401(k) · DOL Form 5500 · 2024

Hoffer Plastics Corporation 401(k) Plan

Data updated 2026-08-25

$62M
Total assets Below avg plan size
314
Participants Below avg headcount
86th
Percentile by assets National rank
$198,040
Avg per participant Above avg balance/head
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Official DOL plan name: Hoffer Plastics Corporation Profit Sharing and 401(k) Plan · Sponsored by Hoffer Plastics Corporation · Illinois · Manufacturing

$62M in assets, 314 participants

Hoffer Plastics Corporation's Hoffer Plastics Corporation Profit Sharing and 401(k) Plan reported $62M in total assets and 314 participants in its 2024 DOL Form 5500 filing, ranking in the 86th 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.

  • #14,306 in Manufacturing (17,777 peers)

Coverage in Illinois

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan covers 314 participants in Illinois, about 40% of the average Illinois filer (state average ~779 per filing). Assets: $62M.

#14,306
in Manufacturing (17,777 peers)
+4.1%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan's outsized position by total assets

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan vs every filed plan by assets

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

$62,184,469 Top 14% higher than 86% 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

Hoffer Plastics Corporation Profit Sharing and 401(k) 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. Hoffer Plastics Corporation Profit Sharing and 401(k) Plan sits mid-pack in the medium band (314 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hoffer Plastics Corporation Profit Sharing and 401(k) Plan reported net income fell from $8M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Hoffer Plastics Corporation Profit Sharing and 401(k) Plan end-of-year assets rose from $60M in the plan year 2023 filing to $62M in the plan year 2024 filing.
  • Hoffer Plastics Corporation Profit Sharing and 401(k) Plan reported participants fell from 324 in the plan year 2023 filing to 314 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 362347537 · Hoffer Plastics Corporation PY 2024 · 401(k)

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan · $62M · 314 · 86th

  • EIN $62M
  • RANK 314
  • PHOTO 86th
  • IND 401(k)
  • EOY near Alpla 401(k) Retirement Plan
  • 5500 ind #14306

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 Manufacturing retirement plans → · Plans in Illinois →

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan in the asset neighbourhood

Sbera 401(k) Plan as Adopted by Bristol County Savings BankSbera 401(k) Plan as Adopted…$62MHoffer Plastics Corporation Profit Sharing and 401(k) PlanHoffer Plastics Corporation …$62MAlpla 401(k) Retirement Plan$62MMotive Technologies 401(k) PlanMotive Technologies 401(k) P…$62MPride Mobility Products 401(k) Profit Sharing PlanPride Mobility Products 401(…$62M
End-of-year total assets ($M) among Hoffer Plastics Corporation Profit Sharing and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$60M
Net Assets (End of Year)$62M
Net Income$2M
Employer EIN362347537
Plan Effective Date1962-11-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Hoffer Plastics Corporation)

Sponsor-wide plan assets over time

All Hoffer Plastics Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$62M 19.66225072597034% vs 2022
2024 filing year
$50M$55M$60M$65M 202220232024 $52M $62.2M ▲ +19.6%
Year Plans Participants Total Assets
2022 1 318 $52M
2023 1 324 $60M
2024 1 314 $62M

Nearby 401(k) Plans in Illinois

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

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Hoffer Plastics Corporation Profit Sharing and 401(k) Plan, Total assets ($B): 0.062184469 · Participants: 314Hoffer Plastics Corporation Profit Sharing and 401(k) PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Hoffer Plastics Corporation Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Hoffer Plastics Corporation Profit Sharing and 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Alpla 401(k) Retirement Plan in GA ($62M); by covered participants it is Data Center, Inc. Savings & Retirement Plan in KS (314 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (314 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 Hoffer Plastics Corporation Profit Sharing and 401(k) Plan assets move in 2024?
Hoffer Plastics Corporation Profit Sharing and 401(k) Plan edged up modestly - up 4.1% during 2024, from $60M to $62M. Reported net income was $2M.
How have Hoffer Plastics Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Hoffer Plastics Corporation's sponsor-wide assets grew 19.7%, from $52M to $62M.
Where does Hoffer Plastics Corporation Profit Sharing and 401(k) Plan rank by assets among Form 5500 filers?
Hoffer Plastics Corporation Profit Sharing and 401(k) Plan ranks in the 86th 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 Hoffer Plastics Corporation Profit Sharing and 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Alpla 401(k) Retirement Plan in GA ($62M, 1,458 participants).
Which 401(k) plans cover a similar participant headcount to Hoffer Plastics Corporation Profit Sharing and 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Data Center, Inc. Savings & Retirement Plan in KS (314 participants, $64M in assets).