and 275 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #4,663 in Wholesale Trade (6,309 peers)

Where Honnen Equipment Company Profit Sharing 401(k) Plan and Trust sits by assets

Honnen Equipment Company Profit Sharing 401(k) Plan and Trust sits in the top quartile of all filed plans by assets, $24M for 275 participants (~$87,126/participant), up 13.0% in 2023.

#4,663
in Wholesale Trade (6,309 peers)
+13.0%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Honnen Equipment Company Profit Sharing 401(k) Plan and Trust's outsized position by total assets

Honnen Equipment Company Profit Sharing 401(k) Plan and Trust vs every filed plan by assets

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

$23,959,580 Top 24% higher than 76% 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

Honnen Equipment Company Profit Sharing 401(k) Plan and Trust 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. Honnen Equipment Company Profit Sharing 401(k) Plan and Trust sits mid-pack in the medium band (275 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Honnen Equipment Company Profit Sharing 401(k) Plan and Trust reported net income rose from -$5M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Honnen Equipment Company Profit Sharing 401(k) Plan and Trust end-of-year assets rose from $21M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Honnen Equipment Company Profit Sharing 401(k) Plan and Trust reported participants rose from 267 in the plan year 2022 filing to 275 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 840533971 · Honnen Equipment Company PY 2023 · 401(k)

Honnen Equipment Company Profit Sharing 401(k) Plan and Trust · $24M · 275 · 76th

  • PCT $24M
  • EIN 275
  • RANK 76th
  • PHOTO 401(k)
  • IND near Dreambox Learning 401(k) Plan
  • EOY ind #4663

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 Wholesale Trade retirement plans → · Plans in Colorado →

Honnen Equipment Company Profit Sharing 401(k) Plan and Trust in the asset neighbourhood

Honnen Equipment Company Profit Sharing 401(k) Plan and TrustHonnen Equipment Company Pro…$24MDreambox Learning 401(k) Plan$24MMountain Cascade, Inc. Profit Sharing/401(k) PlanMountain Cascade, Inc. Profi…$24MFashion Institute of Design and Merchandising 401(k) PlanFashion Institute of Design …$24MScribd, Inc. 401(k) Profit Sharing Plan and TrustScribd, Inc. 401(k) Profit S…$24M
End-of-year total assets ($M) among Honnen Equipment Company Profit Sharing 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$24M
Net Income$3M
Employer EIN840533971
Plan Effective Date1977-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Honnen Equipment Company)

Sponsor-wide plan assets over time

All Honnen Equipment Company plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$10M$20M$30M 202220232024 $21.2M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 267 $21M
2023 1 275 $24M
2024 1 223 N/A

Nearby 401(k) Plans in Colorado

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

Honnen Equipment Company Profit Sharing 401(k) Plan and Trust vs. nearby 401(k) plans in Colorado, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -101234 Total assets ($B) Participants Honnen Equipment Company Profit Sharing 401(k) Plan and Trust, Total assets ($B): 0.02395958 · Participants: 275Honnen Equipment Company Profit Sharing 401(k) Plan and TrustDavita Retirement Savings Plan, Total assets ($B): 3.326219779 · Participants: 57711Davita Retirement Savings PlanBall Corporation 401(k) and Employee Stock Ownership Plan, Total assets ($B): 2.806549522 · Participants: 10349Ball Corporation 401(k) and Employee Stock Ownership PlanEmpower Retirement, LLC 401(k) Savings Plan, Total assets ($B): 1.852270164 · Participants: 10036Empower Retirement, LLC 401(k) Savings PlanWoodward Retirement Savings Plan, Total assets ($B): 1.765770435 · Participants: 5847Woodward Retirement Savings PlanArcadis U.S., Inc. Retirement Savings Plan, Total assets ($B): 1.686655183 · Participants: 5491Arcadis U.S., Inc. Retirement Savings Plan
Honnen Equipment Company Profit Sharing 401(k) Plan and Trust vs. nearby 401(k) plans in Colorado, assets vs. participants
Compare Honnen Equipment Company Profit Sharing 401(k) Plan and Trust side-by-side with 3 peers →

Honnen Equipment Company Profit Sharing 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Colorado, the nearest 401(k) by assets is Dreambox Learning 401(k) Plan in WA ($24M); by covered participants it is Centrus Savings Program in MD (275 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (275 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 Honnen Equipment Company Profit Sharing 401(k) Plan and Trust assets move in 2023? ▼
Honnen Equipment Company Profit Sharing 401(k) Plan and Trust grew at a solid clip - up 13.0% during 2023, from $21M to $24M. Reported net income was $3M.
Where does Honnen Equipment Company Profit Sharing 401(k) Plan and Trust rank by assets among Form 5500 filers? ▼
Honnen Equipment Company Profit Sharing 401(k) Plan and Trust ranks in the 76th 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 401(k) plans are similar in size to Honnen Equipment Company Profit Sharing 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Dreambox Learning 401(k) Plan in WA ($24M, 283 participants).
Which 401(k) plans cover a similar participant headcount to Honnen Equipment Company Profit Sharing 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Centrus Savings Program in MD (275 participants, $198M 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 840533971.

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.