401(k) · DOL Form 5500 · 2024

H Mart Inc. 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
3,972
Participants Above avg headcount
73rd
Percentile by assets National rank
$5,720
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: H Mart 401(k) Plan · Sponsored by H Mart Inc. · New Jersey · Retail Trade

$23M in assets, 3,972 participants

H Mart Inc.'s H Mart 401(k) Plan reported $23M in total assets and 3,972 participants in its 2024 DOL Form 5500 filing, ranking in the 73rd 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.

  • #6,655 in Retail Trade (8,048 peers)

Coverage in New Jersey

H Mart 401(k) Plan covers 3,972 participants in New Jersey, 4.7x the typical New Jersey plan (state average ~844 per filing). Assets: $23M.

#6,655
in Retail Trade (8,048 peers)
+65.1%
assets growth YoY

H Mart 401(k) Plan's outsized position by total assets

H Mart 401(k) Plan vs every filed plan by assets

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

$22,719,226 Top 27% higher than 73% 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

H Mart 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. H Mart 401(k) Plan lands in the large band (3,972 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • H Mart 401(k) Plan end-of-year assets rose from $14M in the plan year 2023 filing to $23M in the plan year 2024 filing.
  • H Mart 401(k) Plan reported participants rose from 3,330 in the plan year 2023 filing to 3,972 in the plan year 2024 filing.
  • H Mart 401(k) Plan reported net income rose from $8M in the plan year 2023 filing to $9M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 263957673 · H Mart Inc. PY 2024 · 401(k)

H Mart 401(k) Plan · $23M · 3,972 · 73rd

  • NET $23M
  • NET 3,972
  • NET 73rd
  • NET 401(k)
  • NET near Shorelight Retirement Plan
  • NET ind #6655

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 Retail Trade retirement plans → · Plans in New Jersey →

H Mart 401(k) Plan in the asset neighbourhood

H Mart 401(k) Plan$23MShorelight Retirement Plan$23MPss Companies 401(k) Plan$23MJ Ranck Electric, Inc. Employees' Profit Sharing PlanJ Ranck Electric, Inc. Emplo…$23MLiferay, Inc. 401(k) Profit Sharing PlanLiferay, Inc. 401(k) Profit …$23M
End-of-year total assets ($M) among H Mart 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

New Jersey filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$23M
Net Income$9M
Employer EIN263957673
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (H Mart Inc.)

Sponsor-wide plan assets over time

All H Mart Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$23M 301.90070839182056% vs 2022
2024 filing year
$0M$10M$20M$30M 202220232024 $5.65M $22.7M ▲ +302.1%
Year Plans Participants Total Assets
2022 1 3,295 $6M
2023 1 3,330 $14M
2024 1 3,972 $23M

Nearby 401(k) Plans in New Jersey

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

H Mart 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -200204060 Total assets ($B) Participants H Mart 401(k) Plan, Total assets ($B): 0.022719226 · Participants: 3972H Mart 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 52.9134575 · Participants: 185532JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 29.376133902 · Participants: 69218Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 23.58476515 · Participants: 42583Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 18.327167732 · Participants: 56714Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 14.970916966 · Participants: 27956Merck US Savings Plan
H Mart 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

H Mart 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Shorelight Retirement Plan in MA ($23M); by covered participants it is US Fitness Holdings, LLC 401(k) Profit Sharing Plan in VA (3,971 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($23M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,972 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 H Mart 401(k) Plan assets move in 2024?
H Mart 401(k) Plan surged - up 65.1% during 2024, from $14M to $23M. Reported net income was $9M.
How have H Mart Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), H Mart Inc.'s sponsor-wide assets grew 301.9%, from $6M to $23M.
Which 401(k) plans are similar in size to H Mart 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Shorelight Retirement Plan in MA ($23M, 231 participants).
Which 401(k) plans cover a similar participant headcount to H Mart 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is US Fitness Holdings, LLC 401(k) Profit Sharing Plan in VA (3,971 participants, N/A in assets).