401(k) · DOL Form 5500 · 2022

Hoveround Corporation 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
176
Participants Small participant base
61st
Percentile by assets National rank
$48,076
Avg per participant Low balance/head
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Official DOL plan name: Hoveround Corporation 401(k) Plan · Sponsored by Hoveround Corporation · Florida · Manufacturing

$8M in assets, 176 participants

Hoveround Corporation's Hoveround Corporation 401(k) Plan reported $8M in total assets and 176 participants in its 2022 DOL Form 5500 filing, ranking in the 61st 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.

  • #9,847 in Manufacturing (20,602 peers)

Coverage in Florida

Hoveround Corporation 401(k) Plan covers 176 participants in Florida, about 28% of the average Florida filer (state average ~628 per filing). Assets: $8M.

#9,847
in Manufacturing (20,602 peers)
-16.2%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hoveround Corporation 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Hoveround Corporation 401(k) Plan vs every filed plan by assets

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

$8,461,340 Top 39% higher than 61% 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

Hoveround Corporation 401(k) 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. Hoveround Corporation 401(k) Plan sits mid-pack in the medium band (176 participants).

Form 5500 schedule snapshot

Filing strip 593123992 · Hoveround Corporation PY 2022 · 401(k)

Hoveround Corporation 401(k) Plan · $8M · 176 · 61st

  • BOY $8M
  • SCH 176
  • EBSA 61st
  • PART 401(k)
  • TYPE near Carus Capital Accumulation 401(k) Plan for Bargaining Employees
  • NET ind #9847

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 Florida →

Hoveround Corporation 401(k) Plan in the asset neighbourhood

Hoveround Corporation 401(k) PlanHoveround Corporation 401(k)…$8MCarus Capital Accumulation 401(k) Plan for Bargaining EmployeesCarus Capital Accumulation 4…$8MCommercial Sewing, Inc.Employee Savings and Retirement PlanCommercial Sewing, Inc.Emplo…$8MZidian Management Corp. Dba the Zidian Group 401(k) Profit Sharing PlanZidian Management Corp. Dba …$8M3-G Construction Co., Inc. 401(k) Plan3-G Construction Co., Inc. 4…$8M
End-of-year total assets ($M) among Hoveround Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Florida filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$8M
Net Income-$2M
Employer EIN593123992
Plan Effective Date1995-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hoveround Corporation)

Sponsor-wide plan assets over time

All Hoveround Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$10M 17.167718115570345% vs 2022
2024 filing year
$8M$8.5M$9M$9.5M$10M$10.5M 202220232024 $8.46M $9.91M ▲ +17.1%
Year Plans Participants Total Assets
2022 1 176 $8M
2023 1 160 $9M
2024 1 166 $10M

Nearby 401(k) Plans in Florida

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

Hoveround Corporation 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -5051015 Total assets ($B) Participants Hoveround Corporation 401(k) Plan, Total assets ($B): 0.00846134 · Participants: 176Hoveround Corporation 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 12.863481581 · Participants: 41096L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pricewatercoopers LLP, Total assets ($B): 9.121428518 · Participants: 50354Savings Plan for Employees and Partners of Pricewatercoopers LLPAdp Totalsource Retirement Savings Plan, Total assets ($B): 6.687694478 · Participants: 287453Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.05990007 · Participants: 176752Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.44531949 · Participants: 14889Nextera Energy, Inc. Employee Retirement Savings Plan
Hoveround Corporation 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants

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

Outside Florida, the nearest 401(k) by assets is Carus Capital Accumulation 401(k) Plan for Bargaining Employees in IL ($8M); by covered participants it is Spin-Off Termination Plan for Arranta Bio Ma, LLC in MA (176 participants). Same-state nearby plans are listed separately above.

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 Hoveround Corporation 401(k) Plan assets move in 2022?
Hoveround Corporation 401(k) Plan declined sharply - down 16.2% during 2022, from $10M to $8M. Reported net income was -$2M.
How have Hoveround Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Hoveround Corporation's sponsor-wide assets grew 17.2%, from $8M to $10M.
Which 401(k) plans are similar in size to Hoveround Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Carus Capital Accumulation 401(k) Plan for Bargaining Employees in IL ($8M, 66 participants).
Which 401(k) plans cover a similar participant headcount to Hoveround Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Spin-Off Termination Plan for Arranta Bio Ma, LLC in MA (176 participants, N/A in assets).