Profit Sharing · DOL Form 5500 · 2024

Hubbell Caribe Limited Profit Sharing Plan

Data updated 2026-08-06

$25M
Total assets
553
Participants
75th
Percentile by assets
$45,946
Avg per participant
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Official DOL plan name: Hubbell Caribe,Inc. Employees' Retirement Plan · Sponsored by Hubbell Caribe Limited · Connecticut · Manufacturing

$25M in assets, 553 participants

Hubbell Caribe Limited's Hubbell Caribe,Inc. Employees' Retirement Plan reported $25M in total assets and 553 participants in its 2024 DOL Form 5500 filing, ranking in the 75th 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.

  • 75th percentile by assets (of 116,472 plans)

Where Hubbell Caribe,Inc. Employees' Retirement Plan sits by assets

Hubbell Caribe,Inc. Employees' Retirement Plan sits in the top quartile of all filed plans by assets, $25M for 553 participants (~$45,946/participant), up 11.8% in 2024.

$25M
total plan assets (2024 EOY)
553
covered participants
75th
percentile by assets (of 116,472 plans)
$45,946
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hubbell Caribe,Inc. Employees' Retirement Plan reported net income rose from $2M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Hubbell Caribe,Inc. Employees' Retirement Plan reported participants fell from 654 in the plan year 2023 filing to 553 in the plan year 2024 filing.
  • Hubbell Caribe,Inc. Employees' Retirement Plan end-of-year assets rose from $23M in the plan year 2023 filing to $25M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Hubbell Caribe,Inc. Employees' Retirement Plan vs the 2024 asset distribution

By assets, Hubbell Caribe,Inc. Employees' Retirement Plan outranks 75% of the 116,472 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 0.3x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$25M
Net Income$3M
Employer EIN980470569
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hubbell Caribe Limited)

$20M$22M$24M$26M 202220232024 $20.8M $25.4M â–˛ +22.3%
Total plan assets by year, all Hubbell Caribe Limited plans on file
Year Plans Participants Total Assets
2022 1 594 $21M
2023 1 654 $23M
2024 1 553 $25M

Nearby Profit Sharing Plans in Connecticut

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Hubbell Caribe,Inc. Employees' Retirement Plan vs. nearby Profit Sharing plans in Connecticut, assets vs. participants

Hubbell Caribe,Inc. Employees' Retirement Plan vs. nearby Profit Sharing plans in Connecticut, assets vs. participants Scatter plot of 6 data points. 050001000015000 -0.500.511.5 Total assets ($B) Participants Hubbell Caribe,Inc. …North Atlantic State…Connecticut Children…Connecticut Laborers…Bridgeport Hospital …Ons Savings Plan
Hubbell Caribe,Inc. Employees' Retirement Plan vs. nearby Profit Sharing plans in Connecticut, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Hubbell Caribe,Inc. Employees' Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Hubbell Caribe,Inc. Employees' Retirement Plan assets move in 2024?
Hubbell Caribe,Inc. Employees' Retirement Plan grew at a solid clip - up 11.8% during 2024, from $23M to $25M. Reported net income was $3M.
How have Hubbell Caribe Limited plan assets changed over time?
Across 3 plan years on file (2022-2024), Hubbell Caribe Limited's sponsor-wide assets grew 22.3%, from $21M to $25M.
Where does Hubbell Caribe,Inc. Employees' Retirement Plan rank by assets among Form 5500 filers?
Hubbell Caribe,Inc. Employees' Retirement Plan ranks in the 75th percentile by end-of-year assets among 116,472 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Profit Sharing plans are similar in size to Hubbell Caribe,Inc. Employees' Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is I.B.E.W. Local 139 Annuity Plan in NY ($25M, 220 participants).

Next read for Hubbell Caribe,Inc. Employees' Retiremen…

Scale reading

Ways to act on Hubbell Caribe,Inc. Employees' Retirement 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 980470569.

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