401(k) · DOL Form 5500 · 2024

Hamel Builders, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
149
Participants Small participant base
65th
Percentile by assets National rank
$104,614
Avg per participant Below avg balance/head
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Official DOL plan name: Hamel Group 401(k) Profit Sharing Plan · Sponsored by Hamel Builders, Inc. · Maryland · Construction

$16M in assets, 149 participants

Hamel Builders, Inc.'s Hamel Group 401(k) Profit Sharing Plan reported $16M in total assets and 149 participants in its 2024 DOL Form 5500 filing, ranking in the 65th 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.

  • #5,786 in Construction (9,039 peers)

Coverage in Maryland

Hamel Group 401(k) Profit Sharing Plan covers 149 participants in Maryland, about 16% of the average Maryland filer (state average ~929 per filing). Assets: $16M.

#5,786
in Construction (9,039 peers)
+14.2%
assets growth YoY

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

Hamel Group 401(k) Profit Sharing Plan vs every filed plan by assets

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

$15,587,430 Top 35% higher than 65% 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

Hamel Group 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. Hamel Group 401(k) Profit Sharing Plan sits mid-pack in the medium band (149 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hamel Group 401(k) Profit Sharing Plan reported participants rose from 118 in the plan year 2023 filing to 149 in the plan year 2024 filing.
  • Hamel Group 401(k) Profit Sharing Plan end-of-year assets rose from $14M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Hamel Group 401(k) Profit Sharing Plan reported net income rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 522110508 · Hamel Builders, Inc. PY 2024 · 401(k)

Hamel Group 401(k) Profit Sharing Plan · $16M · 149 · 65th

  • IND $16M
  • EOY 149
  • 5500 65th
  • ASSETS 401(k)
  • PCT near Mcneill PLLC 401(k) Plan
  • EIN ind #5786

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 Maryland →

Hamel Group 401(k) Profit Sharing Plan in the asset neighbourhood

Hamel Group 401(k) Profit Sharing PlanHamel Group 401(k) Profit Sh…$16MMcneill PLLC 401(k) Plan$16MMiddleground Management LP 401(k) PlanMiddleground Management LP 4…$16MStrohm Ballweg, LLP Retirement Savings PlanStrohm Ballweg, LLP Retireme…$16MMedtrials, Inc. 401(k) Profit Sharing PlanMedtrials, Inc. 401(k) Profi…$16M
End-of-year total assets ($M) among Hamel Group 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Maryland filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$16M
Net Income$2M
Employer EIN522110508
Plan Effective Date1989-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hamel Builders, Inc.)

Sponsor-wide plan assets over time

All Hamel Builders, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 31.266415217894384% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $11.9M $15.6M ▲ +31.3%
Year Plans Participants Total Assets
2022 1 111 $12M
2023 1 118 $14M
2024 1 149 $16M

Nearby 401(k) Plans in Maryland

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

Hamel Group 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Hamel Group 401(k) Profit Sharing Plan, Total assets ($B): 0.01558743 · Participants: 149Hamel Group 401(k) Profit Sharing PlanLockheed Martin Corporation Salaried Savings Plan, Total assets ($B): 51.448624264 · Participants: 96812Lockheed Martin Corporation Salaried Savings PlanMarriott Retirement Savings Plan, Total assets ($B): 11.712016434 · Participants: 101417Marriott Retirement Savings PlanT. Rowe Price U.S. Retirement Program, Total assets ($B): 4.948487009 · Participants: 6639T. Rowe Price U.S. Retirement ProgramNfl Player Second Career Savings Plan, Total assets ($B): 4.08462816 · Participants: 2771Nfl Player Second Career Savings PlanLockheed Martin Corporation Performance Sharing Plan for Bargaining Employees, Total assets ($B): 2.987191008 · Participants: 18370Lockheed Martin Corporation Performance Sharing Plan for Bargaining Employees
Hamel Group 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Maryland, assets vs. participants
Compare Hamel Group 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Maryland, the nearest 401(k) by assets is Mcneill PLLC 401(k) Plan in PA ($16M); by covered participants it is Tier1 Integrity, LLC 401(k) Plan in TX (149 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($16M here).

Similar participant headcount

Nearest other-state filings by covered participants (149 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 Hamel Group 401(k) Profit Sharing Plan assets move in 2024? ▼
Hamel Group 401(k) Profit Sharing Plan grew at a solid clip - up 14.2% during 2024, from $14M to $16M. Reported net income was $2M.
How have Hamel Builders, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hamel Builders, Inc.'s sponsor-wide assets grew 31.3%, from $12M to $16M.
Which 401(k) plans are similar in size to Hamel Group 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Mcneill PLLC 401(k) Plan in PA ($16M, 62 participants).
Which 401(k) plans cover a similar participant headcount to Hamel Group 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tier1 Integrity, LLC 401(k) Plan in TX (149 participants, $646K 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 522110508.

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.