Profit Sharing · DOL Form 5500 · 2024

Hoffman Corporation Profit Sharing Plan

Data updated 2026-07-24

$191M
Total assets
634
Participants
94th
Percentile by assets
$301,076
Avg per participant
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Official DOL plan name: The Hoffman Employee Retirement Income Plan · Sponsored by Hoffman Corporation · Oregon · Construction

$191M in assets, 634 participants

Hoffman Corporation's The Hoffman Employee Retirement Income Plan reported $191M in total assets and 634 participants in its 2024 DOL Form 5500 filing, ranking in the 94th 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.

  • 94th percentile by assets (of 116,472 plans)

Where The Hoffman Employee Retirement Income Plan sits by assets

The Hoffman Employee Retirement Income Plan sits in the top 10% of all filed plans by assets, $191M for 634 participants (~$301,076/participant), up 10.9% in 2024.

$191M
total plan assets (2024 EOY)
634
covered participants
94th
percentile by assets (of 116,472 plans)
$301,076
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Hoffman Employee Retirement Income Plan reported participants rose from 485 in the plan year 2023 filing to 634 in the plan year 2024 filing.
  • The Hoffman Employee Retirement Income Plan reported net income fell from $26M in the plan year 2023 filing to $19M in the plan year 2024 filing.
  • The Hoffman Employee Retirement Income Plan end-of-year assets rose from $172M in the plan year 2023 filing to $191M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

The Hoffman Employee Retirement Income Plan vs the 2024 asset distribution

By assets, The Hoffman Employee Retirement Income Plan outranks 94% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.9x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$172M
Net Assets (End of Year)$191M
Net Income$19M
Employer EIN930863884
Plan Effective Date1956-12-19
Filing StatusFILING RECEIVED

Sponsor Plan History (Hoffman Corporation)

$140M$160M$180M$200M 202220232024 $147M $191M ▲ +30.1%
Total plan assets by year, all Hoffman Corporation plans on file
Year Plans Participants Total Assets
2022 1 483 $147M
2023 1 485 $172M
2024 1 634 $191M

Nearby Profit Sharing Plans in Oregon

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

The Hoffman Employee Retirement Income Plan vs. nearby Profit Sharing plans in Oregon, assets vs. participants

The Hoffman Employee Retirement Income Plan vs. nearby Profit Sharing plans in Oregon, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 02004006008001000 Total assets ($M) Participants The Hoffman Employee…Les Schwab Profit Sh…Legacy Health Define…Willamette Universit…Tuality Healthcare P…Lemnis DC Plan
The Hoffman Employee Retirement Income Plan vs. nearby Profit Sharing plans in Oregon, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to The Hoffman Employee Retirement Income Plan by total assets, not by location.

Frequently Asked Questions

How did The Hoffman Employee Retirement Income Plan assets move in 2024?
The Hoffman Employee Retirement Income Plan grew at a solid clip - up 10.9% during 2024, from $172M to $191M. Reported net income was $19M.
How have Hoffman Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Hoffman Corporation's sponsor-wide assets grew 30.1%, from $147M to $191M.
Where does The Hoffman Employee Retirement Income Plan rank by assets among Form 5500 filers?
The Hoffman Employee Retirement Income Plan ranks in the 94th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which Profit Sharing plans are similar in size to The Hoffman Employee Retirement Income Plan?
Among Profit Sharing plans in other states, the closest by assets is United Union of Roofers - Local 8 Annuity Fund in NY ($191M, 1,806 participants).

Next read for The Hoffman Employee Retirement Income P…

Scale reading

Ways to act on The Hoffman Employee Retirement Income Plan's numbers.

  • By total assets, The Hoffman Employee Retirement Income Plan ranks in the top 10% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in Oregon. Compare plans
  • Hoffman Corporation's sponsor-wide assets have grown 30.1% since 2022 across 3 plan years on file. More Construction plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 930863884.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.