401(k) · DOL Form 5500 · 2023
Hy-Vee, Inc. 401(k) Plan
Data updated 2026-08-25
- $2.9B
- Total assets Very large vs avg
- 56,181
- Participants Very large workforce
- 100th
- Percentile by assets National rank
- $52,352
- Avg per participant Low balance/head
Official DOL plan name: The Hy-Vee and Affiliates 401(k) Plan · Sponsored by Hy-Vee, Inc. · Iowa · Retail Trade
$2.9B in assets, 56,181 participants
Hy-Vee, Inc.'s The Hy-Vee and Affiliates 401(k) Plan reported $2.9B in total assets and 56,181 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.
- #8,387 in Retail Trade (8,414 peers)
Coverage in Iowa
The Hy-Vee and Affiliates 401(k) Plan covers 56,181 participants in Iowa, 92x the typical Iowa plan (state average ~609 per filing). Assets: $2.9B.
- #8,387
- in Retail Trade (8,414 peers)
- +20.2%
- assets growth YoY
- 30×
- vs typical plan assets (national mean)
The Hy-Vee and Affiliates 401(k) Plan's outsized position by total assets
The Hy-Vee and Affiliates 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$2,941,182,172 Highest reported value at or above every one of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
The Hy-Vee and Affiliates 401(k) Plan's mega-plan peer group by participant headcount
Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Hy-Vee and Affiliates 401(k) Plan is a mega filing (56,181 participants), the rightmost band on the breakdown.
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- The Hy-Vee and Affiliates 401(k) Plan reported net income rose from $214M in the plan year 2022 filing to $494M in the plan year 2023 filing.
- The Hy-Vee and Affiliates 401(k) Plan end-of-year assets rose from $2.4B in the plan year 2022 filing to $2.9B in the plan year 2023 filing.
- The Hy-Vee and Affiliates 401(k) Plan reported participants fell from 59,826 in the plan year 2022 filing to 56,181 in the plan year 2023 filing.
DOL schedule card
Filing strip 420325638 · Hy-Vee, Inc. PY 2023 · 401(k)
The Hy-Vee and Affiliates 401(k) Plan · $2.9B · 56,181 · 100th
- 5500 $2.9B
- 5500 56,181
- 5500 100th
- 5500 401(k)
- 5500 near Inova Health System Retirement Savings Plan
- 5500 ind #8387
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 Iowa →
The Hy-Vee and Affiliates 401(k) Plan in the asset neighbourhood
Iowa filing particulars
| Total Assets (Beginning of Year) | $2.4B |
|---|---|
| Net Assets (End of Year) | $2.9B |
| Net Income | $494M |
| Employer EIN | 420325638 |
| Plan Effective Date | 1994-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hy-Vee, Inc.)
Sponsor-wide plan assets over time
All Hy-Vee, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $3.1B 27.00297664406916% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 59,826 | $2.4B |
| 2023 | 1 | 56,181 | $2.9B |
| 2024 | 1 | 55,411 | $3.1B |
Nearby 401(k) Plans in Iowa
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Principal Select Savings Plan $4.1B · 12,827
- Iowa Health System Section 401(k) Retirement Savings Plan $3.0B · 28,959
- The Rsm US LLP Retirement Plan $2.9B · 14,720
- Transamerica 401(k) Retirement Savings Plan $2.4B · 6,999
- Midamerican Energy Company Retirement Savings Plan $1.7B · 5,056
Scale composition for The Hy-Vee and Affiliates 401(k) Plan
The Hy-Vee and Affiliates 401(k) Plan reports $2.9B in end-of-year assets across 56,181 participants (0.024% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.060% of 93,925,755 covered participants) - about $52,352 per participant (38% of the national average assets-per-participant) . Net income for plan year 2023 was $494M.
This plan identity (EIN 420325638, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.4B to $3.1B (+27.0%) while covered participants moved from 59,826 to 55,411 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 59,826 | $2.4B | Open filing |
| 2023 | 56,181 | $2.9B | This page |
| 2024 · index core | 55,411 | $3.1B | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- The Hy-Vee and Affiliates 401(k) Plan (401(k), $3.1B, 55,411 participants)
The Hy-Vee and Affiliates 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside Iowa, the nearest 401(k) by assets is Inova Health System Retirement Savings Plan in VA ($2.9B); by covered participants it is The Progressive 401(k) Plan in OH (56,176 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($2.9B here).
- Inova Health System Retirement Savings Plan (VA) $2.9B · 19,635
- Justworks Retirement Savings Plan (NY) $2.9B · 79,355
- Xcel Energy 401(k) Savings Plan (MN) $2.9B · 9,334
- Abb Inc. Retirement Savings Plan (NC) $2.9B · 13,587
Similar participant headcount
Nearest other-state filings by covered participants (56,181 participants); asset peers above are excluded.
- The Progressive 401(k) Plan (OH) 56,176 · 5 off
- Truist Financial Corporation 401(k) Savings Plan (NC) 55,480 · 701 off
- Ross Stores, Inc. 401(k) Savings Plan (CA) 55,389 · 792 off
- Morgan Stanley 401(k) Plan (NY) 55,363 · 818 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.