Hobby Lobby Stores 401(k) match, vesting and fees
What Hobby Lobby Stores' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Hogan Taylor, LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 87 defined-contribution plans in retail trade with 10,000 to 49,999 participants.
| Hobby Lobby Stores: employer contribution per participant | $1,620 | |
| Peer median | $1,215 |
| Hobby Lobby Stores: average balance | $42,196 | |
| Peer median | $48,539 |
| Hobby Lobby Stores: admin expenses ÷ assets | 0.07% | |
| Peer median | 0.12% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $487M at the end of plan year 2023 to $564M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 33,948 | $564M | $21.6M | $1,620 | 0.07% | Not published | Form 5500 ↗ |
| 2023 | 32,000 | $487M | $20.8M | $1,542 | 0.09% | Not published | Form 5500 ↗ |
Common questions
Does Hobby Lobby Stores match 401(k) contributions?
The match terms for the Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group have not been published from its filing yet. The plan year 2024 filing reports $21.6M in employer contributions, about $1,620 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Hobby Lobby Stores 401(k) match vested?
The vesting schedule for the Savings Incentive and Profit Sharing Plan for Employees of the Hobby Lobby Group is not in the data published so far. Your Summary Plan Description states it.
Who manages the Hobby Lobby Stores 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Fidelity Investments Institutional. The plan administrator is Hobby Lobby Stores, Inc..
I left Hobby Lobby Stores. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Hobby Lobby Stores, Inc., (405) 745-1191) or the recordkeeper, Fidelity Investments Institutional. The Hobby Lobby Stores old 401(k) page lists the contacts from every plan filing. Find an old Hobby Lobby Stores 401(k)
Data from the public Form 5500 annual reports Hobby Lobby Stores filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Hobby Lobby Stores. Not financial advice. Report a correction · Methodology