401(k) · DOL Form 5500 · 2023

Hitt Contracting Inc. 401(k) Plan

Data updated 2026-08-25

$219M
Total assets Near avg plan size
2,185
Participants Above avg headcount
95th
Percentile by assets National rank
$100,200
Avg per participant Below avg balance/head
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Official DOL plan name: Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan · Sponsored by Hitt Contracting Inc. · Virginia · Construction

$219M in assets, 2,185 participants

Hitt Contracting Inc.'s Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan reported $219M in total assets and 2,185 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,504 in Construction (9,030 peers)

Coverage in Virginia

Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan covers 2,185 participants in Virginia, 2.8x the typical Virginia plan (state average ~782 per filing). Assets: $219M.

#8,504
in Construction (9,030 peers)
+25.4%
assets growth YoY
2.2×
vs typical plan assets (national mean)

Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan's outsized position by total assets

Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan vs every filed plan by assets

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

$218,935,963 Top 5% higher than 95% 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

Hitt Contracting Inc. 401(k) Savings & Profit Sharing 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. Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan lands in the large band (2,185 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan reported net income rose from -$15M in the plan year 2022 filing to $43M in the plan year 2023 filing.
  • Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan end-of-year assets rose from $175M in the plan year 2022 filing to $219M in the plan year 2023 filing.
  • Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan reported participants rose from 1,809 in the plan year 2022 filing to 2,185 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 540248192 · Hitt Contracting Inc. PY 2023 · 401(k)

Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan · $219M · 2,185 · 95th

  • VS-ST $219M
  • VS-ST 2,185
  • VS-ST 95th
  • VS-ST 401(k)
  • VS-ST near Poet 401(k) Plan
  • VS-ST ind #8504

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 Virginia →

Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan in the asset neighbourhood

Abx Air, Inc. Pilots Investment PlanAbx Air, Inc. Pilots Investm…$219MThe Talbots Retirement Savings 401(k) PlanThe Talbots Retirement Savin…$219MPoet 401(k) Plan$219MHitt Contracting Inc. 401(k) Savings & Profit Sharing PlanHitt Contracting Inc. 401(k)…$219MData Axle, Inc. Retirement PlanData Axle, Inc. Retirement P…$219M
End-of-year total assets ($M) among Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Virginia filing particulars

Total Assets (Beginning of Year)$175M
Net Assets (End of Year)$219M
Net Income$43M
Employer EIN540248192
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hitt Contracting Inc.)

Sponsor-wide plan assets over time

All Hitt Contracting Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$249M 42.68143549725184% vs 2022
2024 filing year
$150M$200M$250M$300M 202220232024 $175M $249M ▲ +42.7%
Year Plans Participants Total Assets
2022 1 1,809 $175M
2023 1 2,185 $219M
2024 1 2,343 $249M

Nearby 401(k) Plans in Virginia

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

Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan, Total assets ($B): 0.218935963 · Participants: 2185Hitt Contracting Inc. 401(k) Savings & 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
Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan side-by-side with 3 peers →

Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is Poet 401(k) Plan in SD ($219M); by covered participants it is Blackhawk Mining Retirement Savings Plan in KY (2,185 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($219M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,185 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 Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan assets move in 2023? ▼
Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan grew sharply - up 25.4% during 2023, from $175M to $219M. Reported net income was $43M.
How have Hitt Contracting Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hitt Contracting Inc.'s sponsor-wide assets grew 42.7%, from $175M to $249M.
Where does Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan ranks in the 95th 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 Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Poet 401(k) Plan in SD ($219M, 2,254 participants).
Which 401(k) plans cover a similar participant headcount to Hitt Contracting Inc. 401(k) Savings & Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Blackhawk Mining Retirement Savings Plan in KY (2,185 participants, $99M 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 540248192.

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.