401(k) · DOL Form 5500 · 2024

H.V. Collins Company Inc. 401(k) Profit Sharing Plan

Data updated 2026-05-15

$2M
Total assets
12
Participants
30th
Percentile by assets
$171,638
Avg per participant

Sponsored by H. V. Collins Company Inc. · Rhode Island · Construction

What the 2024 filing shows

H.V. Collins Company Inc. 401(k) Profit Sharing Plan holds $2M for 12 participants - about $171,638 per participant, in the lower half of filed plans by assets, down 25.6% over the 2024 plan year.

$2M
total plan assets (2024 EOY)
12
covered participants
30th
percentile by assets (of 116,472 plans)
$171,638
avg assets per participant

The plan reported a net loss of $710K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Construction

401(k) · DOL Form 5500 · 2024

What the Filing Says About H.V. Collins Company Inc. 401(k) Profit Sharing Plan

H.V. Collins Company Inc. 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by H. V. Collins Company Inc., headquartered in Rhode Island. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $2M in total end-of-year assets and covers 12 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 204051073, and the plan has been effective since 1989-10-19. Its filing status is currently FILING RECEIVED.

Year over year, total assets declined sharply from $3M at the beginning of 2024 to $2M at year-end - down 25.6%. Net assets (after liabilities) closed the year at $2M, with reported net income of -$710K driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years H. V. Collins Company Inc. has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $2M to $2M, a decline of 12.4%, while reported participants moved from 19 to 12 (-36.8%). The strongest year on file by total sponsor assets was 2023 at $3M; the softest was 2024 at $2M. Year-by-year, sponsor-wide filings show: 2022 - $2M in assets across 1 plan covering 19 participants; 2023 - $3M in assets across 1 plan covering 23 participants; 2024 - $2M in assets across 1 plan covering 12 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank H.V. Collins Company Inc. 401(k) Profit Sharing Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$3M
Total Assets (End of Year)$2M
Net Assets (End of Year)$2M
Net Income-$710K
Plan Type401(k)
Employer EIN204051073
Plan Effective Date1989-10-19
Filing StatusFILING RECEIVED

Sponsor Plan History (H. V. Collins Company Inc.)

Year Plans Participants Total Assets
2022 1 19 $2M
2023 1 23 $3M
2024 1 12 $2M

Nearby 401(k) Plans in Rhode Island

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

Frequently Asked Questions

How much money is in the H.V. Collins Company Inc. 401(k) Profit Sharing Plan?
As of the 2024 Form 5500 filing, H.V. Collins Company Inc. 401(k) Profit Sharing Plan holds $2M in total assets with 12 participants. It is sponsored by H. V. Collins Company Inc..
What type of plan is H.V. Collins Company Inc. 401(k) Profit Sharing Plan?
H.V. Collins Company Inc. 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 1989-10-19. The plan is filed with the U.S. Department of Labor under EIN 204051073.
Who sponsors the H.V. Collins Company Inc. 401(k) Profit Sharing Plan?
H.V. Collins Company Inc. 401(k) Profit Sharing Plan is sponsored by H. V. Collins Company Inc., located in Rhode Island. The sponsor's EIN is 204051073 and the plan operates in the Construction industry.
How did H.V. Collins Company Inc. 401(k) Profit Sharing Plan perform in 2024?
H.V. Collins Company Inc. 401(k) Profit Sharing Plan declined sharply - down 25.6% during 2024, moving from $3M to $2M in total assets. Net income was -$710K.

What this filing means

Ways to act on H.V. Collins Company Inc. 401(k) Profit Sharing Plan's numbers.

  • By total assets, H.V. Collins Company Inc. 401(k) Profit Sharing Plan ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Rhode Island. Compare plans
  • H. V. Collins Company Inc.'s sponsor-wide assets have declined 12.4% since 2022 across 3 plan years on file. More Construction plans
  • A 401(k) plan works differently from other retirement plan types, understand the structural differences before comparing. Compare plan types

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 204051073.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

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

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.