401(k) · DOL Form 5500 · 2024
Hoffman & Hoffman, Inc. 401(k) Plan
Data updated 2026-08-25
- $406M
- Total assets Above avg plan size
- 826
- Participants Near avg headcount
- 97th
- Percentile by assets National rank
- $491,764
- Avg per participant High balance/head
Official DOL plan name: Hoffman Hoffman Inc Employee Stock Ownership Plan · Sponsored by Hoffman & Hoffman, Inc. · North Carolina · Professional & Technical Services
$406M in assets, 826 participants
Hoffman & Hoffman, Inc.'s Hoffman Hoffman Inc Employee Stock Ownership Plan reported $406M in total assets and 826 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.
- #19,686 in Professional & Technical Services (20,173 peers)
Where Hoffman Hoffman Inc Employee Stock Ownership Plan sits by assets
Hoffman Hoffman Inc Employee Stock Ownership Plan sits in the top 5% of all filed plans by assets, $406M for 826 participants (~$491,764/participant), up 54.4% in 2024.
- #19,686
- in Professional & Technical Services (20,173 peers)
- +54.4%
- assets growth YoY
- 4.1×
- vs typical plan assets (national mean)
Hoffman Hoffman Inc Employee Stock Ownership Plan's outsized position by total assets
Hoffman Hoffman Inc Employee Stock Ownership Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$406,197,121 Top 3% higher than 97% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Hoffman Hoffman Inc Employee Stock Ownership 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 Hoffman Inc Employee Stock Ownership Plan sits mid-pack in the medium band (826 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Hoffman Hoffman Inc Employee Stock Ownership Plan reported net income rose from $52M in the plan year 2023 filing to $141M in the plan year 2024 filing.
- Hoffman Hoffman Inc Employee Stock Ownership Plan end-of-year assets rose from $263M in the plan year 2023 filing to $406M in the plan year 2024 filing.
- Hoffman Hoffman Inc Employee Stock Ownership Plan reported participants rose from 675 in the plan year 2023 filing to 826 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 560667189 · Hoffman & Hoffman, Inc. PY 2024 · 401(k)
Hoffman Hoffman Inc Employee Stock Ownership Plan · $406M · 826 · 97th
- EBSA $406M
- PART 826
- TYPE 97th
- NET 401(k)
- BOOK near Carestream Health, Inc. Retirement Savings Plan
- VS-ST ind #19686
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 Professional & Technical Services retirement plans → · Plans in North Carolina →
Hoffman Hoffman Inc Employee Stock Ownership Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $263M |
|---|---|
| Net Assets (End of Year) | $389M |
| Net Income | $141M |
| Employer EIN | 560667189 |
| Plan Effective Date | 1966-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Hoffman & Hoffman, Inc.)
Sponsor-wide plan assets over time
All Hoffman & Hoffman, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $406M 91.18528804567013% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 579 | $212M |
| 2023 | 1 | 675 | $263M |
| 2024 | 1 | 826 | $406M |
Nearby 401(k) Plans in North Carolina
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- The Bank of America 401(k) Plan $62.9B · 168,963
- Honeywell 401(k) Plan $16.3B · 39,468
- Duke Energy Retirement Savings Plan $11.3B · 27,341
- Nucor Corporation Profit Sharing and Retirement Savings Plan $9.3B · 27,070
- Truist Financial Corporation 401(k) Savings Plan $9.2B · 52,699
Hoffman Hoffman Inc Employee Stock Ownership Plan's out-of-state 401(k) peers by assets and headcount
Outside North Carolina, the nearest 401(k) by assets is Carestream Health, Inc. Retirement Savings Plan in NY ($406M); by covered participants it is Denali Universal Services 401(k) Retirement Plan in AK (826 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($406M here).
- Carestream Health, Inc. Retirement Savings Plan (NY) $406M · 1,328
- The Safe Harbor 401(k) Plan (NY) $406M · 2,055
- Co-Op Pension Plan (TN) $406M · 3,312
- Wiss, Janney, Elstner Associates, Inc. 401(k) Plan (IL) $406M · 821
Similar participant headcount
Nearest other-state filings by covered participants (826 participants); asset peers above are excluded.
- Denali Universal Services 401(k) Retirement Plan (AK) 826 · 0 off
- Great Southern Bancorp, Inc. 401(k) Plan (MO) 826 · 0 off
- Amli Residential Properties 401(k) Plan (IL) 826 · 0 off
- Recovery Innovations, Inc. 401(k) Plan (AZ) 826 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.