401(k) · DOL Form 5500 · 2024

HIRED 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
104
Participants Small participant base
44th
Percentile by assets National rank
$55,014
Avg per participant Low balance/head
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Official DOL plan name: Hired 401(k) Retirement Plan · Sponsored by HIRED · Minnesota · Healthcare & Social Assistance

$6M in assets, 104 participants

HIRED's Hired 401(k) Retirement Plan reported $6M in total assets and 104 participants in its 2024 DOL Form 5500 filing, ranking in the 44th 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.

  • #8,118 in Healthcare & Social Assistance (16,916 peers)

Coverage in Minnesota

Hired 401(k) Retirement Plan covers 104 participants in Minnesota, about 9% of the average Minnesota filer (state average ~1,126 per filing). Assets: $6M.

#8,118
in Healthcare & Social Assistance (16,916 peers)
-2.2%
assets change YoY

The plan reported a net loss of $126K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hired 401(k) Retirement Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Hired 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$5,721,440 44th percentile higher than 44% of 123,620 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 2024

Hired 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hired 401(k) Retirement Plan sits mid-pack in the medium band (104 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hired 401(k) Retirement Plan reported net income fell from $610K in the plan year 2023 filing to -$126K in the plan year 2024 filing.
  • Hired 401(k) Retirement Plan reported participants rose from 97 in the plan year 2023 filing to 104 in the plan year 2024 filing.
  • Hired 401(k) Retirement Plan end-of-year assets fell from $6M in the plan year 2023 filing to $6M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 416078344 · HIRED PY 2024 · 401(k)

Hired 401(k) Retirement Plan · $6M · 104 · 44th

  • TYPE $6M
  • NET 104
  • BOOK 44th
  • VS-ST 401(k)
  • BOY near Walton Engineering, Inc. 401(k) Plan
  • SCH ind #8118

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 Healthcare & Social Assistance retirement plans → · Plans in Minnesota →

Hired 401(k) Retirement Plan in the asset neighbourhood

Hired 401(k) Retirement Plan$6MWalton Engineering, Inc. 401(k) PlanWalton Engineering, Inc. 401…$6MIrene C. Chang, a Prof. Dental Corp. Profit Sharing PlanIrene C. Chang, a Prof. Dent…$6MSouthern States Automotive Mgmt. Group LLC 401(k) PlanSouthern States Automotive M…$6MAmerican Furniture Company 401(k) Profit Sharing PlanAmerican Furniture Company 4…$6M
End-of-year total assets ($M) among Hired 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$6M
Net Income-$126K
Employer EIN416078344
Plan Effective Date2011-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (HIRED)

Sponsor-wide plan assets over time

All HIRED plans reported in each filing year

Latest sponsor-wide plan assets
$6M 9.23300121748869% vs 2022
2024 filing year
$5M$5.2M$5.4M$5.6M$5.8M$6M 202220232024 $5.24M $5.72M ▲ +9.2%
Year Plans Participants Total Assets
2022 1 93 $5M
2023 1 97 $6M
2024 1 104 $6M

Nearby 401(k) Plans in Minnesota

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

Hired 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Hired 401(k) Retirement Plan, Total assets ($B): 0.00572144 · Participants: 104Hired 401(k) Retirement PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Hired 401(k) Retirement Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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

Outside Minnesota, the nearest 401(k) by assets is Walton Engineering, Inc. 401(k) Plan in CA ($6M); by covered participants it is Ahold Ecommerce Sales Company 401(k) Plan in NJ (104 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (104 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hired 401(k) Retirement Plan assets move in 2024?
Hired 401(k) Retirement Plan edged down modestly - down 2.2% during 2024, from $6M to $6M. Reported net income was -$126K.
How have HIRED plan assets changed over time?
Across 3 plan years on file (2022-2024), HIRED's sponsor-wide assets grew 9.2%, from $5M to $6M.
Which 401(k) plans are similar in size to Hired 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Walton Engineering, Inc. 401(k) Plan in CA ($6M, 60 participants).
Which 401(k) plans cover a similar participant headcount to Hired 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Ahold Ecommerce Sales Company 401(k) Plan in NJ (104 participants, N/A in assets).