401(k) · DOL Form 5500 · 2023

Hero Home Services, Inc. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets: 159
Participants Small participant base: 42nd
Percentile by assets National rank: $28,162
Avg per participant Low balance/head

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Official DOL plan name: Hero Home Services 401(k) Plan · Sponsored by Hero Home Services, Inc. · Minnesota · Construction

$4M in assets, 159 participants

Hero Home Services, Inc.'s Hero Home Services 401(k) Plan reported $4M in total assets and 159 participants in its 2023 DOL Form 5500 filing, ranking in the 42nd 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.

#3,608 in Construction (9,030 peers)

Coverage in Minnesota

Hero Home Services 401(k) Plan covers 159 participants in Minnesota, about 14% of the average Minnesota filer (state average ~1,126 per filing). Assets: $4M.

#3,608
in Construction (9,030 peers): +39.2%
assets growth YoY

Hero Home Services 401(k) Plan's mid-pack asset rank among Construction and all filers

Hero Home Services 401(k) Plan vs every filed plan by assets

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

$4,477,690 42nd percentile higher than 42% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Hero Home Services 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. Hero Home Services 401(k) Plan sits mid-pack in the medium band (159 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Hero Home Services 401(k) Plan reported net income rose from -$45K in the plan year 2022 filing to $1M in the plan year 2023 filing.
Hero Home Services 401(k) Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
Hero Home Services 401(k) Plan reported participants rose from 153 in the plan year 2022 filing to 159 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 272428808 · Hero Home Services, Inc. PY 2023 · 401(k)

Hero Home Services 401(k) Plan · $4M · 159 · 42nd

EIN $4M
RANK 159
PHOTO 42nd
IND 401(k)
EOY near Oscar Gruss & Son Incorporated 401(k) Plan
5500 ind #3608

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 Minnesota →

End-of-year total assets ($M) among Hero Home Services 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)	$3M
Net Assets (End of Year)	$4M
Net Income	$1M
Employer EIN	272428808
Plan Effective Date	2015-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Hero Home Services, Inc.)

Latest sponsor-wide plan assets: N/A; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	153	$3M
2023	1	159	$4M
2024	1	10	N/A

Nearby 401(k) Plans in Minnesota

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

Hero Home Services 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

Unitedhealth Group 401(k) Savings Plan $22.4B · 198,972
Target Corporation 401(k) Plan $13.0B · 432,617
Medtronic Savings and Investment Plan $12.9B · 44,342
3M Voluntary Investment Plan and Employee Stock Ownership Plan $12.0B · 36,049
U.S. Bank 401(k) Savings Plan $10.3B · 75,272

Compare Hero Home Services 401(k) Plan side-by-side with 3 peers →

Hero Home Services 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Oscar Gruss & Son Incorporated 401(k) Plan in NY ($4M); by covered participants it is Visiting Angels 401(k) Plan in PA (159 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($4M here).

Oscar Gruss & Son Incorporated 401(k) Plan (NY) $4M · 21
Medical Assets Holding Company, LLC 401(k) Profit Sharing Trust (AR) $4M · 226
The Pepin Academies, Inc. 401(k) Plan (FL) $4M · 271
Chief 401(k) (NY) $4M · 264

Similar participant headcount

Nearest other-state filings by covered participants (159 participants); asset peers above are excluded.

Visiting Angels 401(k) Plan (PA) 159 · 0 off
Citizens Bank & Trust Retirement Benefits Plan (MO) 159 · 0 off
Piedmont Hardware Brands 401(k) Plan (NJ) 159 · 0 off
Tellurian Services 401(k) Retirement Plan (TX) 159 · 0 off

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 Hero Home Services 401(k) Plan assets move in 2023? ▼

Hero Home Services 401(k) Plan surged - up 39.2% during 2023, from $3M to $4M. Reported net income was $1M.

Which 401(k) plans are similar in size to Hero Home Services 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Oscar Gruss & Son Incorporated 401(k) Plan in NY ($4M, 21 participants).

Which 401(k) plans cover a similar participant headcount to Hero Home Services 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Visiting Angels 401(k) Plan in PA (159 participants, N/A 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 272428808.