Other · DOL Form 5500 · 2023

Hanover College Retirement Plan

Data updated 2026-08-25

$68M
Total assets Below avg plan size
364
Participants Below avg headcount
88th
Percentile by assets National rank
$185,962
Avg per participant Above avg balance/head
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Official DOL plan name: Hanover College 403(b) Retirement Plan · Sponsored by Hanover College · Indiana · Educational Services

$68M in assets, 364 participants

Hanover College's Hanover College 403(b) Retirement Plan reported $68M in total assets and 364 participants in its 2023 DOL Form 5500 filing, ranking in the 88th 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.

  • #2,958 in Educational Services (3,735 peers)

Where Hanover College 403(b) Retirement Plan sits by assets

Hanover College 403(b) Retirement Plan sits in the top quartile of all filed plans by assets, $68M for 364 participants (~$185,962/participant), up 13.8% in 2023.

#2,958
in Educational Services (3,735 peers)
+13.8%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Hanover College 403(b) Retirement Plan's outsized position by total assets

Hanover College 403(b) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$67,690,120 Top 12% higher than 88% of 127,068 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 2023

Hanover College 403(b) Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hanover College 403(b) Retirement Plan sits mid-pack in the medium band (364 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hanover College 403(b) Retirement Plan reported net income rose from -$10M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Hanover College 403(b) Retirement Plan reported participants rose from 283 in the plan year 2022 filing to 364 in the plan year 2023 filing.
  • Hanover College 403(b) Retirement Plan end-of-year assets rose from $59M in the plan year 2022 filing to $68M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 350868096 · Hanover College PY 2023 · Other

Hanover College 403(b) Retirement Plan · $68M · 364 · 88th

  • SCH $68M
  • SCH 364
  • SCH 88th
  • SCH Other
  • SCH near Mountain Area Health Education Center, Inc. Retirement Plan
  • SCH ind #2958

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 Educational Services retirement plans → · Plans in Indiana →

Hanover College 403(b) Retirement Plan in the asset neighbourhood

Oswego Health 403(b) Retirement PlanOswego Health 403(b) Retirem…$68MHanover College 403(b) Retirement PlanHanover College 403(b) Retir…$68MMountain Area Health Education Center, Inc. Retirement PlanMountain Area Health Educati…$68MAmerican College of Surgeons Long Term Savings PlanAmerican College of Surgeons…$68MCarteret County General Hospital Tax Deferred Savings PlanCarteret County General Hosp…$68M
End-of-year total assets ($M) among Hanover College 403(b) Retirement Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$59M
Net Assets (End of Year)$68M
Net Income$8M
Employer EIN350868096
Plan Effective Date1939-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hanover College)

Sponsor-wide plan assets over time

All Hanover College plans reported in each filing year

Latest sponsor-wide plan assets
$70M 18.412801768708256% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $59.5M $70.4M ▲ +18.4%
Year Plans Participants Total Assets
2022 1 283 $59M
2023 1 364 $68M
2024 1 322 $70M

Nearby Other Plans in Indiana

Peer Other plans, same state, same plan type, ranked by total assets.

Hanover College 403(b) Retirement Plan vs. nearby Other plans in Indiana, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 02004006008001000 Total assets ($M) Participants Hanover College 403(b) Retirement Plan, Total assets ($M): 67.69012 · Participants: 364Hanover College 403(b) Retirement PlanParkview Health System, Inc. 403(b) Plan, Total assets ($M): 787.127482 · Participants: 16096Parkview Health System, Inc. 403(b) PlanBeacon Retirement Savings 403(b) Plan, Total assets ($M): 602.754736 · Participants: 7172Beacon Retirement Savings 403(b) PlanIci Multiple Employer Plan, Total assets ($M): 448.507754 · Participants: 2656Ici Multiple Employer PlanCommunity Foundation of Northwest Indiana 403(b) Retirement Plan, Total assets ($M): 391.056673 · Participants: 7567Community Foundation of Northwest Indiana 403(b) Retirement PlanButler University Retirement Plan, Total assets ($M): 343.073559 · Participants: 3137Butler University Retirement Plan
Hanover College 403(b) Retirement Plan vs. nearby Other plans in Indiana, assets vs. participants

Hanover College 403(b) Retirement Plan's out-of-state Other peers by assets and headcount

Outside Indiana, the nearest Other by assets is Mountain Area Health Education Center, Inc. Retirement Plan in NC ($68M); by covered participants it is Lebanon Valley College Defined Contribution Plan in PA (364 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (364 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hanover College 403(b) Retirement Plan assets move in 2023?
Hanover College 403(b) Retirement Plan grew at a solid clip - up 13.8% during 2023, from $59M to $68M. Reported net income was $8M.
How have Hanover College plan assets changed over time?
Across 3 plan years on file (2022-2024), Hanover College's sponsor-wide assets grew 18.4%, from $59M to $70M.
Where does Hanover College 403(b) Retirement Plan rank by assets among Form 5500 filers?
Hanover College 403(b) Retirement Plan ranks in the 88th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Hanover College 403(b) Retirement Plan?
Among Other plans in other states, the closest by assets is Mountain Area Health Education Center, Inc. Retirement Plan in NC ($68M, 1,037 participants).
Which Other plans cover a similar participant headcount to Hanover College 403(b) Retirement Plan?
Among Other plans in other states, the closest by covered participants is Lebanon Valley College Defined Contribution Plan in PA (364 participants, $113M in assets).