401(k) · DOL Form 5500 · 2023

Hormann LLC 401(k) Plan

Data updated 2026-08-25

$24M
Total assets Small plan by assets
605
Participants Below avg headcount
76th
Percentile by assets National rank
$39,849
Avg per participant Low balance/head
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Official DOL plan name: Hormann LLC Employees Salary Savings Plan · Sponsored by Hormann LLC · Illinois · Manufacturing

$24M in assets, 605 participants

Hormann LLC's Hormann LLC Employees Salary Savings Plan reported $24M in total assets and 605 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.

  • #12,475 in Manufacturing (18,722 peers)

Where Hormann LLC Employees Salary Savings Plan sits by assets

Hormann LLC Employees Salary Savings Plan sits in the top quartile of all filed plans by assets, $24M for 605 participants (~$39,849/participant), up 122.1% in 2023.

#12,475
in Manufacturing (18,722 peers)
+122.1%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Hormann LLC Employees Salary Savings Plan's outsized position by total assets

Hormann LLC Employees Salary Savings Plan vs every filed plan by assets

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

$24,108,476 Top 24% higher than 76% 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

Hormann LLC Employees Salary Savings 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. Hormann LLC Employees Salary Savings Plan sits mid-pack in the medium band (605 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hormann LLC Employees Salary Savings Plan reported net income rose from -$495K in the plan year 2022 filing to $5M in the plan year 2023 filing.
  • Hormann LLC Employees Salary Savings Plan end-of-year assets rose from $11M in the plan year 2022 filing to $24M in the plan year 2023 filing.
  • Hormann LLC Employees Salary Savings Plan reported participants rose from 277 in the plan year 2022 filing to 605 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 204330294 · Hormann LLC PY 2023 · 401(k)

Hormann LLC Employees Salary Savings Plan · $24M · 605 · 76th

  • VS-ST $24M
  • VS-ST 605
  • VS-ST 76th
  • VS-ST 401(k)
  • VS-ST near Tucker Ellis LLP Counsel & Associates Retirement Plan
  • VS-ST ind #12475

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 Manufacturing retirement plans → · Plans in Illinois →

Hormann LLC Employees Salary Savings Plan in the asset neighbourhood

Hormann LLC Employees Salary Savings PlanHormann LLC Employees Salary…$24MTucker Ellis LLP Counsel & Associates Retirement PlanTucker Ellis LLP Counsel & A…$24MGoosehead Insurance 401(k) PlanGoosehead Insurance 401(k) P…$24M401(k) Employees Savings Plan of East West Partners, LLC401(k) Employees Savings Pla…$24MJ. W. Nutt Company 401(k) PlanJ. W. Nutt Company 401(k) Pl…$24M
End-of-year total assets ($M) among Hormann LLC Employees Salary Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$24M
Net Income$5M
Employer EIN204330294
Plan Effective Date1989-05-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hormann LLC)

Sponsor-wide plan assets over time

All Hormann LLC plans reported in each filing year

Latest sponsor-wide plan assets
$29M 166.8438006573699% vs 2022
2024 filing year
$0M$10M$20M$30M$40M 202220232024 $10.9M $29M ▲ +166.9%
Year Plans Participants Total Assets
2022 1 277 $11M
2023 1 605 $24M
2024 1 643 $29M

Nearby 401(k) Plans in Illinois

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

Hormann LLC Employees Salary Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Hormann LLC Employees Salary Savings Plan, Total assets ($B): 0.024108476 · Participants: 605Hormann LLC Employees Salary Savings PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Hormann LLC Employees Salary Savings Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Hormann LLC Employees Salary Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Tucker Ellis LLP Counsel & Associates Retirement Plan in OH ($24M); by covered participants it is Pathways, Incorporated Employees' Retirement Plan in NY (605 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (605 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 Hormann LLC Employees Salary Savings Plan assets move in 2023?
Hormann LLC Employees Salary Savings Plan surged - up 122.1% during 2023, from $11M to $24M. Reported net income was $5M.
How have Hormann LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Hormann LLC's sponsor-wide assets grew 166.8%, from $11M to $29M.
Where does Hormann LLC Employees Salary Savings Plan rank by assets among Form 5500 filers?
Hormann LLC Employees Salary Savings Plan ranks in the 76th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Hormann LLC Employees Salary Savings Plan?
Among 401(k) plans in other states, the closest by assets is Tucker Ellis LLP Counsel & Associates Retirement Plan in OH ($24M, 121 participants).
Which 401(k) plans cover a similar participant headcount to Hormann LLC Employees Salary Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Pathways, Incorporated Employees' Retirement Plan in NY (605 participants, $17M in assets).