401(k) · DOL Form 5500 · 2024

Hughes Group, Inc. 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets: 356
Participants Below avg headcount: 60th
Percentile by assets National rank: $34,025
Avg per participant Low balance/head

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Official DOL plan name: Hughes Group, Inc. 401(k) Plan · Sponsored by Hughes Group, Inc. · Indiana · Management of Enterprises

$12M in assets, 356 participants

Hughes Group, Inc.'s Hughes Group, Inc. 401(k) Plan reported $12M in total assets and 356 participants in its 2024 DOL Form 5500 filing, ranking in the 60th 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.

#486 in Management of Enterprises (1,133 peers)

Hughes Group, Inc. multi-year trail

Hughes Group, Inc.'s plans moved +20.5% in assets from 2022 to 2024; this filing shows Hughes Group, Inc. 401(k) Plan at $12M / 356 participants.

#486
in Management of Enterprises (1,133 peers): +18.8%
assets growth YoY

Hughes Group, Inc. 401(k) Plan's mid-pack asset rank among Management of Enterprises and all filers

Hughes Group, Inc. 401(k) Plan vs every filed plan by assets

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

$12,112,750 Top 40% higher than 60% of 123,620 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Hughes Group, Inc. 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. Hughes Group, Inc. 401(k) Plan sits mid-pack in the medium band (356 participants).

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Hughes Group, Inc. 401(k) Plan reported net income rose from $142K in the plan year 2023 filing to $2M in the plan year 2024 filing.
Hughes Group, Inc. 401(k) Plan reported participants rose from 291 in the plan year 2023 filing to 356 in the plan year 2024 filing.
Hughes Group, Inc. 401(k) Plan end-of-year assets rose from $10M in the plan year 2023 filing to $12M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 350958626 · Hughes Group, Inc. PY 2024 · 401(k)

Hughes Group, Inc. 401(k) Plan · $12M · 356 · 60th

PHOTO $12M
IND 356
EOY 60th
5500 401(k)
ASSETS near Provi 401(k) Plan
PCT ind #486

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 Management of Enterprises retirement plans → · Plans in Indiana →

End-of-year total assets ($M) among Hughes Group, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Hughes Group, Inc. multi-year asset trail

Latest sponsor-wide plan assets: $12M 20.459899192684226% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	294	$10M
2023	1	291	$10M
2024	1	356	$12M

Hughes Group, Inc. filing trail (2024)

Total Assets (Beginning of Year)	$10M
Net Assets (End of Year)	$12M
Net Income	$2M
Employer EIN	350958626
Plan Effective Date	2004-10-01
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in Indiana

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

Hughes Group, Inc. 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

The Lilly Employee 401(k) Plan $13.1B · 19,977
Elevance Health 401(k) Plan $12.1B · 73,120
Cummins Retirement and Savings Plan $6.4B · 30,272
Iu Health 401(k) Savings Plan $4.5B · 38,460
Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $3.0B · 9,385

Compare Hughes Group, Inc. 401(k) Plan side-by-side with 3 peers →

Hughes Group, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Provi 401(k) Plan in IL ($12M); by covered participants it is Rubicon Global Holdings, LLC 401(k) Plan in GA (356 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Provi 401(k) Plan (IL) $12M · 225
St. Mary's Food Bank's Profit Sharing Plan (AZ) $12M · 220
First Aviation Services Inc. and Subsidiaries 401(k) Plan (CT) $12M · 253
403(b) Thrift Plan of Guild (MN) $12M · 225

Similar participant headcount

Nearest other-state filings by covered participants (356 participants); asset peers above are excluded.

Rubicon Global Holdings, LLC 401(k) Plan (GA) 356 · 0 off
Lake Shore Systems, Inc. 401(k) Plan (WI) 356 · 0 off
Ipsoft Incorporated 401(k) Plan (NY) 356 · 0 off
403(b) Thrift Plan for Employees of Enmrsh, Inc. (NM) 356 · 0 off

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 Hughes Group, Inc. 401(k) Plan assets move in 2024? ▼

Hughes Group, Inc. 401(k) Plan grew sharply - up 18.8% during 2024, from $10M to $12M. Reported net income was $2M.

How have Hughes Group, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Hughes Group, Inc.'s sponsor-wide assets grew 20.5%, from $10M to $12M.

Which 401(k) plans are similar in size to Hughes Group, Inc. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Provi 401(k) Plan in IL ($12M, 225 participants).

Which 401(k) plans cover a similar participant headcount to Hughes Group, Inc. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Rubicon Global Holdings, LLC 401(k) Plan in GA (356 participants, $13M 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 350958626.