401(k) · DOL Form 5500 · 2023

The Hanover Research Council, LLC 401(k) Plan

Data updated 2026-08-25

$30M
Total assets Below avg plan size
397
Participants Below avg headcount
79th
Percentile by assets National rank
$74,951
Avg per participant Below avg balance/head
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Official DOL plan name: The Hanover Research Council, LLC 401(k) Profit Sharing Plan · Sponsored by The Hanover Research Council, LLC · Virginia · Professional & Technical Services

$30M in assets, 397 participants

The Hanover Research Council, LLC's The Hanover Research Council, LLC 401(k) Profit Sharing Plan reported $30M in total assets and 397 participants in its 2023 DOL Form 5500 filing, ranking in the 79th 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.

  • #16,181 in Professional & Technical Services (20,321 peers)

Where The Hanover Research Council, LLC 401(k) Profit Sharing Plan sits by assets

The Hanover Research Council, LLC 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $30M for 397 participants (~$74,951/participant), up 36.2% in 2023.

#16,181
in Professional & Technical Services (20,321 peers)
+36.2%
assets growth YoY
0.3×
vs typical plan assets (national mean)

The Hanover Research Council, LLC 401(k) Profit Sharing Plan's outsized position by total assets

The Hanover Research Council, LLC 401(k) Profit Sharing Plan vs every filed plan by assets

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

$29,755,662 Top 21% higher than 79% 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

The Hanover Research Council, LLC 401(k) Profit Sharing 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. The Hanover Research Council, LLC 401(k) Profit Sharing Plan sits mid-pack in the medium band (397 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Hanover Research Council, LLC 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • The Hanover Research Council, LLC 401(k) Profit Sharing Plan end-of-year assets rose from $22M in the plan year 2022 filing to $30M in the plan year 2023 filing.
  • The Hanover Research Council, LLC 401(k) Profit Sharing Plan reported participants rose from 348 in the plan year 2022 filing to 397 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 200253005 · The Hanover Research Council, LLC PY 2023 · 401(k)

The Hanover Research Council, LLC 401(k) Profit Sharing Plan · $30M · 397 · 79th

  • BOOK $30M
  • BOOK 397
  • BOOK 79th
  • BOOK 401(k)
  • BOOK near G. H. Tool & Mold 401(k) Plan
  • BOOK ind #16181

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 Professional & Technical Services retirement plans → · Plans in Virginia →

The Hanover Research Council, LLC 401(k) Profit Sharing Plan in the asset neighbourhood

The Hanover Research Council, LLC 401(k) Profit Sharing PlanThe Hanover Research Council…$30MG. H. Tool & Mold 401(k) Plan$30MMjlf & Associates, Inc. Savings and Investment PlanMjlf & Associates, Inc. Savi…$30MThe Molpus Company 401(k) Profit Sharing PlanThe Molpus Company 401(k) Pr…$30MBerexco LLC 401(k) Plan$30M
End-of-year total assets ($M) among The Hanover Research Council, LLC 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$30M
Net Income$8M
Employer EIN200253005
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Hanover Research Council, LLC)

Sponsor-wide plan assets over time

All The Hanover Research Council, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$38M 74.13178581680224% vs 2022
2024 filing year
$20M$25M$30M$35M$40M 202220232024 $21.8M $38M ▲ +74.2%
Year Plans Participants Total Assets
2022 1 348 $22M
2023 1 397 $30M
2024 1 381 $38M

Nearby 401(k) Plans in Virginia

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

The Hanover Research Council, LLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants The Hanover Research Council, LLC 401(k) Profit Sharing Plan, Total assets ($B): 0.029755662 · Participants: 397The Hanover Research Council, LLC 401(k) Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
The Hanover Research Council, LLC 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants

The Hanover Research Council, LLC 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Virginia, the nearest 401(k) by assets is G. H. Tool & Mold 401(k) Plan in MO ($30M); by covered participants it is Yesler, Inc 401(k) Plan in WA (397 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($30M here).

Similar participant headcount

Nearest other-state filings by covered participants (397 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 The Hanover Research Council, LLC 401(k) Profit Sharing Plan assets move in 2023?
The Hanover Research Council, LLC 401(k) Profit Sharing Plan surged - up 36.2% during 2023, from $22M to $30M. Reported net income was $8M.
How have The Hanover Research Council, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), The Hanover Research Council, LLC's sponsor-wide assets grew 74.1%, from $22M to $38M.
Where does The Hanover Research Council, LLC 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
The Hanover Research Council, LLC 401(k) Profit Sharing Plan ranks in the 79th 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 The Hanover Research Council, LLC 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is G. H. Tool & Mold 401(k) Plan in MO ($30M, 166 participants).
Which 401(k) plans cover a similar participant headcount to The Hanover Research Council, LLC 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Yesler, Inc 401(k) Plan in WA (397 participants, N/A in assets).