401(k) · DOL Form 5500 · 2022

Hoover Group, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
121
Participants Small participant base
59th
Percentile by assets National rank
$61,260
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hoover Group, Inc. Employee's Profit Sharing and Savings Plan · Sponsored by Hoover Group, Inc. · Texas · Manufacturing

$7M in assets, 121 participants

Hoover Group, Inc.'s Hoover Group, Inc. Employee's Profit Sharing and Savings Plan reported $7M in total assets and 121 participants in its 2022 DOL Form 5500 filing, ranking in the 59th 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.

  • #9,160 in Manufacturing (20,602 peers)

Coverage in Texas

Hoover Group, Inc. Employee's Profit Sharing and Savings Plan covers 121 participants in Texas, about 18% of the average Texas filer (state average ~688 per filing). Assets: $7M.

#9,160
in Manufacturing (20,602 peers)
-13.9%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hoover Group, Inc. Employee's Profit Sharing and Savings Plan's mid-pack asset rank among Manufacturing and all filers

Hoover Group, Inc. Employee's Profit Sharing and Savings Plan vs every filed plan by assets

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

$7,412,457 Top 41% higher than 59% 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

Hoover Group, Inc. Employee's Profit Sharing and Savings 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. Hoover Group, Inc. Employee's Profit Sharing and Savings Plan sits mid-pack in the medium band (121 participants).

DOL schedule card

Filing strip 581645956 · Hoover Group, Inc. PY 2022 · 401(k)

Hoover Group, Inc. Employee's Profit Sharing and Savings Plan · $7M · 121 · 59th

  • IND $7M
  • EOY 121
  • 5500 59th
  • ASSETS 401(k)
  • PCT near Macro Consultants LLC 401(k) Retirement Plan
  • EIN ind #9160

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 Texas →

Hoover Group, Inc. Employee's Profit Sharing and Savings Plan in the asset neighbourhood

Hoover Group, Inc. Employee's Profit Sharing and Savings PlanHoover Group, Inc. Employee'…$7MMacro Consultants LLC 401(k) Retirement PlanMacro Consultants LLC 401(k)…$7MNorth Shore Trust and Savings 401(k) and Profit Sharing PlanNorth Shore Trust and Saving…$7MTaiho Corporation of America 401(k) PlanTaiho Corporation of America…$7MAlpha Group 401(k) Plan$7M
End-of-year total assets ($M) among Hoover Group, Inc. Employee's Profit Sharing and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Texas filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$7M
Net Income-$1M
Employer EIN581645956
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hoover Group, Inc.)

Sponsor-wide plan assets over time

All Hoover Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 7.126274054608343% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $7.41M $7.94M ▲ +7.2%
Year Plans Participants Total Assets
2022 1 121 $7M
2023 1 145 $6M
2024 1 138 $8M

Nearby 401(k) Plans in Texas

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

Hoover Group, Inc. Employee's Profit Sharing and Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Hoover Group, Inc. Employee's Profit Sharing and Savings Plan, Total assets ($B): 0.007412457 · Participants: 121Hoover Group, Inc. Employee's Profit Sharing and Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 37.578871 · Participants: 144503AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.266 · Participants: 23619Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 13.794958016 · Participants: 38538Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 12.806443202 · Participants: 85577American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 11.969059 · Participants: 47532Dell Inc. 401(k) Plan
Hoover Group, Inc. Employee's Profit Sharing and Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Hoover Group, Inc. Employee's Profit Sharing and Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Macro Consultants LLC 401(k) Retirement Plan in NY ($7M); by covered participants it is Associates in Pediatric Therapy LLC 401(k) Plan in KY (121 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (121 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 Hoover Group, Inc. Employee's Profit Sharing and Savings Plan assets move in 2022?
Hoover Group, Inc. Employee's Profit Sharing and Savings Plan pulled back noticeably - down 13.9% during 2022, from $9M to $7M. Reported net income was -$1M.
How have Hoover Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hoover Group, Inc.'s sponsor-wide assets grew 7.1%, from $7M to $8M.
Which 401(k) plans are similar in size to Hoover Group, Inc. Employee's Profit Sharing and Savings Plan?
Among 401(k) plans in other states, the closest by assets is Macro Consultants LLC 401(k) Retirement Plan in NY ($7M, 99 participants).
Which 401(k) plans cover a similar participant headcount to Hoover Group, Inc. Employee's Profit Sharing and Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Associates in Pediatric Therapy LLC 401(k) Plan in KY (121 participants, N/A in assets).