401(k) · DOL Form 5500 · 2024

The Hanover Research Council, LLC 401(k) Plan

Data updated 2026-08-25

$38M
Total assets Below avg plan size
381
Participants Below avg headcount
81st
Percentile by assets National rank
$99,832
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

$38M in assets, 381 participants

The Hanover Research Council, LLC's The Hanover Research Council, LLC 401(k) Profit Sharing Plan reported $38M in total assets and 381 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #16,380 in Professional & Technical Services (20,173 peers)

Coverage in Virginia

The Hanover Research Council, LLC 401(k) Profit Sharing Plan covers 381 participants in Virginia, about 49% of the average Virginia filer (state average ~782 per filing). Assets: $38M.

#16,380
in Professional & Technical Services (20,173 peers)
+27.8%
assets growth YoY
0.4×
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 2024 · DOL Form 5500

$38,035,902 Top 19% higher than 81% of 123,620 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 2024

The Hanover Research Council, LLC 401(k) Profit Sharing Plan among mid-size filed plans by headcount

Plan-year 2024 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 (381 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Hanover Research Council, LLC 401(k) Profit Sharing Plan end-of-year assets rose from $30M in the plan year 2023 filing to $38M in the plan year 2024 filing.
  • The Hanover Research Council, LLC 401(k) Profit Sharing Plan reported net income rose from $8M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • The Hanover Research Council, LLC 401(k) Profit Sharing Plan reported participants fell from 397 in the plan year 2023 filing to 381 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 200253005 · The Hanover Research Council, LLC PY 2024 · 401(k)

The Hanover Research Council, LLC 401(k) Profit Sharing Plan · $38M · 381 · 81st

  • 5500 $38M
  • 5500 381
  • 5500 81st
  • 5500 401(k)
  • 5500 near Smiley Brothers, Inc. 401(k) Plan
  • 5500 ind #16380

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…$38MSmiley Brothers, Inc. 401(k) PlanSmiley Brothers, Inc. 401(k)…$38MVeca 401(k) Savings Plan$38MCarnegie Learning, Inc. 401(k) PlanCarnegie Learning, Inc. 401(…$38MVormittag Associates Inc 401(k) Profit Sharing Plan & TrustVormittag Associates Inc 401…$38M
End-of-year total assets ($M) among The Hanover Research Council, LLC 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Virginia filing particulars

Total Assets (Beginning of Year)$30M
Net Assets (End of Year)$38M
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 -1001020304050 Total assets ($B) Participants The Hanover Research Council, LLC 401(k) Profit Sharing Plan, Total assets ($B): 0.038035902 · Participants: 381The Hanover Research Council, LLC 401(k) Profit Sharing PlanNorthrop Grumman Savings Plan, Total assets ($B): 39.473777135 · Participants: 104719Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 16.840459887 · Participants: 62869401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 12.395006194 · Participants: 49414General Dynamics Corporation 401(k) Plan 6.0Capital One Financial Corporation Associate Savings Plan, Total assets ($B): 12.04952818 · Participants: 44933Capital One Financial Corporation Associate Savings PlanLeidos, Inc. Retirement Plan, Total assets ($B): 11.790942581 · Participants: 29734Leidos, Inc. Retirement 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 Smiley Brothers, Inc. 401(k) Plan in NY ($38M); by covered participants it is The Horton Group, Inc. Retirement Savings Plan in IL (381 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($38M here).

Similar participant headcount

Nearest other-state filings by covered participants (381 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
The Hanover Research Council, LLC 401(k) Profit Sharing Plan grew sharply - up 27.8% during 2024, from $30M to $38M. 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 81st percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Smiley Brothers, Inc. 401(k) Plan in NY ($38M, 640 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 The Horton Group, Inc. Retirement Savings Plan in IL (381 participants, N/A in assets).