401(k) · DOL Form 5500 · 2024

Hoffman Transportation 401(k) Plan

Data updated 2026-08-11

$24M
Total assets
258
Participants
74th
Percentile by assets
$93,625
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Hoffman Transportation 401(k) Plan · Sponsored by Hoffman Transportation · Illinois · Transportation & Warehousing

$24M in assets, 258 participants

Hoffman Transportation's Hoffman Transportation 401(k) Plan reported $24M in total assets and 258 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • 74th percentile by assets (of 123,622 plans)
  • #2,428 in Transportation & Warehousing (3,299 peers)

Coverage in Illinois

Hoffman Transportation 401(k) Plan covers 258 participants in Illinois, about 33% of the average Illinois filer (state average ~779 per filing). Assets: $24M.

$24M
total plan assets (2024 EOY)
258
covered participants
74th
percentile by assets (of 123,622 plans)
$93,625
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hoffman Transportation 401(k) Plan end-of-year assets rose from $21M in the plan year 2023 filing to $24M in the plan year 2024 filing.
  • Hoffman Transportation 401(k) Plan reported net income rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Hoffman Transportation 401(k) Plan reports 258 participants - about 33% of that state average ($24M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$24M
Net Income$4M
Employer EIN363079839
Plan Effective Date1994-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hoffman Transportation)

$15M$20M$25M 202220232024 $17.1M $24.2M ▲ +41.5%
Total plan assets by year, all Hoffman Transportation plans on file
Year Plans Participants Total Assets
2022 1 251 $17M
2023 1 256 $21M
2024 1 258 $24M

Nearby 401(k) Plans in Illinois

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

Hoffman Transportation 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Hoffman Transportation 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Hoffman Transportati…Accenture United Sta…State Farm 401(k) Sa…United Airlines Pilo…Abbott Laboratories …Walgreens Retirement…
Hoffman Transportation 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hoffman Transportation 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Hoffman Transportation 401(k) Plan assets move in 2024?
Hoffman Transportation 401(k) Plan grew sharply - up 17.6% during 2024, from $21M to $24M. Reported net income was $4M.
How have Hoffman Transportation plan assets changed over time?
Across 3 plan years on file (2022-2024), Hoffman Transportation's sponsor-wide assets grew 41.5%, from $17M to $24M.
Which 401(k) plans are similar in size to Hoffman Transportation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Scott Equipment Company Employees 401(k) Profit Sharing Plan in MN ($24M, 164 participants).

Filing takeaways

Ways to act on Hoffman Transportation 401(k) Plan's numbers.