401(k) · DOL Form 5500 · 2023

Hanover Prest-Paving Company 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
142
Participants Small participant base
75th
Percentile by assets National rank
$164,998
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hanover Prest-Paving Co. Money Purchase Plan · Sponsored by Hanover Prest-Paving Company · Pennsylvania · Manufacturing

$23M in assets, 142 participants

Hanover Prest-Paving Company's Hanover Prest-Paving Co. Money Purchase Plan reported $23M in total assets and 142 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #12,364 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Hanover Prest-Paving Co. Money Purchase Plan covers 142 participants in Pennsylvania, about 17% of the average Pennsylvania filer (state average ~822 per filing). Assets: $23M.

#12,364
in Manufacturing (18,722 peers)
+17.0%
assets growth YoY
0.2×
vs typical plan assets (national mean)

Hanover Prest-Paving Co. Money Purchase Plan's outsized position by total assets

Hanover Prest-Paving Co. Money Purchase Plan vs every filed plan by assets

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

$23,429,693 Top 25% higher than 75% 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 Prest-Paving Co. Money Purchase 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 Prest-Paving Co. Money Purchase Plan sits mid-pack in the medium band (142 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hanover Prest-Paving Co. Money Purchase Plan reported net income rose from -$4M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Hanover Prest-Paving Co. Money Purchase Plan end-of-year assets rose from $20M in the plan year 2022 filing to $23M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 232001108 · Hanover Prest-Paving Company PY 2023 · 401(k)

Hanover Prest-Paving Co. Money Purchase Plan · $23M · 142 · 75th

  • 5500 $23M
  • 5500 142
  • 5500 75th
  • 5500 401(k)
  • 5500 near Miller Environmental Group, Inc. 401(k) Plan
  • 5500 ind #12364

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 Prest-Paving Co. Money Purchase Plan in the asset neighbourhood

Hanover Prest-Paving Co. Money Purchase PlanHanover Prest-Paving Co. Mon…$23MMiller Environmental Group, Inc. 401(k) PlanMiller Environmental Group, …$23MUnicon, Inc. 401(k) Plan$23MChf Industries, Inc. Retirement Savings PlanChf Industries, Inc. Retirem…$23MInterstate-Mcbee Retirement PlanInterstate-Mcbee Retirement …$23M
End-of-year total assets ($M) among Hanover Prest-Paving Co. Money Purchase Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$20M
Net Assets (End of Year)$23M
Net Income$3M
Employer EIN232001108
Plan Effective Date1982-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hanover Prest-Paving Company)

Sponsor-wide plan assets over time

All Hanover Prest-Paving Company plans reported in each filing year

Latest sponsor-wide plan assets
$25M 26.91258602873302% vs 2022
2024 filing year
$18M$20M$22M$24M$26M 202220232024 $20M $25.4M ▲ +26.9%
Year Plans Participants Total Assets
2022 1 142 $20M
2023 1 142 $23M
2024 1 146 $25M

Nearby 401(k) Plans in Pennsylvania

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

Hanover Prest-Paving Co. Money Purchase Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Hanover Prest-Paving Co. Money Purchase Plan, Total assets ($B): 0.023429693 · Participants: 142Hanover Prest-Paving Co. Money Purchase PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Hanover Prest-Paving Co. Money Purchase Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Hanover Prest-Paving Co. Money Purchase Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Miller Environmental Group, Inc. 401(k) Plan in NY ($23M); by covered participants it is Texas Veterinary, PLLC 401(k) Plan in TX (142 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($23M here).

Similar participant headcount

Nearest other-state filings by covered participants (142 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 Prest-Paving Co. Money Purchase Plan assets move in 2023?
Hanover Prest-Paving Co. Money Purchase Plan grew sharply - up 17.0% during 2023, from $20M to $23M. Reported net income was $3M.
How have Hanover Prest-Paving Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Hanover Prest-Paving Company's sponsor-wide assets grew 26.9%, from $20M to $25M.
Where does Hanover Prest-Paving Co. Money Purchase Plan rank by assets among Form 5500 filers?
Hanover Prest-Paving Co. Money Purchase Plan ranks in the 75th 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 401(k) plans are similar in size to Hanover Prest-Paving Co. Money Purchase Plan?
Among 401(k) plans in other states, the closest by assets is Miller Environmental Group, Inc. 401(k) Plan in NY ($23M, 362 participants).
Which 401(k) plans cover a similar participant headcount to Hanover Prest-Paving Co. Money Purchase Plan?
Among 401(k) plans in other states, the closest by covered participants is Texas Veterinary, PLLC 401(k) Plan in TX (142 participants, $12M in assets).