401(k) · DOL Form 5500 · 2023

Hovnanian Enterprises, Inc. 401(k) Plan

Data updated 2026-08-11

$379M
Total assets
2,234
Participants
97th
Percentile by assets
$169,545
Avg per participant
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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.

  • 97th percentile by assets (of 127,072 plans)
  • #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.

$379M
total plan assets (2023 EOY)
2,234
covered participants
97th
percentile by assets (of 127,072 plans)
$169,545
avg assets per participant

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 →

State
Industry

Participants vs New Jersey filers

In New Jersey, the average filing covers about 844 participants across 4,145 plans. Hovnanian Savings and Investment Retirement Plan reports 2,234 participants - 2.6x that state average ($379M EOY assets).

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.)

$300M$350M$400M$450M$500M 202220232024 $322M $439M ▲ +36.1%
Total plan assets by year, all Hovnanian Enterprises, Inc. plans on file
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

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 an…JPMorgan Chase 401(k…Verizon Savings Plan…Johnson and Johnson …Ernst & Young Retire…Merck US Savings Plan
Hovnanian Savings and Investment Retirement Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Hovnanian Savings and Investment Retirement Plan by total assets, not by location.

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).

Next read for Hovnanian Savings and Investment Retirem…

Filing takeaways

Ways to act on Hovnanian Savings and Investment Retirement Plan's numbers.

  • By total assets, Hovnanian Savings and Investment Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in New Jersey. Compare plans
  • Hovnanian Enterprises, Inc.'s sponsor-wide assets have grown 36.1% since 2022 across 3 plan years on file. More Construction plans