401(k) · DOL Form 5500 · 2023

Hobbs & Associates, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
153
Participants Small participant base
56th
Percentile by assets National rank
$57,240
Avg per participant Low balance/head
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Official DOL plan name: Hobbs & Associates 401(k) Profit Sharing Plan · Sponsored by Hobbs & Associates, Inc. · Virginia · Wholesale Trade

$9M in assets, 153 participants

Hobbs & Associates, Inc.'s Hobbs & Associates 401(k) Profit Sharing Plan reported $9M in total assets and 153 participants in its 2023 DOL Form 5500 filing, ranking in the 56th 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.

  • #2,958 in Wholesale Trade (6,309 peers)

Coverage in Virginia

Hobbs & Associates 401(k) Profit Sharing Plan covers 153 participants in Virginia, about 20% of the average Virginia filer (state average ~782 per filing). Assets: $9M.

#2,958
in Wholesale Trade (6,309 peers)
+58.2%
assets growth YoY

Hobbs & Associates 401(k) Profit Sharing Plan's mid-pack asset rank among Wholesale Trade and all filers

Hobbs & Associates 401(k) Profit Sharing Plan vs every filed plan by assets

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

$8,757,651 Top 44% higher than 56% 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

Hobbs & Associates 401(k) Profit Sharing 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. Hobbs & Associates 401(k) Profit Sharing Plan sits mid-pack in the medium band (153 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hobbs & Associates 401(k) Profit Sharing Plan reported net income rose from -$674K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Hobbs & Associates 401(k) Profit Sharing Plan end-of-year assets rose from $6M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Hobbs & Associates 401(k) Profit Sharing Plan reported participants rose from 100 in the plan year 2022 filing to 153 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 541325478 · Hobbs & Associates, Inc. PY 2023 · 401(k)

Hobbs & Associates 401(k) Profit Sharing Plan · $9M · 153 · 56th

  • ASSETS $9M
  • ASSETS 153
  • ASSETS 56th
  • ASSETS 401(k)
  • ASSETS near Zober Industries, Inc. 401(k) Profit Sharing Plan
  • ASSETS ind #2958

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 Virginia →

Hobbs & Associates 401(k) Profit Sharing Plan in the asset neighbourhood

Hobbs & Associates 401(k) Profit Sharing PlanHobbs & Associates 401(k) Pr…$9MZober Industries, Inc. 401(k) Profit Sharing PlanZober Industries, Inc. 401(k…$9MMisfits Market 401(k) Retirement PlanMisfits Market 401(k) Retire…$9MUpside Foods 401(k) Plan$9MThe Gori Law Firm, PC 401(k) PlanThe Gori Law Firm, PC 401(k)…$9M
End-of-year total assets ($M) among Hobbs & Associates 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$9M
Net Income$3M
Employer EIN541325478
Plan Effective Date1996-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hobbs & Associates, Inc.)

Sponsor-wide plan assets over time

All Hobbs & Associates, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 58.17719079985435% vs 2022
2023 filing year
$5M$6M$7M$8M$9M$10M 20222023 $5.54M $8.76M ▲ +58.1%
Year Plans Participants Total Assets
2022 1 100 $6M
2023 1 153 $9M

Nearby 401(k) Plans in Virginia

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

Hobbs & Associates 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Hobbs & Associates 401(k) Profit Sharing Plan, Total assets ($B): 0.008757651 · Participants: 153Hobbs & Associates 401(k) Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Hobbs & Associates 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Hobbs & Associates 401(k) Profit Sharing Plan side-by-side with 3 peers →

Hobbs & Associates 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Zober Industries, Inc. 401(k) Profit Sharing Plan in PA ($9M); by covered participants it is Enven Energy Ventures LLC 401(k) Profit Sharing Plan and Trust in TX (153 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (153 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 Hobbs & Associates 401(k) Profit Sharing Plan assets move in 2023? ▼
Hobbs & Associates 401(k) Profit Sharing Plan surged - up 58.2% during 2023, from $6M to $9M. Reported net income was $3M.
How have Hobbs & Associates, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Hobbs & Associates, Inc.'s sponsor-wide assets grew 58.2%, from $6M to $9M.
Which 401(k) plans are similar in size to Hobbs & Associates 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Zober Industries, Inc. 401(k) Profit Sharing Plan in PA ($9M, 142 participants).
Which 401(k) plans cover a similar participant headcount to Hobbs & Associates 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Enven Energy Ventures LLC 401(k) Profit Sharing Plan and Trust in TX (153 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 541325478.

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.