401(k) · DOL Form 5500 · 2024

Hobbs, Inc. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
89
Participants Small participant base
75th
Percentile by assets National rank
$284,676
Avg per participant High balance/head
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Official DOL plan name: Hobbs, Inc. 401(k) Profit Sharing Plan · Sponsored by Hobbs, Inc. · Connecticut · Construction

$25M in assets, 89 participants

Hobbs, Inc.'s Hobbs, Inc. 401(k) Profit Sharing Plan reported $25M in total assets and 89 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • #6,620 in Construction (9,039 peers)

Where Hobbs, Inc. 401(k) Profit Sharing Plan sits by assets

Hobbs, Inc. 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $25M for 89 participants (~$284,676/participant), up 9.3% in 2024.

#6,620
in Construction (9,039 peers)
+9.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Hobbs, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Hobbs, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$25,336,173 Top 25% higher than 75% 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

Hobbs, Inc. 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hobbs, Inc. 401(k) Profit Sharing Plan is a small filing (89 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hobbs, Inc. 401(k) Profit Sharing Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Hobbs, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $23M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Hobbs, Inc. 401(k) Profit Sharing Plan reported participants rose from 87 in the plan year 2023 filing to 89 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 060692219 · Hobbs, Inc. PY 2024 · 401(k)

Hobbs, Inc. 401(k) Profit Sharing Plan · $25M · 89 · 75th

  • PART $25M
  • PART 89
  • PART 75th
  • PART 401(k)
  • PART near Freeman Mathis & Gary, LLP Attorney Retirement Savings Plan
  • PART ind #6620

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 Construction retirement plans → · Plans in Connecticut →

Hobbs, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Hobbs, Inc. 401(k) Profit Sharing PlanHobbs, Inc. 401(k) Profit Sh…$25MFreeman Mathis & Gary, LLP Attorney Retirement Savings PlanFreeman Mathis & Gary, LLP A…$25MGetwellnetwork, Inc. 401(k) PlanGetwellnetwork, Inc. 401(k) …$25MThe Title Team 401(k) Profit Sharing PlanThe Title Team 401(k) Profit…$25MPrecoa 401(k) Plan$25M
End-of-year total assets ($M) among Hobbs, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$25M
Net Income$2M
Employer EIN060692219
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hobbs, Inc.)

Sponsor-wide plan assets over time

All Hobbs, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$25M 22.56830018192096% vs 2022
2024 filing year
$20M$22M$24M$26M 202220232024 $20.7M $25.3M ▲ +22.6%
Year Plans Participants Total Assets
2022 1 81 $21M
2023 1 87 $23M
2024 1 89 $25M

Nearby 401(k) Plans in Connecticut

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

Hobbs, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Hobbs, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.025336173 · Participants: 89Hobbs, Inc. 401(k) Profit Sharing PlanRtx Savings Plan, Total assets ($B): 58.647425 · Participants: 124876Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 23.241033081 · Participants: 78741Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 7.183243 · Participants: 18614The Hartford Investment and Savings PlanEversource 401(k) Plan, Total assets ($B): 4.046347175 · Participants: 10041Eversource 401(k) PlanXerox Corporation Savings Plan, Total assets ($B): 3.976943 · Participants: 9876Xerox Corporation Savings Plan
Hobbs, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants
Compare Hobbs, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Hobbs, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Freeman Mathis & Gary, LLP Attorney Retirement Savings Plan in GA ($25M); by covered participants it is Hilscher-Clarke Electric Company 401(k) Profit Sharing Plan in OH (89 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($25M here).

Similar participant headcount

Nearest other-state filings by covered participants (89 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 Hobbs, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Hobbs, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 9.3% during 2024, from $23M to $25M. Reported net income was $2M.
How have Hobbs, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hobbs, Inc.'s sponsor-wide assets grew 22.6%, from $21M to $25M.
Where does Hobbs, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Hobbs, Inc. 401(k) Profit Sharing Plan ranks in the 75th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Hobbs, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Freeman Mathis & Gary, LLP Attorney Retirement Savings Plan in GA ($25M, 294 participants).
Which 401(k) plans cover a similar participant headcount to Hobbs, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hilscher-Clarke Electric Company 401(k) Profit Sharing Plan in OH (89 participants, $20M in assets).

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 060692219.

Read our methodology - how this data is sourced, computed, and verified.

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