401(k) · DOL Form 5500 · 2024

Hughes & Smith, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
121
Participants Small participant base
61st
Percentile by assets National rank
$106,846
Avg per participant Below avg balance/head
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Official DOL plan name: The Hughes 401(k) Profit Sharing Plan · Sponsored by Hughes & Smith, Inc. · Virginia · Construction

$13M in assets, 121 participants

Hughes & Smith, Inc.'s The Hughes 401(k) Profit Sharing Plan reported $13M in total assets and 121 participants in its 2024 DOL Form 5500 filing, ranking in the 61st 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.

  • #5,400 in Construction (9,039 peers)

Coverage in Virginia

The Hughes 401(k) Profit Sharing Plan covers 121 participants in Virginia, about 15% of the average Virginia filer (state average ~782 per filing). Assets: $13M.

#5,400
in Construction (9,039 peers)
+15.9%
assets growth YoY

The Hughes 401(k) Profit Sharing Plan's mid-pack asset rank among Construction and all filers

The Hughes 401(k) Profit Sharing Plan vs every filed plan by assets

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

$12,928,338 Top 39% higher than 61% 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

The Hughes 401(k) Profit Sharing 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. The Hughes 401(k) Profit Sharing Plan sits mid-pack in the medium band (121 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Hughes 401(k) Profit Sharing Plan reported net income rose from $1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • The Hughes 401(k) Profit Sharing Plan end-of-year assets rose from $11M in the plan year 2023 filing to $13M in the plan year 2024 filing.
  • The Hughes 401(k) Profit Sharing Plan reported participants rose from 119 in the plan year 2023 filing to 121 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 540756452 · Hughes & Smith, Inc. PY 2024 · 401(k)

The Hughes 401(k) Profit Sharing Plan · $13M · 121 · 61st

  • PHOTO $13M
  • PHOTO 121
  • PHOTO 61st
  • PHOTO 401(k)
  • PHOTO near The Interflex Group, Inc. 401(k) Plan
  • PHOTO ind #5400

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 Construction retirement plans → · Plans in Virginia →

The Hughes 401(k) Profit Sharing Plan in the asset neighbourhood

The Hughes 401(k) Profit Sharing PlanThe Hughes 401(k) Profit Sha…$13MThe Interflex Group, Inc. 401(k) PlanThe Interflex Group, Inc. 40…$13MNorthstar Recycling Company, LLC 401(k) PlanNorthstar Recycling Company,…$13MMotor City 401(k) Savings & Investment PlanMotor City 401(k) Savings & …$13MLummus Corporation Employees 401(k) PlanLummus Corporation Employees…$13M
End-of-year total assets ($M) among The Hughes 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
Net Income$2M
Employer EIN540756452
Plan Effective Date1981-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hughes & Smith, Inc.)

Sponsor-wide plan assets over time

All Hughes & Smith, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$13M 27.846525682506872% vs 2022
2024 filing year
$9M$10M$11M$12M$13M$14M 202220232024 $10.1M $12.9M ▲ +27.9%
Year Plans Participants Total Assets
2022 1 117 $10M
2023 1 119 $11M
2024 1 121 $13M

Nearby 401(k) Plans in Virginia

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

The Hughes 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants The Hughes 401(k) Profit Sharing Plan, Total assets ($B): 0.012928338 · Participants: 121The Hughes 401(k) Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement Plan
The Hughes 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare The Hughes 401(k) Profit Sharing Plan side-by-side with 3 peers →

The Hughes 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is The Interflex Group, Inc. 401(k) Plan in NC ($13M); by covered participants it is Mwg Holdings Group, Inc. 401(k) Plan in CA (121 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (121 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 The Hughes 401(k) Profit Sharing Plan assets move in 2024? ▼
The Hughes 401(k) Profit Sharing Plan grew sharply - up 15.9% during 2024, from $11M to $13M. Reported net income was $2M.
How have Hughes & Smith, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hughes & Smith, Inc.'s sponsor-wide assets grew 27.8%, from $10M to $13M.
Which 401(k) plans are similar in size to The Hughes 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Interflex Group, Inc. 401(k) Plan in NC ($13M, 214 participants).
Which 401(k) plans cover a similar participant headcount to The Hughes 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mwg Holdings Group, Inc. 401(k) Plan in CA (121 participants, $104K 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 540756452.

Read our methodology - how this data is sourced, computed, and verified.

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