401(k) · DOL Form 5500 · 2024

Hoffman Enterprises 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
419
Participants Below avg headcount
77th
Percentile by assets National rank
$70,565
Avg per participant Below avg balance/head
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Official DOL plan name: Hoffman Enterprises 401(k) Savings Plan · Sponsored by Hoffman Enterprises · Connecticut · Retail Trade

$30M in assets, 419 participants

Hoffman Enterprises's Hoffman Enterprises 401(k) Savings Plan reported $30M in total assets and 419 participants in its 2024 DOL Form 5500 filing, ranking in the 77th 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.

  • #6,924 in Retail Trade (8,048 peers)

Where Hoffman Enterprises 401(k) Savings Plan sits by assets

Hoffman Enterprises 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $30M for 419 participants (~$70,565/participant), up 13.8% in 2024.

#6,924
in Retail Trade (8,048 peers)
+13.8%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Hoffman Enterprises 401(k) Savings Plan's outsized position by total assets

Hoffman Enterprises 401(k) Savings Plan vs every filed plan by assets

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

$29,566,716 Top 23% higher than 77% 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

Hoffman Enterprises 401(k) Savings 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. Hoffman Enterprises 401(k) Savings Plan sits mid-pack in the medium band (419 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hoffman Enterprises 401(k) Savings Plan end-of-year assets rose from $26M in the plan year 2023 filing to $30M in the plan year 2024 filing.
  • Hoffman Enterprises 401(k) Savings Plan reported participants rose from 408 in the plan year 2023 filing to 419 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 061012275 · Hoffman Enterprises PY 2024 · 401(k)

Hoffman Enterprises 401(k) Savings Plan · $30M · 419 · 77th

  • EOY $30M
  • 5500 419
  • ASSETS 77th
  • PCT 401(k)
  • EIN near Krohn Clinic, Ltd. 401(k) Profit Sharing Plan
  • RANK ind #6924

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 Connecticut →

Hoffman Enterprises 401(k) Savings Plan in the asset neighbourhood

Hoffman Enterprises 401(k) Savings PlanHoffman Enterprises 401(k) S…$30MKrohn Clinic, Ltd. 401(k) Profit Sharing PlanKrohn Clinic, Ltd. 401(k) Pr…$30MContinental Real Estate Companies Retirement PlanContinental Real Estate Comp…$30MIpc International, Inc. Retirement PlanIpc International, Inc. Reti…$30MInternational Union of Operating Engineers Local 877 Annuity FundInternational Union of Opera…$30M
End-of-year total assets ($M) among Hoffman Enterprises 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$30M
Net Income$4M
Employer EIN061012275
Plan Effective Date1995-02-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hoffman Enterprises)

Sponsor-wide plan assets over time

All Hoffman Enterprises plans reported in each filing year

Latest sponsor-wide plan assets
$30M 31.80562693776795% vs 2022
2024 filing year
$20M$25M$30M$35M 202220232024 $22.4M $29.6M ▲ +31.8%
Year Plans Participants Total Assets
2022 1 383 $22M
2023 1 408 $26M
2024 1 419 $30M

Nearby 401(k) Plans in Connecticut

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

Hoffman Enterprises 401(k) Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Hoffman Enterprises 401(k) Savings Plan, Total assets ($B): 0.029566716 · Participants: 419Hoffman Enterprises 401(k) Savings PlanRtx Savings Plan, Total assets ($B): 58.647425 · Participants: 124876Rtx Savings PlanCiti Retirement Savings Plan, Total assets ($B): 23.241033081 · Participants: 78741Citi Retirement Savings PlanThe Hartford Investment and Savings Plan, Total assets ($B): 7.183243 · Participants: 18614The Hartford Investment and Savings PlanEversource 401(k) Plan, Total assets ($B): 4.046347175 · Participants: 10041Eversource 401(k) PlanXerox Corporation Savings Plan, Total assets ($B): 3.976943 · Participants: 9876Xerox Corporation Savings Plan
Hoffman Enterprises 401(k) Savings Plan vs. nearby 401(k) plans in Connecticut, assets vs. participants

Hoffman Enterprises 401(k) Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Connecticut, the nearest 401(k) by assets is Krohn Clinic, Ltd. 401(k) Profit Sharing Plan in WI ($30M); by covered participants it is Bayer Built Woodworks, Inc. Retirement Plan in MN (419 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (419 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 Hoffman Enterprises 401(k) Savings Plan assets move in 2024?
Hoffman Enterprises 401(k) Savings Plan grew at a solid clip - up 13.8% during 2024, from $26M to $30M. Reported net income was $4M.
How have Hoffman Enterprises plan assets changed over time?
Across 3 plan years on file (2022-2024), Hoffman Enterprises's sponsor-wide assets grew 31.8%, from $22M to $30M.
Where does Hoffman Enterprises 401(k) Savings Plan rank by assets among Form 5500 filers?
Hoffman Enterprises 401(k) Savings Plan ranks in the 77th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Hoffman Enterprises 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Krohn Clinic, Ltd. 401(k) Profit Sharing Plan in WI ($30M, 90 participants).
Which 401(k) plans cover a similar participant headcount to Hoffman Enterprises 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Bayer Built Woodworks, Inc. Retirement Plan in MN (419 participants, $43M in assets).