401(k) · DOL Form 5500 · 2024

Hobby Lobby Stores, Inc. 401(k) Plan

Data updated 2026-08-11

$564M
Total assets
29,560
Participants
97th
Percentile by assets
$19,072
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group · Sponsored by Hobby Lobby Stores, Inc. · Oklahoma · Retail Trade

$564M in assets, 29,560 participants

Hobby Lobby Stores, Inc.'s Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group reported $564M in total assets and 29,560 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 123,622 plans)
  • #7,917 in Retail Trade (8,048 peers)

Coverage in Oklahoma

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group covers 29,560 participants in Oklahoma, 39x the typical Oklahoma plan (state average ~760 per filing). Assets: $564M.

$564M
total plan assets (2024 EOY)
29,560
covered participants
97th
percentile by assets (of 123,622 plans)
$19,072
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group end-of-year assets rose from $487M in the plan year 2023 filing to $564M in the plan year 2024 filing.
  • Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group reported net income fell from $81M in the plan year 2023 filing to $77M in the plan year 2024 filing.
  • Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group reported participants fell from 30,313 in the plan year 2023 filing to 29,560 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs Oklahoma filers

In Oklahoma, the average filing covers about 760 participants across 1,268 plans. Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group reports 29,560 participants - 39x that state average ($564M EOY assets).

Oklahoma filing particulars

Total Assets (Beginning of Year)$487M
Net Assets (End of Year)$564M
Net Income$77M
Employer EIN731032203
Plan Effective Date1989-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hobby Lobby Stores, Inc.)

$350M$400M$450M$500M$550M$600M 202220232024 $406M $564M ▲ +38.8%
Total plan assets by year, all Hobby Lobby Stores, Inc. plans on file
Year Plans Participants Total Assets
2022 1 26,243 $406M
2023 1 30,313 $487M
2024 1 29,560 $564M

Nearby 401(k) Plans in Oklahoma

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

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group vs. nearby 401(k) plans in Oklahoma, assets vs. participants

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group vs. nearby 401(k) plans in Oklahoma, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 0123456 Total assets ($B) Participants Savings Incentive an…Quiktrip Corporation…The Williams Investm…Oneok, Inc. 401(k) P…Bok Financial 401(k)…Devon Energy Corpora…
Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group vs. nearby 401(k) plans in Oklahoma, assets vs. participants

Scale composition for Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group

Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group reports $564M in end-of-year assets across 29,560 participants (0.005% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.031% of 93,925,755 covered participants) - about $19,072 per participant (14% of the national average assets-per-participant) . Net income for plan year 2024 was $77M.

This plan identity (EIN 731032203, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $406M to $564M (+38.8%) while covered participants moved from 26,243 to 29,560 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 26,243 $406M Open filing
2023 30,313 $487M Open filing
2024 · index core 29,560 $564M This page

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group by total assets, not by location.

Frequently Asked Questions

How did Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group assets move in 2024?
Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group grew sharply - up 15.7% during 2024, from $487M to $564M. Reported net income was $77M.
How have Hobby Lobby Stores, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hobby Lobby Stores, Inc.'s sponsor-wide assets grew 38.8%, from $406M to $564M.
Where does Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group rank by assets among Form 5500 filers?
Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group?
Among 401(k) plans in other states, the closest by assets is Danfoss USA Savings Plan in IA ($564M, 3,478 participants).

Next read for Savings Incentive and Profit Sharing Pla…

Filing takeaways

Ways to act on Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group's numbers.

  • By total assets, Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Oklahoma. Compare plans
  • Hobby Lobby Stores, Inc.'s sponsor-wide assets have grown 38.8% since 2022 across 3 plan years on file. More Retail Trade plans