401(k) · DOL Form 5500 · 2022

Hanover Foods Corporation 401(k) Plan

Data updated 2026-08-25

$35M
Total assets Below avg plan size
747
Participants Near avg headcount
85th
Percentile by assets National rank
$46,545
Avg per participant Low balance/head
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Official DOL plan name: Hanover Foods Corporation 401(k)Savings Plan · Sponsored by Hanover Foods Corporation · Pennsylvania · Manufacturing

$35M in assets, 747 participants

Hanover Foods Corporation's Hanover Foods Corporation 401(k)Savings Plan reported $35M in total assets and 747 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #16,030 in Manufacturing (20,602 peers)

Where Hanover Foods Corporation 401(k)Savings Plan sits by assets

Hanover Foods Corporation 401(k)Savings Plan sits in the top quartile of all filed plans by assets, $35M for 747 participants (~$46,545/participant), down 24.1% in 2022.

#16,030
in Manufacturing (20,602 peers)
-24.1%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hanover Foods Corporation 401(k)Savings Plan's outsized position by total assets

Hanover Foods Corporation 401(k)Savings Plan vs every filed plan by assets

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

$34,769,406 Top 15% higher than 85% 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 Foods Corporation 401(k)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. Hanover Foods Corporation 401(k)Savings Plan sits mid-pack in the medium band (747 participants).

EBSA filing schedule strip

Filing strip 230670710 · Hanover Foods Corporation PY 2022 · 401(k)

Hanover Foods Corporation 401(k)Savings Plan · $35M · 747 · 85th

  • 5500 $35M
  • ASSETS 747
  • PCT 85th
  • EIN 401(k)
  • RANK near The Monadnock Construction, Inc. 401(k) Plan
  • PHOTO ind #16030

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 Foods Corporation 401(k)Savings Plan in the asset neighbourhood

Hanover Foods Corporation 401(k)Savings PlanHanover Foods Corporation 40…$35MThe Monadnock Construction, Inc. 401(k) PlanThe Monadnock Construction, …$35MInspirage, LLC 401(k) Plan$35MSeaspine Holdings Corporation 401(k) TrustSeaspine Holdings Corporatio…$35MTruly Nolen of America, Inc. Profit Sharing and Savings PlanTruly Nolen of America, Inc.…$35M
End-of-year total assets ($M) among Hanover Foods Corporation 401(k)Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$46M
Net Assets (End of Year)$35M
Net Income-$11M
Employer EIN230670710
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hanover Foods Corporation)

Sponsor-wide plan assets over time

All Hanover Foods Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$41M 18.774813121627677% vs 2022
2024 filing year
$34M$36M$38M$40M$42M 202220232024 $34.8M $41.3M ▲ +18.8%
Year Plans Participants Total Assets
2022 1 747 $35M
2023 1 707 $39M
2024 1 651 $41M

Nearby 401(k) Plans in Pennsylvania

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

Hanover Foods Corporation 401(k)Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Hanover Foods Corporation 401(k)Savings Plan, Total assets ($B): 0.034769406 · Participants: 747Hanover Foods Corporation 401(k)Savings 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 Foods Corporation 401(k)Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Hanover Foods Corporation 401(k)Savings Plan side-by-side with 3 peers →

Hanover Foods Corporation 401(k)Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is The Monadnock Construction, Inc. 401(k) Plan in NY ($35M); by covered participants it is Duro-Last, Inc. Employee's 401(k) Retirement Plan in MI (747 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (747 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 Foods Corporation 401(k)Savings Plan assets move in 2022? ▼
Hanover Foods Corporation 401(k)Savings Plan declined sharply - down 24.1% during 2022, from $46M to $35M. Reported net income was -$11M.
How have Hanover Foods Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hanover Foods Corporation's sponsor-wide assets grew 18.8%, from $35M to $41M.
Where does Hanover Foods Corporation 401(k)Savings Plan rank by assets among Form 5500 filers? ▼
Hanover Foods Corporation 401(k)Savings Plan ranks in the 85th 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 Foods Corporation 401(k)Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Monadnock Construction, Inc. 401(k) Plan in NY ($35M, 245 participants).
Which 401(k) plans cover a similar participant headcount to Hanover Foods Corporation 401(k)Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Duro-Last, Inc. Employee's 401(k) Retirement Plan in MI (747 participants, $87M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 230670710.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.