401(k) · DOL Form 5500 · 2022

Hanover Prest-Paving Company 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
142
Participants Small participant base
77th
Percentile by assets National rank
$141,029
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hanover Prest-Paving Co. Money Purchase Plan · Sponsored by Hanover Prest-Paving Company · Pennsylvania · Manufacturing

$20M in assets, 142 participants

Hanover Prest-Paving Company's Hanover Prest-Paving Co. Money Purchase Plan reported $20M in total assets and 142 participants in its 2022 DOL Form 5500 filing, ranking in the 77th 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.

  • #14,062 in Manufacturing (20,602 peers)

Coverage in Pennsylvania

Hanover Prest-Paving Co. Money Purchase Plan covers 142 participants in Pennsylvania, about 17% of the average Pennsylvania filer (state average ~822 per filing). Assets: $20M.

#14,062
in Manufacturing (20,602 peers)
-15.3%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hanover Prest-Paving Co. Money Purchase Plan's outsized position by total assets

Hanover Prest-Paving Co. Money Purchase Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$20,026,158 Top 23% higher than 77% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Hanover Prest-Paving Co. Money Purchase Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hanover Prest-Paving Co. Money Purchase Plan sits mid-pack in the medium band (142 participants).

Published 5500 schedule card

Filing strip 232001108 · Hanover Prest-Paving Company PY 2022 · 401(k)

Hanover Prest-Paving Co. Money Purchase Plan · $20M · 142 · 77th

  • PCT $20M
  • EIN 142
  • RANK 77th
  • PHOTO 401(k)
  • IND near Tlc Management, Inc. 401(k) Plan
  • EOY ind #14062

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Pennsylvania →

Hanover Prest-Paving Co. Money Purchase Plan in the asset neighbourhood

Hanover Prest-Paving Co. Money Purchase PlanHanover Prest-Paving Co. Mon…$20MTlc Management, Inc. 401(k) PlanTlc Management, Inc. 401(k) …$20MMorrison Mahoney LLP Associate 401(k) PlanMorrison Mahoney LLP Associa…$20MPadagis 401(k) Retirement PlanPadagis 401(k) Retirement Pl…$20MEnloe Primary Physicians Group, a Medical Corporation 401(k) Profit Sharing PlanEnloe Primary Physicians Gro…$20M
End-of-year total assets ($M) among Hanover Prest-Paving Co. Money Purchase Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$24M
Net Assets (End of Year)$20M
Net Income-$4M
Employer EIN232001108
Plan Effective Date1982-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hanover Prest-Paving Company)

Sponsor-wide plan assets over time

All Hanover Prest-Paving Company plans reported in each filing year

Latest sponsor-wide plan assets
$25M 26.91258602873302% vs 2022
2024 filing year
$18M$20M$22M$24M$26M 202220232024 $20M $25.4M ▲ +26.9%
Year Plans Participants Total Assets
2022 1 142 $20M
2023 1 142 $23M
2024 1 146 $25M

Nearby 401(k) Plans in Pennsylvania

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

Hanover Prest-Paving Co. Money Purchase Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Hanover Prest-Paving Co. Money Purchase Plan, Total assets ($B): 0.020026158 · Participants: 142Hanover Prest-Paving Co. Money Purchase PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 14.751564896 · Participants: 97769Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 11.46087279 · Participants: 66147Cigna 401(k) PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 8.11713 · Participants: 59451The PNC Financial Services Group, Inc. Incentive Savings PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 8.097254785 · Participants: 17073The Vanguard Retirement and Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 7.823164827 · Participants: 25071The Bank of New York Mellon Corporation 401(k) Savings Plan
Hanover Prest-Paving Co. Money Purchase Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Hanover Prest-Paving Co. Money Purchase Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Tlc Management, Inc. 401(k) Plan in IN ($20M); by covered participants it is Kent Materials 401(k) in LA (142 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (142 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hanover Prest-Paving Co. Money Purchase Plan assets move in 2022?
Hanover Prest-Paving Co. Money Purchase Plan declined sharply - down 15.3% during 2022, from $24M to $20M. Reported net income was -$4M.
How have Hanover Prest-Paving Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Hanover Prest-Paving Company's sponsor-wide assets grew 26.9%, from $20M to $25M.
Where does Hanover Prest-Paving Co. Money Purchase Plan rank by assets among Form 5500 filers?
Hanover Prest-Paving Co. Money Purchase Plan ranks in the 77th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Hanover Prest-Paving Co. Money Purchase Plan?
Among 401(k) plans in other states, the closest by assets is Tlc Management, Inc. 401(k) Plan in IN ($20M, 1,726 participants).
Which 401(k) plans cover a similar participant headcount to Hanover Prest-Paving Co. Money Purchase Plan?
Among 401(k) plans in other states, the closest by covered participants is Kent Materials 401(k) in LA (142 participants, $159K in assets).