Profit Sharing · DOL Form 5500 · 2023

Hem Enterprises, Inc. Profit Sharing Plan

Data updated 2026-08-25

$334K
Total assets Small plan by assets
2
Participants Small participant base
15th
Percentile by assets National rank
$167,071
Avg per participant Above avg balance/head
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Official DOL plan name: Hem Enterprises, Inc. Retirement Plan · Sponsored by Hem Enterprises, Inc. · Texas · Other Services

$334K in assets, 2 participants

Hem Enterprises, Inc.'s Hem Enterprises, Inc. Retirement Plan reported $334K in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 15th 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.

  • #2,490 in Other Services (7,857 peers)

2023 asset change

Hem Enterprises, Inc. Retirement Plan declined sharply 19.3% in 2023 ($414K → $334K) for 2 participants.

#2,490
in Other Services (7,857 peers)
-19.3%
assets change YoY

The plan reported a net loss of $80K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hem Enterprises, Inc. Retirement Plan among the smaller filed plans by assets

Hem Enterprises, Inc. Retirement Plan vs every filed plan by assets

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

$334,141 15th percentile higher than 15% 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

Hem Enterprises, Inc. Retirement Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hem Enterprises, Inc. Retirement Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hem Enterprises, Inc. Retirement Plan reported net income fell from $17K in the plan year 2022 filing to -$80K in the plan year 2023 filing.
  • Hem Enterprises, Inc. Retirement Plan reported participants fell from 3 in the plan year 2022 filing to 2 in the plan year 2023 filing.
  • Hem Enterprises, Inc. Retirement Plan end-of-year assets fell from $414K in the plan year 2022 filing to $334K in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 611811703 · Hem Enterprises, Inc. PY 2023 · Profit Sharing

Hem Enterprises, Inc. Retirement Plan · $334K · 2 · 15th

  • 5500 $334K
  • 5500 2
  • 5500 15th
  • 5500 Profit Sharing
  • 5500 near Denver Magick Corp. Profit Sharing Plan
  • 5500 ind #2490

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 Other Services retirement plans → · Plans in Texas →

Hem Enterprises, Inc. Retirement Plan in the asset neighbourhood

Hem Enterprises, Inc. Retirement PlanHem Enterprises, Inc. Retire…$334KDenver Magick Corp. Profit Sharing PlanDenver Magick Corp. Profit S…$334KSikhote Inc. Retirement Plan$334KK&a Company, Inc. Retirement PlanK&a Company, Inc. Retirement…$334KExclusive Electronics, Inc. Profit Sharing PlanExclusive Electronics, Inc. …$334K
End-of-year total assets ($M) among Hem Enterprises, Inc. Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Hem Enterprises, Inc. years around the 2023 move

Sponsor-wide plan assets over time

All Hem Enterprises, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$391K 5.464236721602875% vs 2022
2024 filing year
$0.3M$0.35M$0.4M$0.45M 202220232024 $0.41M $0.39M ▼ -4.9%
Year Plans Participants Total Assets
2022 1 3 $414K
2023 1 2 $334K
2024 1 3 $391K

2023 asset-move particulars

Total Assets (Beginning of Year)$414K
Net Assets (End of Year)$334K
Net Income-$80K
Employer EIN611811703
Plan Effective Date2017-01-03
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Texas

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

Hem Enterprises, Inc. Retirement Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -202468 Total assets ($B) Participants Hem Enterprises, Inc. Retirement Plan, Total assets ($B): 0.000334141 · Participants: 2Hem Enterprises, Inc. Retirement PlanSouthwest Airlines Co. Profitsharing Plan, Total assets ($B): 5.82182651 · Participants: 71461Southwest Airlines Co. Profitsharing PlanBaylor College of Medicine Retirement Plan, Total assets ($B): 1.714999292 · Participants: 10240Baylor College of Medicine Retirement PlanH-E-B Partner Stock Plan, Total assets ($B): 1.320262511 · Participants: 96911H-E-B Partner Stock PlanThe Defined Contribution Plan of the Methodist Hospital, Total assets ($B): 0.92297353 · Participants: 29678The Defined Contribution Plan of the Methodist HospitalAmerican Heart Association, Inc. Qualified Retirement Plan, Total assets ($B): 0.456894615 · Participants: 3455American Heart Association, Inc. Qualified Retirement Plan
Hem Enterprises, Inc. Retirement Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants
Compare Hem Enterprises, Inc. Retirement Plan side-by-side with 3 peers →

Hem Enterprises, Inc. Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Texas, the nearest Profit Sharing by assets is Denver Magick Corp. Profit Sharing Plan in CO ($334K); by covered participants it is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($334K here).

Similar participant headcount

Nearest other-state filings by covered participants (2 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 Hem Enterprises, Inc. Retirement Plan assets move in 2023? ▼
Hem Enterprises, Inc. Retirement Plan declined sharply - down 19.3% during 2023, from $414K to $334K. Reported net income was -$80K.
How have Hem Enterprises, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hem Enterprises, Inc.'s sponsor-wide assets declined 5.5%, from $414K to $391K.
Where does Hem Enterprises, Inc. Retirement Plan rank by assets among Form 5500 filers? ▼
Hem Enterprises, Inc. Retirement Plan ranks in the 15th 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 Profit Sharing plans are similar in size to Hem Enterprises, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Denver Magick Corp. Profit Sharing Plan in CO ($334K, 2 participants).
Which Profit Sharing plans cover a similar participant headcount to Hem Enterprises, Inc. Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Johnson Goldberg & Brown, Ltd Profit Sharing Plan in IL (2 participants, $5M 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 611811703.

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.