401(k) · DOL Form 5500 · 2023

Hoveround Corporation 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
160
Participants Small participant base
57th
Percentile by assets National rank
$58,249
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hoveround Corporation 401(k) Plan · Sponsored by Hoveround Corporation · Florida · Manufacturing

$9M in assets, 160 participants

Hoveround Corporation's Hoveround Corporation 401(k) Plan reported $9M in total assets and 160 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • #8,021 in Manufacturing (18,722 peers)

Coverage in Florida

Hoveround Corporation 401(k) Plan covers 160 participants in Florida, about 25% of the average Florida filer (state average ~628 per filing). Assets: $9M.

#8,021
in Manufacturing (18,722 peers)
+10.1%
assets growth YoY

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 2023 · DOL Form 5500

$9,319,778 Top 43% higher than 57% 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

Hoveround Corporation 401(k) 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. Hoveround Corporation 401(k) Plan sits mid-pack in the medium band (160 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hoveround Corporation 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $858K in the plan year 2023 filing.
  • Hoveround Corporation 401(k) Plan end-of-year assets rose from $8M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Hoveround Corporation 401(k) Plan reported participants fell from 176 in the plan year 2022 filing to 160 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 593123992 · Hoveround Corporation PY 2023 · 401(k)

Hoveround Corporation 401(k) Plan · $9M · 160 · 57th

  • SCH $9M
  • SCH 160
  • SCH 57th
  • SCH 401(k)
  • SCH near Larson Financial Group, LLC 401(k) Profit Sharing Plan and Trust
  • SCH ind #8021

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)…$9MLarson Financial Group, LLC 401(k) Profit Sharing Plan and TrustLarson Financial Group, LLC …$9MRf Technologies, Inc. 401(k) Profit Sharing PlanRf Technologies, Inc. 401(k)…$9MEissmann Automotive 401(k) PlanEissmann Automotive 401(k) P…$9MLexington Machining, LLC Retirement PlanLexington Machining, LLC Ret…$9M
End-of-year total assets ($M) among Hoveround Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Florida filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$858K
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 -505101520 Total assets ($B) Participants Hoveround Corporation 401(k) Plan, Total assets ($B): 0.009319778 · Participants: 160Hoveround Corporation 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 15.384363901 · Participants: 40665L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 11.333196569 · Participants: 50817Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 8.025816173 · Participants: 308867Adp Totalsource Retirement Savings PlanTrinet 401(k) Plan, Total assets ($B): 7.029692551 · Participants: 157945Trinet 401(k) PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 6.572590596 · Participants: 184674Publix Super Markets, Inc. 401(k) Smart Plan
Hoveround Corporation 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare Hoveround Corporation 401(k) Plan side-by-side with 3 peers →

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 Larson Financial Group, LLC 401(k) Profit Sharing Plan and Trust in MO ($9M); by covered participants it is Lightforce USA Inc.401(k) Plan in ID (160 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (160 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 Hoveround Corporation 401(k) Plan assets move in 2023? ▼
Hoveround Corporation 401(k) Plan grew at a solid clip - up 10.1% during 2023, from $8M to $9M. Reported net income was $858K.
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 Larson Financial Group, LLC 401(k) Profit Sharing Plan and Trust in MO ($9M, 179 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 Lightforce USA Inc.401(k) Plan in ID (160 participants, $10M 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 593123992.

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.