401(k) Β· DOL Form 5500 Β· 2024

Hainjes Inc Employee Profit Sharing Stock Ownership Plan

Data updated 2026-05-15

$4M
Total assets
16
Participants
37th
Percentile by assets
$234,780
Avg per participant

Sponsored by HAINJES Β· Alabama Β· Retail Trade

What the 2024 filing shows

Hainjes Inc Employee Profit Sharing Stock Ownership Plan holds $4M for 16 participants - about $234,780 per participant, in the lower half of filed plans by assets, down 17.9% over the 2024 plan year.

$4M
total plan assets (2024 EOY)
16
covered participants
37th
percentile by assets (of 116,472 plans)
$234,780
avg assets per participant

The plan reported a net loss of $989K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry
Retail Trade

401(k) Β· DOL Form 5500 Β· 2024

What the Filing Says About Hainjes Inc Employee Profit Sharing Stock Ownership Plan

Hainjes Inc Employee Profit Sharing Stock Ownership Plan is a 401(k) retirement plan sponsored by HAINJES, headquartered in Alabama. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $4M in total end-of-year assets and covers 16 participants across the Retail Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 630244180, and the plan has been effective since 1957-12-31. Its filing status is currently FILING RECEIVED.

Year over year, total assets declined sharply from $5M at the beginning of 2024 to $4M at year-end - down 17.9%. Net assets (after liabilities) closed the year at $3M, with reported net income of -$989K 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 HAINJES has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $7M to $4M, a decline of 43.0%, while reported participants moved from 19 to 16 (-15.8%). The strongest year on file by total sponsor assets was 2022 at $7M; the softest was 2024 at $4M. Year-by-year, sponsor-wide filings show: 2022 - $7M in assets across 1 plan covering 19 participants; 2023 - $5M in assets across 1 plan covering 18 participants; 2024 - $4M in assets across 1 plan covering 16 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 Hainjes Inc Employee Profit Sharing Stock Ownership 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)$5M
Total Assets (End of Year)$4M
Net Assets (End of Year)$3M
Net Income-$989K
Plan Type401(k)
Employer EIN630244180
Plan Effective Date1957-12-31
Filing StatusFILING RECEIVED

Sponsor Plan History (HAINJES)

Year Plans Participants Total Assets
2022 1 19 $7M
2023 1 18 $5M
2024 1 16 $4M

Nearby 401(k) Plans in Alabama

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

Frequently Asked Questions

How much money is in the Hainjes Inc Employee Profit Sharing Stock Ownership Plan?
As of the 2024 Form 5500 filing, Hainjes Inc Employee Profit Sharing Stock Ownership Plan holds $4M in total assets with 16 participants. It is sponsored by HAINJES.
What type of plan is Hainjes Inc Employee Profit Sharing Stock Ownership Plan?
Hainjes Inc Employee Profit Sharing Stock Ownership Plan is a 401(k) plan. It has been effective since 1957-12-31. The plan is filed with the U.S. Department of Labor under EIN 630244180.
Who sponsors the Hainjes Inc Employee Profit Sharing Stock Ownership Plan?
Hainjes Inc Employee Profit Sharing Stock Ownership Plan is sponsored by HAINJES, located in Alabama. The sponsor's EIN is 630244180 and the plan operates in the Retail Trade industry.
How did Hainjes Inc Employee Profit Sharing Stock Ownership Plan perform in 2024?
Hainjes Inc Employee Profit Sharing Stock Ownership Plan declined sharply - down 17.9% during 2024, moving from $5M to $4M in total assets. Net income was -$989K.

What this filing means

Ways to act on Hainjes Inc Employee Profit Sharing Stock Ownership Plan's numbers.

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 630244180.

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.