# Hobbs Iron &amp; Metal Co., INC. DC Plan
Source: https://planprovider.pro/companies/hobbs-iron-metal-co-inc-plan

> Hobbs Iron &amp; Metal Co., INC.&#39;s DC plan: 58 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Hobbs Iron & Metal Co., INC.

- **Sponsor EIN:** 850263872

- **Sponsor Address:** P. O. BOX 2007, HOBBS, NM, 88241

- **Plan Type:** DC

- **Total Participants:** 58

- **Total Assets:** $3.9M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|58|$3.9M|$336,700|$0|

| 2023|58|$3.9M|$336,700|$0|

| 2022|58|$4.1M|$0|$0|

## Similar Plans

- [Frank'S Supply Company, INC.](https://planprovider.pro/companies/frank-s-supply-company-inc-401k-plan) — 154 participants

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