401(k) · DOL Form 5500 · 2023

Hibu Inc. 401(k) Plan

Data updated 2026-08-11

$316M
Total assets
1,273
Participants
96th
Percentile by assets
$248,501
Avg per participant
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Official DOL plan name: Hibu Inc. 401(k) Profit Sharing Plan Trust · Sponsored by Hibu Inc. · Iowa · Professional & Technical Services

$316M in assets, 1,273 participants

Hibu Inc.'s Hibu Inc. 401(k) Profit Sharing Plan Trust reported $316M in total assets and 1,273 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 127,072 plans)
  • #19,769 in Professional & Technical Services (20,321 peers)

Coverage in Iowa

Hibu Inc. 401(k) Profit Sharing Plan Trust covers 1,273 participants in Iowa, 2.1x the typical Iowa plan (state average ~609 per filing). Assets: $316M.

$316M
total plan assets (2023 EOY)
1,273
covered participants
96th
percentile by assets (of 127,072 plans)
$248,501
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hibu Inc. 401(k) Profit Sharing Plan Trust reported net income rose from -$84M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • Hibu Inc. 401(k) Profit Sharing Plan Trust end-of-year assets rose from $286M in the plan year 2022 filing to $316M in the plan year 2023 filing.
  • Hibu Inc. 401(k) Profit Sharing Plan Trust reported participants rose from 1,258 in the plan year 2022 filing to 1,273 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. Hibu Inc. 401(k) Profit Sharing Plan Trust reports 1,273 participants - 2.1x that state average ($316M EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)$286M
Net Assets (End of Year)$316M
Net Income$30M
Employer EIN200829862
Plan Effective Date1958-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hibu Inc.)

$260M$280M$300M$320M$340M$360M 202220232024 $286M $352M ▲ +23.0%
Total plan assets by year, all Hibu Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,258 $286M
2023 1 1,273 $316M
2024 1 1,288 $352M

Nearby 401(k) Plans in Iowa

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

Hibu Inc. 401(k) Profit Sharing Plan Trust vs. nearby 401(k) plans in Iowa, assets vs. participants

Hibu Inc. 401(k) Profit Sharing Plan Trust vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 012345 Total assets ($B) Participants Hibu Inc. 401(k) Pro…The Principal Select…Iowa Health System S…The Hy-Vee and Affil…The Rsm US LLP Retir…Transamerica 401(k) …
Hibu Inc. 401(k) Profit Sharing Plan Trust vs. nearby 401(k) plans in Iowa, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hibu Inc. 401(k) Profit Sharing Plan Trust by total assets, not by location.

Frequently Asked Questions

How did Hibu Inc. 401(k) Profit Sharing Plan Trust assets move in 2023?
Hibu Inc. 401(k) Profit Sharing Plan Trust grew at a solid clip - up 10.5% during 2023, from $286M to $316M. Reported net income was $30M.
How have Hibu Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hibu Inc.'s sponsor-wide assets grew 23.0%, from $286M to $352M.
Where does Hibu Inc. 401(k) Profit Sharing Plan Trust rank by assets among Form 5500 filers?
Hibu Inc. 401(k) Profit Sharing Plan Trust ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Hibu Inc. 401(k) Profit Sharing Plan Trust?
Among 401(k) plans in other states, the closest by assets is Elekta, Inc. 401(k) Savings Plan in GA ($316M, 856 participants).

Next read for Hibu Inc. 401(k) Profit Sharing Plan Tru…

Filing takeaways

Ways to act on Hibu Inc. 401(k) Profit Sharing Plan Trust's numbers.