Hobbs & Associates Inc.
Plan context: Hobbs 401K Profit Sharing Plan
EIN 54-1325478 • Norfolk, VA • 24 filings • 3 plans
Current Snapshot
Latest Year
2023
2023 Participants
229
2023 Assets
$8,757,651
2023 Contributions
$2,231,918
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2023 | 1 | 229 | $8,757,651 | $2,231,918 | $9,746iApproximate average salary by contribution assumption: employee only about $243,659 at 4% or $162,439 at 6%; with 50% employer match about $162,439 at 4% or $108,293 at 6%; with 100% employer match about $121,830 at 4% or $81,220 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 229 | $8,757,651 | $2,231,918 | $9,746iApproximate average salary by contribution assumption: employee only about $243,659 at 4% or $162,439 at 6%; with 50% employer match about $162,439 at 4% or $108,293 at 6%; with 100% employer match about $121,830 at 4% or $81,220 at 6%. |
| 2022 | 1 | 153 | $5,536,608 | $1,284,904 | $8,398iApproximate average salary by contribution assumption: employee only about $209,952 at 4% or $139,968 at 6%; with 50% employer match about $139,968 at 4% or $93,312 at 6%; with 100% employer match about $104,976 at 4% or $69,984 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 153 | $5,536,608 | $1,284,904 | $8,398iApproximate average salary by contribution assumption: employee only about $209,952 at 4% or $139,968 at 6%; with 50% employer match about $139,968 at 4% or $93,312 at 6%; with 100% employer match about $104,976 at 4% or $69,984 at 6%. |
| 2021 | 1 | 84 | $6,210,519 | $810,060 | $9,644iApproximate average salary by contribution assumption: employee only about $241,089 at 4% or $160,726 at 6%; with 50% employer match about $160,726 at 4% or $107,151 at 6%; with 100% employer match about $120,545 at 4% or $80,363 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 84 | $6,210,519 | $810,060 | $9,644iApproximate average salary by contribution assumption: employee only about $241,089 at 4% or $160,726 at 6%; with 50% employer match about $160,726 at 4% or $107,151 at 6%; with 100% employer match about $120,545 at 4% or $80,363 at 6%. |
| 2020 | 1 | 82 | $4,981,275 | $564,908 | $6,889iApproximate average salary by contribution assumption: employee only about $172,228 at 4% or $114,819 at 6%; with 50% employer match about $114,819 at 4% or $76,546 at 6%; with 100% employer match about $86,114 at 4% or $57,409 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 82 | $4,981,275 | $564,908 | $6,889iApproximate average salary by contribution assumption: employee only about $172,228 at 4% or $114,819 at 6%; with 50% employer match about $114,819 at 4% or $76,546 at 6%; with 100% employer match about $86,114 at 4% or $57,409 at 6%. |
| 2019 | 1 | 66 | $4,654,854 | $585,066 | $8,865iApproximate average salary by contribution assumption: employee only about $221,616 at 4% or $147,744 at 6%; with 50% employer match about $147,744 at 4% or $98,496 at 6%; with 100% employer match about $110,808 at 4% or $73,872 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 66 | $4,654,854 | $585,066 | $8,865iApproximate average salary by contribution assumption: employee only about $221,616 at 4% or $147,744 at 6%; with 50% employer match about $147,744 at 4% or $98,496 at 6%; with 100% employer match about $110,808 at 4% or $73,872 at 6%. |
| 2018 | 1 | 60 | $3,803,244 | $572,544 | $9,542iApproximate average salary by contribution assumption: employee only about $238,560 at 4% or $159,040 at 6%; with 50% employer match about $159,040 at 4% or $106,027 at 6%; with 100% employer match about $119,280 at 4% or $79,520 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 60 | $3,803,244 | $572,544 | $9,542iApproximate average salary by contribution assumption: employee only about $238,560 at 4% or $159,040 at 6%; with 50% employer match about $159,040 at 4% or $106,027 at 6%; with 100% employer match about $119,280 at 4% or $79,520 at 6%. |
| 2017 | 1 | 51 | $3,604,639 | $460,895 | $9,037iApproximate average salary by contribution assumption: employee only about $225,929 at 4% or $150,619 at 6%; with 50% employer match about $150,619 at 4% or $100,413 at 6%; with 100% employer match about $112,964 at 4% or $75,310 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 51 | $3,604,639 | $460,895 | $9,037iApproximate average salary by contribution assumption: employee only about $225,929 at 4% or $150,619 at 6%; with 50% employer match about $150,619 at 4% or $100,413 at 6%; with 100% employer match about $112,964 at 4% or $75,310 at 6%. |
| 2016 | 1 | 48 | $2,964,578 | $406,770 | $8,474iApproximate average salary by contribution assumption: employee only about $211,859 at 4% or $141,240 at 6%; with 50% employer match about $141,240 at 4% or $94,160 at 6%; with 100% employer match about $105,930 at 4% or $70,620 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 48 | $2,964,578 | $406,770 | $8,474iApproximate average salary by contribution assumption: employee only about $211,859 at 4% or $141,240 at 6%; with 50% employer match about $141,240 at 4% or $94,160 at 6%; with 100% employer match about $105,930 at 4% or $70,620 at 6%. |
| 2015 | 1 | 44 | $2,670,055 | $464,859 | $10,565iApproximate average salary by contribution assumption: employee only about $264,124 at 4% or $176,083 at 6%; with 50% employer match about $176,083 at 4% or $117,389 at 6%; with 100% employer match about $132,062 at 4% or $88,041 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 44 | $2,670,055 | $464,859 | $10,565iApproximate average salary by contribution assumption: employee only about $264,124 at 4% or $176,083 at 6%; with 50% employer match about $176,083 at 4% or $117,389 at 6%; with 100% employer match about $132,062 at 4% or $88,041 at 6%. |
| 2014 | 1 | 37 | $2,271,428 | $321,122 | $8,679iApproximate average salary by contribution assumption: employee only about $216,974 at 4% or $144,650 at 6%; with 50% employer match about $144,650 at 4% or $96,433 at 6%; with 100% employer match about $108,487 at 4% or $72,325 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 37 | $2,271,428 | $321,122 | $8,679iApproximate average salary by contribution assumption: employee only about $216,974 at 4% or $144,650 at 6%; with 50% employer match about $144,650 at 4% or $96,433 at 6%; with 100% employer match about $108,487 at 4% or $72,325 at 6%. |
| 2013 | 1 | 37 | $1,997,178 | $328,622 | $8,882iApproximate average salary by contribution assumption: employee only about $222,042 at 4% or $148,028 at 6%; with 50% employer match about $148,028 at 4% or $98,685 at 6%; with 100% employer match about $111,021 at 4% or $74,014 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 37 | $1,997,178 | $328,622 | $8,882iApproximate average salary by contribution assumption: employee only about $222,042 at 4% or $148,028 at 6%; with 50% employer match about $148,028 at 4% or $98,685 at 6%; with 100% employer match about $111,021 at 4% or $74,014 at 6%. |
| 2012 | 1 | 33 | $1,465,803 | $282,298 | $8,554iApproximate average salary by contribution assumption: employee only about $213,862 at 4% or $142,575 at 6%; with 50% employer match about $142,575 at 4% or $95,050 at 6%; with 100% employer match about $106,931 at 4% or $71,287 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 33 | $1,465,803 | $282,298 | $8,554iApproximate average salary by contribution assumption: employee only about $213,862 at 4% or $142,575 at 6%; with 50% employer match about $142,575 at 4% or $95,050 at 6%; with 100% employer match about $106,931 at 4% or $71,287 at 6%. |
| 2011 | 1 | 29 | $1,049,993 | $255,226 | $8,801iApproximate average salary by contribution assumption: employee only about $220,022 at 4% or $146,682 at 6%; with 50% employer match about $146,682 at 4% or $97,788 at 6%; with 100% employer match about $110,011 at 4% or $73,341 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 29 | $1,049,993 | $255,226 | $8,801iApproximate average salary by contribution assumption: employee only about $220,022 at 4% or $146,682 at 6%; with 50% employer match about $146,682 at 4% or $97,788 at 6%; with 100% employer match about $110,011 at 4% or $73,341 at 6%. |
| 2010 | 1 | 29 | $829,238 | $218,924 | $7,549iApproximate average salary by contribution assumption: employee only about $188,728 at 4% or $125,818 at 6%; with 50% employer match about $125,818 at 4% or $83,879 at 6%; with 100% employer match about $94,364 at 4% or $62,909 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 29 | $829,238 | $218,924 | $7,549iApproximate average salary by contribution assumption: employee only about $188,728 at 4% or $125,818 at 6%; with 50% employer match about $125,818 at 4% or $83,879 at 6%; with 100% employer match about $94,364 at 4% or $62,909 at 6%. |
| 2009 | 1 | 29 | $612,011 | $302,266 | $10,423iApproximate average salary by contribution assumption: employee only about $260,574 at 4% or $173,716 at 6%; with 50% employer match about $173,716 at 4% or $115,811 at 6%; with 100% employer match about $130,287 at 4% or $86,858 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 29 | $612,011 | $302,266 | $10,423iApproximate average salary by contribution assumption: employee only about $260,574 at 4% or $173,716 at 6%; with 50% employer match about $173,716 at 4% or $115,811 at 6%; with 100% employer match about $130,287 at 4% or $86,858 at 6%. |
| 2007 | 1 | 38 | $290,242 | $64,018 | $1,685iApproximate average salary by contribution assumption: employee only about $42,117 at 4% or $28,078 at 6%; with 50% employer match about $28,078 at 4% or $18,719 at 6%; with 100% employer match about $21,059 at 4% or $14,039 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 38 | $290,242 | $64,018 | $1,685iApproximate average salary by contribution assumption: employee only about $42,117 at 4% or $28,078 at 6%; with 50% employer match about $28,078 at 4% or $18,719 at 6%; with 100% employer match about $21,059 at 4% or $14,039 at 6%. |
| 2006 | 1 | 37 | $224,310 | $23,325 | $630iApproximate average salary by contribution assumption: employee only about $15,760 at 4% or $10,507 at 6%; with 50% employer match about $10,507 at 4% or $7,005 at 6%; with 100% employer match about $7,880 at 4% or $5,253 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 37 | $224,310 | $23,325 | $630iApproximate average salary by contribution assumption: employee only about $15,760 at 4% or $10,507 at 6%; with 50% employer match about $10,507 at 4% or $7,005 at 6%; with 100% employer match about $7,880 at 4% or $5,253 at 6%. |
| 2005 | 1 | 34 | $195,837 | $25,525 | $751iApproximate average salary by contribution assumption: employee only about $18,768 at 4% or $12,512 at 6%; with 50% employer match about $12,512 at 4% or $8,342 at 6%; with 100% employer match about $9,384 at 4% or $6,256 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 34 | $195,837 | $25,525 | $751iApproximate average salary by contribution assumption: employee only about $18,768 at 4% or $12,512 at 6%; with 50% employer match about $12,512 at 4% or $8,342 at 6%; with 100% employer match about $9,384 at 4% or $6,256 at 6%. |
| 2004 | 1 | 31 | $179,486 | $23,880 | $770iApproximate average salary by contribution assumption: employee only about $19,258 at 4% or $12,839 at 6%; with 50% employer match about $12,839 at 4% or $8,559 at 6%; with 100% employer match about $9,629 at 4% or $6,419 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 31 | $179,486 | $23,880 | $770iApproximate average salary by contribution assumption: employee only about $19,258 at 4% or $12,839 at 6%; with 50% employer match about $12,839 at 4% or $8,559 at 6%; with 100% employer match about $9,629 at 4% or $6,419 at 6%. |
| 2003 | 1 | 28 | $153,973 | $26,314 | $940iApproximate average salary by contribution assumption: employee only about $23,495 at 4% or $15,663 at 6%; with 50% employer match about $15,663 at 4% or $10,442 at 6%; with 100% employer match about $11,747 at 4% or $7,832 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 28 | $153,973 | $26,314 | $940iApproximate average salary by contribution assumption: employee only about $23,495 at 4% or $15,663 at 6%; with 50% employer match about $15,663 at 4% or $10,442 at 6%; with 100% employer match about $11,747 at 4% or $7,832 at 6%. |
| 2002 | 1 | 33 | $0 | $0 | - |
| Hobbs 401K Profit Sharing Plan | - | 33 | - | - | - |
| 2001 | 1 | 14 | $0 | $0 | - |
| Hobbs 401K Profit Sharing Plan | - | 14 | - | - | - |
| 2000 | 1 | 49 | $0 | $0 | - |
| Hobbs 401K Profit Sharing Plan | - | 49 | - | - | - |
| 1999 | 1 | 42 | $107,534 | $31,326 | $746iApproximate average salary by contribution assumption: employee only about $18,646 at 4% or $12,431 at 6%; with 50% employer match about $12,431 at 4% or $8,287 at 6%; with 100% employer match about $9,323 at 4% or $6,215 at 6%. |
| Hobbs 401K Profit Sharing Plan | - | 42 | $107,534 | $31,326 | $746iApproximate average salary by contribution assumption: employee only about $18,646 at 4% or $12,431 at 6%; with 50% employer match about $12,431 at 4% or $8,287 at 6%; with 100% employer match about $9,323 at 4% or $6,215 at 6%. |