401(k) · DOL Form 5500 · 2023

H Mart Inc. 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
3,330
Participants Above avg headcount
65th
Percentile by assets National rank
$4,132
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: H Mart 401(k) Plan · Sponsored by H Mart Inc. · New Jersey · Retail Trade

$14M in assets, 3,330 participants

H Mart Inc.'s H Mart 401(k) Plan reported $14M in total assets and 3,330 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #6,414 in Retail Trade (8,414 peers)

Coverage in New Jersey

H Mart 401(k) Plan covers 3,330 participants in New Jersey, 3.9x the typical New Jersey plan (state average ~844 per filing). Assets: $14M.

#6,414
in Retail Trade (8,414 peers)
+143.4%
assets growth YoY

H Mart 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

H Mart 401(k) Plan vs every filed plan by assets

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

$13,759,476 Top 35% higher than 65% 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

H Mart 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. H Mart 401(k) Plan lands in the large band (3,330 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • H Mart 401(k) Plan end-of-year assets rose from $6M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • H Mart 401(k) Plan reported net income rose from $6M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • H Mart 401(k) Plan reported participants rose from 3,295 in the plan year 2022 filing to 3,330 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 263957673 · H Mart Inc. PY 2023 · 401(k)

H Mart 401(k) Plan · $14M · 3,330 · 65th

  • EBSA $14M
  • PART 3,330
  • TYPE 65th
  • NET 401(k)
  • BOOK near Dovedale Sales Corp. 401(k) Plan
  • VS-ST ind #6414

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 New Jersey →

H Mart 401(k) Plan in the asset neighbourhood

H Mart 401(k) Plan$14MDovedale Sales Corp. 401(k) PlanDovedale Sales Corp. 401(k) …$14MDavid S. Lapine, Inc. Profit Sharing and 401(k) PlanDavid S. Lapine, Inc. Profit…$14MContinuum Health Services, Inc. 401(k) PlanContinuum Health Services, I…$14MJenkins Services, Inc. 401(k) Profit Sharing PlanJenkins Services, Inc. 401(k…$14M
End-of-year total assets ($M) among H Mart 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$14M
Net Income$8M
Employer EIN263957673
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (H Mart Inc.)

Sponsor-wide plan assets over time

All H Mart Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 301.90070839182056% vs 2022
2024 filing year
$0M$10M$20M$30M 202220232024 $5.65M $22.7M ▲ +302.1%
Year Plans Participants Total Assets
2022 1 3,295 $6M
2023 1 3,330 $14M
2024 1 3,972 $23M

Nearby 401(k) Plans in New Jersey

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

H Mart 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants H Mart 401(k) Plan, Total assets ($B): 0.013759476 · Participants: 3330H Mart 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
H Mart 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

H Mart 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Dovedale Sales Corp. 401(k) Plan in NY ($14M); by covered participants it is Dexter 401(k) Retirement Savings Plan in IN (3,330 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,330 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 H Mart 401(k) Plan assets move in 2023?
H Mart 401(k) Plan surged - up 143.4% during 2023, from $6M to $14M. Reported net income was $8M.
How have H Mart Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), H Mart Inc.'s sponsor-wide assets grew 301.9%, from $6M to $23M.
Which 401(k) plans are similar in size to H Mart 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Dovedale Sales Corp. 401(k) Plan in NY ($14M, 249 participants).
Which 401(k) plans cover a similar participant headcount to H Mart 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Dexter 401(k) Retirement Savings Plan in IN (3,330 participants, $142M in assets).