401(k) · DOL Form 5500 · 2024

Hni Corporation 401(k) Plan

Data updated 2026-08-11

$1.5B
Total assets
5,550
Participants
99th
Percentile by assets
$264,332
Avg per participant
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Official DOL plan name: Hni Corporation 401(k) Plan · Sponsored by Hni Corporation · Iowa · Manufacturing

$1.5B in assets, 5,550 participants

Hni Corporation's Hni Corporation 401(k) Plan reported $1.5B in total assets and 5,550 participants in its 2024 DOL Form 5500 filing, ranking in the 99th 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.

  • 99th percentile by assets (of 123,622 plans)
  • #17,439 in Manufacturing (17,777 peers)

Coverage in Iowa

Hni Corporation 401(k) Plan covers 5,550 participants in Iowa, 9.1x the typical Iowa plan (state average ~609 per filing). Assets: $1.5B.

$1.5B
total plan assets (2024 EOY)
5,550
covered participants
99th
percentile by assets (of 123,622 plans)
$264,332
avg assets per participant

Where Hni Corporation 401(k) Plan sits by total assets

Hni Corporation 401(k) Plan vs every filed plan by assets

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

$1,467,045,204 Top 1% higher than 99% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hni Corporation 401(k) Plan end-of-year assets rose from $1.0B in the plan year 2023 filing to $1.5B in the plan year 2024 filing.
  • Hni Corporation 401(k) Plan reported net income fell from $122M in the plan year 2023 filing to $97M in the plan year 2024 filing.
  • Hni Corporation 401(k) Plan reported participants fell from 6,526 in the plan year 2023 filing to 5,550 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. Hni Corporation 401(k) Plan reports 5,550 participants - 9.1x that state average ($1.5B EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)$1.0B
Net Assets (End of Year)$1.5B
Net Income$97M
Employer EIN420617510
Plan Effective Date1960-01-03
Filing StatusFILING RECEIVED

Sponsor Plan History (Hni Corporation)

$0.8B$1B$1.2B$1.4B$1.6B 202220232024 $0.9B $1.47B ▲ +63.3%
Total plan assets by year, all Hni Corporation plans on file
Year Plans Participants Total Assets
2022 2 6,844 $901M
2023 2 6,526 $1.0B
2024 2 5,550 $1.5B

Nearby 401(k) Plans in Iowa

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

Hni Corporation 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Hni Corporation 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. 0200004000060000 12345 Total assets ($B) Participants Hni Corporation 401(…The Principal Select…The Rsm US LLP Retir…Iowa Health System S…The Hy-Vee and Affil…Transamerica 401(k) …
Hni Corporation 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Scale composition for Hni Corporation 401(k) Plan

Hni Corporation 401(k) Plan reports $1.5B in end-of-year assets across 5,550 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $264,332 per participant (1.9x the national average assets-per-participant) . Net income for plan year 2024 was $97M.

This plan identity (EIN 420617510, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $895M to $1.5B (+63.9%) while covered participants moved from 6,844 to 5,550 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,844 $895M Open filing
2023 6,526 $1.0B Open filing
2024 · index core 5,550 $1.5B This page

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hni Corporation 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Hni Corporation 401(k) Plan assets move in 2024?
Hni Corporation 401(k) Plan surged - up 44.3% during 2024, from $1.0B to $1.5B. Reported net income was $97M.
How have Hni Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Hni Corporation's sponsor-wide assets grew 63.5%, from $901M to $1.5B.
Where does Hni Corporation 401(k) Plan rank by assets among Form 5500 filers?
Hni Corporation 401(k) Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Hni Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Arrow Electronics Savings Plan in CO ($1.5B, 4,825 participants).

Next read for Hni Corporation 401(k) Plan

Filing takeaways

Ways to act on Hni Corporation 401(k) Plan's numbers.