401(k) · DOL Form 5500 · 2023

Hovnanian Enterprises, Inc. 401(k) Plan

Data updated 2026-08-25

$379M
Total assets Above avg plan size
2,234
Participants Above avg headcount
97th
Percentile by assets National rank
$169,545
Avg per participant Above avg balance/head
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Official DOL plan name: Hovnanian Savings and Investment Retirement Plan · Sponsored by Hovnanian Enterprises, Inc. · New Jersey · Construction

$379M in assets, 2,234 participants

Hovnanian Enterprises, Inc.'s Hovnanian Savings and Investment Retirement Plan reported $379M in total assets and 2,234 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #8,695 in Construction (9,030 peers)

Coverage in New Jersey

Hovnanian Savings and Investment Retirement Plan covers 2,234 participants in New Jersey, 2.6x the typical New Jersey plan (state average ~844 per filing). Assets: $379M.

#8,695
in Construction (9,030 peers)
+17.4%
assets growth YoY
3.8×
vs typical plan assets (national mean)

Hovnanian Savings and Investment Retirement Plan's outsized position by total assets

Hovnanian Savings and Investment Retirement Plan vs every filed plan by assets

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

$378,763,965 Top 3% higher than 97% 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

Hovnanian Savings and Investment Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hovnanian Savings and Investment Retirement Plan lands in the large band (2,234 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hovnanian Savings and Investment Retirement Plan reported net income rose from -$63M in the plan year 2022 filing to $56M in the plan year 2023 filing.
  • Hovnanian Savings and Investment Retirement Plan reported participants rose from 1,836 in the plan year 2022 filing to 2,234 in the plan year 2023 filing.
  • Hovnanian Savings and Investment Retirement Plan end-of-year assets rose from $322M in the plan year 2022 filing to $379M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 221851059 · Hovnanian Enterprises, Inc. PY 2023 · 401(k)

Hovnanian Savings and Investment Retirement Plan · $379M · 2,234 · 97th

  • BOY $379M
  • BOY 2,234
  • BOY 97th
  • BOY 401(k)
  • BOY near Galderma Services, Inc. Employees' 401(k) and Employer Contribution Plan
  • BOY ind #8695

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 Construction retirement plans → · Plans in New Jersey →

Hovnanian Savings and Investment Retirement Plan in the asset neighbourhood

Oregon Anesthesiology Group, P.C. 401(k) Profit Sharing PlanOregon Anesthesiology Group,…$379MAirbus Americas, Inc. 401(k) Savings PlanAirbus Americas, Inc. 401(k)…$379MBenchmark Electronics, Inc. 401(k) Employee Savings PlanBenchmark Electronics, Inc. …$379MHovnanian Savings and Investment Retirement PlanHovnanian Savings and Invest…$379MGalderma Services, Inc. Employees' 401(k) and Employer Contribution PlanGalderma Services, Inc. Empl…$379M
End-of-year total assets ($M) among Hovnanian Savings and Investment Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New Jersey filing particulars

Total Assets (Beginning of Year)$322M
Net Assets (End of Year)$379M
Net Income$56M
Employer EIN221851059
Plan Effective Date1982-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hovnanian Enterprises, Inc.)

Sponsor-wide plan assets over time

All Hovnanian Enterprises, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$439M 36.068218728715664% vs 2022
2024 filing year
$300M$350M$400M$450M$500M 202220232024 $322M $439M ▲ +36.1%
Year Plans Participants Total Assets
2022 1 1,836 $322M
2023 1 2,234 $379M
2024 1 2,215 $439M

Nearby 401(k) Plans in New Jersey

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

Hovnanian Savings and Investment Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Hovnanian Savings and Investment Retirement Plan, Total assets ($B): 0.378763965 · Participants: 2234Hovnanian Savings and Investment Retirement PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Hovnanian Savings and Investment Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Hovnanian Savings and Investment Retirement Plan side-by-side with 3 peers →

Hovnanian Savings and Investment Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Galderma Services, Inc. Employees' 401(k) and Employer Contribution Plan in TX ($379M); by covered participants it is Flagler System, Inc. Employees' Savings Plan in FL (2,234 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,234 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 Hovnanian Savings and Investment Retirement Plan assets move in 2023? ▼
Hovnanian Savings and Investment Retirement Plan grew sharply - up 17.4% during 2023, from $322M to $379M. Reported net income was $56M.
How have Hovnanian Enterprises, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hovnanian Enterprises, Inc.'s sponsor-wide assets grew 36.1%, from $322M to $439M.
Where does Hovnanian Savings and Investment Retirement Plan rank by assets among Form 5500 filers? ▼
Hovnanian Savings and Investment Retirement Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Hovnanian Savings and Investment Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Galderma Services, Inc. Employees' 401(k) and Employer Contribution Plan in TX ($379M, 873 participants).
Which 401(k) plans cover a similar participant headcount to Hovnanian Savings and Investment Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Flagler System, Inc. Employees' Savings Plan in FL (2,234 participants, $167M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 221851059.

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.