Plan Ledger DOL Form 5500 · updated monthly

Hobby Lobby Stores, Inc.401(k)

SAVINGS INCENTIVE AND PROFIT SHARING PLAN FOR EMPLOYEES OF THE HOBBY LOBBY GROUP · OKLAHOMA CITY, OK · plan year 2025

Reported admin expense ratio · 2025
0.06%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Hobby Lobby Stores, Inc. reported $374,566 in plan administrative expenses for 2025: 0.06% of average plan assets, below the peer median. Employer contributions averaged $686 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio fell from 0.07% to 0.06%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other retail trade employers. By assets it is the 13th-largest of 724 plans among Oklahoma employers on file, and the 93rd of 5,215 in retail trade. In 2025, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 30,313 to 33,609 since 2022.

Plan summary
Net assets, end of year$668,601,028
Participants with balances13,778
Active participants33,609
Employer contributions$23,045,652
Employee contributions$46,420,239
Employer contribution per active participant$686
Average account balance$48,527
Benefits paid to participants$60,414,048
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$668.6M · 13,778 accts · $23.0M emplr
2024$563.8M · 13,361 accts · $21.6M emplr
2023$487.1M · 13,465 accts · $20.8M emplr
2022$406.3M · 15,131 accts · $20.5M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$374,566
Total administrative$374,566
The Hobby Lobby Stores, Inc. 401(k) match · 2025
Employer contribution per active participant$686
Median for plans this size$4,295
2025$686 per active participant
2024$684 per active participant
2023$702 per active participant
2022$675 per active participant

Hobby Lobby Stores, Inc.'s 2025 employer contribution ran below the $4,295 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history4
2025$374,566 · 0.06%
2024$381,264 · 0.07%
2023$390,600 · 0.09%
2022$297,859 · 0.07%
Same employer
Similar plansRetail Trade · Oklahoma
Lkq Corporation IL$727.8M · 0.09%
Woodman's Food Market, Inc. WI$710.5M · 0.03%
Petsmart, Inc. AZ$667.2M · 0.15%
Bj's Wholesale Club Inc MA$661.1M · 0.13%
Tapestry, Inc. NY$659.1M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 731032203 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.