401(k) · DOL Form 5500 · 2023

Hoddy Gates Electric Service Inc 401(k) Plan

Data updated 2026-08-25

$861K
Total assets Small plan by assets
6
Participants Small participant base
22nd
Percentile by assets National rank
$143,496
Avg per participant Near avg balance/head
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Official DOL plan name: Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan · Sponsored by Hoddy Gates Electric Service Inc · Iowa · Other Services

$861K in assets, 6 participants

Hoddy Gates Electric Service Inc's Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan reported $861K in total assets and 6 participants in its 2023 DOL Form 5500 filing, ranking in the 22nd 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.

  • #3,631 in Other Services (7,857 peers)

Other Services sector rank

Within Other Services, Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan ranks #3,631 of 7,857 2023 filers by assets (2331% of the sector average)-$861K for 6 participants.

#3,631
in Other Services (7,857 peers)
+15.6%
assets growth YoY

Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan among the smaller filed plans by assets

Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan vs every filed plan by assets

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

$860,976 22nd percentile higher than 22% 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

Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan is a micro filing (6 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan reported net income rose from $76K in the plan year 2022 filing to $116K in the plan year 2023 filing.
  • Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan reported participants rose from 5 in the plan year 2022 filing to 6 in the plan year 2023 filing.
  • Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan end-of-year assets rose from $745K in the plan year 2022 filing to $861K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 421105002 · Hoddy Gates Electric Service Inc PY 2023 · 401(k)

Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan · $861K · 6 · 22nd

  • BOOK $861K
  • VS-ST 6
  • BOY 22nd
  • SCH 401(k)
  • EBSA near Crush It, Inc. 401(k) Plan
  • PART ind #3631

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 Other Services retirement plans → · Plans in Iowa →

Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan in the asset neighbourhood

Hoddy Gates Electric Service, Inc 401(k) Profit Sharing PlanHoddy Gates Electric Service…$861KCrush It, Inc. 401(k) Plan$861KAdvanced Dental Design, Inc. 401(k) PlanAdvanced Dental Design, Inc.…$861KIdaho Primary Care Association 401(k) PlanIdaho Primary Care Associati…$861KBawa 401(k)$861K
End-of-year total assets ($M) among Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Other Services filing particulars

Total Assets (Beginning of Year)$745K
Net Assets (End of Year)$861K
Net Income$116K
Employer EIN421105002
Plan Effective Date2001-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hoddy Gates Electric Service Inc)

Sponsor-wide plan assets over time

All Hoddy Gates Electric Service Inc plans reported in each filing year

Latest sponsor-wide plan assets
$832K 11.698788335462242% vs 2022
2024 filing year
$0.7M$0.75M$0.8M$0.85M$0.9M 202220232024 $0.74M $0.83M ▲ +12.2%
Year Plans Participants Total Assets
2022 1 5 $745K
2023 1 6 $861K
2024 1 5 $832K

Nearby 401(k) Plans in Iowa

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

Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan, Total assets ($B): 0.000860976 · Participants: 6Hoddy Gates Electric Service, Inc 401(k) Profit Sharing PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Crush It, Inc. 401(k) Plan in TN ($861K); by covered participants it is Gears Over Gravity, Inc. 401(k) Plan in CA (6 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($861K here).

Similar participant headcount

Nearest other-state filings by covered participants (6 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 Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan assets move in 2023?
Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan grew sharply - up 15.6% during 2023, from $745K to $861K. Reported net income was $116K.
How have Hoddy Gates Electric Service Inc plan assets changed over time?
Across 3 plan years on file (2022-2024), Hoddy Gates Electric Service Inc's sponsor-wide assets grew 11.7%, from $745K to $832K.
Where does Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan ranks in the 22nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Crush It, Inc. 401(k) Plan in TN ($861K, 10 participants).
Which 401(k) plans cover a similar participant headcount to Hoddy Gates Electric Service, Inc 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Gears Over Gravity, Inc. 401(k) Plan in CA (6 participants, $234K in assets).