401(k) · DOL Form 5500 · 2023

Hoffman Enterprises 401(k) Plan

Data updated 2026-08-25

$26M
Total assets Below avg plan size
408
Participants Below avg headcount
77th
Percentile by assets National rank
$63,660
Avg per participant Low balance/head
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Official DOL plan name: Hoffman Enterprises 401(k) Savings Plan · Sponsored by Hoffman Enterprises · Connecticut · Retail Trade

$26M in assets, 408 participants

Hoffman Enterprises's Hoffman Enterprises 401(k) Savings Plan reported $26M in total assets and 408 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #7,235 in Retail Trade (8,414 peers)

Where Hoffman Enterprises 401(k) Savings Plan sits by assets

Hoffman Enterprises 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $26M for 408 participants (~$63,660/participant), up 15.8% in 2023.

#7,235
in Retail Trade (8,414 peers)
+15.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Hoffman Enterprises 401(k) Savings Plan's outsized position by total assets

Hoffman Enterprises 401(k) Savings Plan vs every filed plan by assets

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

$25,973,290 Top 23% higher than 77% 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

Hoffman Enterprises 401(k) Savings 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. Hoffman Enterprises 401(k) Savings Plan sits mid-pack in the medium band (408 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hoffman Enterprises 401(k) Savings Plan reported net income rose from -$5M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Hoffman Enterprises 401(k) Savings Plan end-of-year assets rose from $22M in the plan year 2022 filing to $26M in the plan year 2023 filing.
  • Hoffman Enterprises 401(k) Savings Plan reported participants rose from 383 in the plan year 2022 filing to 408 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 061012275 · Hoffman Enterprises PY 2023 · 401(k)

Hoffman Enterprises 401(k) Savings Plan · $26M · 408 · 77th

  • NET $26M
  • BOOK 408
  • VS-ST 77th
  • BOY 401(k)
  • SCH near Dominion Diagnostics, LLC 401(k) Plan
  • EBSA ind #7235

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 Retail Trade retirement plans → · Plans in Connecticut →

Hoffman Enterprises 401(k) Savings Plan in the asset neighbourhood

Hoffman Enterprises 401(k) Savings PlanHoffman Enterprises 401(k) S…$26MDominion Diagnostics, LLC 401(k) PlanDominion Diagnostics, LLC 40…$26MWade Incorporated 401(k) Salary Savings PlanWade Incorporated 401(k) Sal…$26MLeonard's Express, Inc. 401(k) Savings PlanLeonard's Express, Inc. 401(…$26MIntegrated Supply Network Retirement PlanIntegrated Supply Network Re…$26M
End-of-year total assets ($M) among Hoffman Enterprises 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$26M
Net Income$4M
Employer EIN061012275
Plan Effective Date1995-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hoffman Enterprises)

Sponsor-wide plan assets over time

All Hoffman Enterprises plans reported in each filing year

Latest sponsor-wide plan assets
$30M 31.80562693776795% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $22.4M $29.6M ▲ +31.8%
Year Plans Participants Total Assets
2022 1 383 $22M
2023 1 408 $26M
2024 1 419 $30M

Nearby 401(k) Plans in Connecticut

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

Hoffman Enterprises 401(k) Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Hoffman Enterprises 401(k) Savings Plan, Total assets ($B): 0.02597329 · Participants: 408Hoffman Enterprises 401(k) Savings PlanRtx Savings Plan, Total assets ($B): 52.759784 · Participants: 123037Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 20.653030659 · Participants: 77865Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 6.478512 · Participants: 18377The Hartford Investment and Savings PlanXerox Corporation Savings Plan, Total assets ($B): 3.948866 · Participants: 10291Xerox Corporation Savings PlanEversource 401(k) Plan, Total assets ($B): 3.751712453 · Participants: 9504Eversource 401(k) Plan
Hoffman Enterprises 401(k) Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Hoffman Enterprises 401(k) Savings Plan side-by-side with 3 peers →

Hoffman Enterprises 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Dominion Diagnostics, LLC 401(k) Plan in RI ($26M); by covered participants it is Orano USA 401(k) Retirement Plan in VA (408 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (408 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 Hoffman Enterprises 401(k) Savings Plan assets move in 2023? ▼
Hoffman Enterprises 401(k) Savings Plan grew sharply - up 15.8% during 2023, from $22M to $26M. Reported net income was $4M.
How have Hoffman Enterprises plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hoffman Enterprises's sponsor-wide assets grew 31.8%, from $22M to $30M.
Where does Hoffman Enterprises 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Hoffman Enterprises 401(k) Savings Plan ranks in the 77th 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 Hoffman Enterprises 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Dominion Diagnostics, LLC 401(k) Plan in RI ($26M, 357 participants).
Which 401(k) plans cover a similar participant headcount to Hoffman Enterprises 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Orano USA 401(k) Retirement Plan in VA (408 participants, $162M 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 061012275.

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.