401(k) · DOL Form 5500 · 2024

Hover Inc. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
295
Participants Below avg headcount
69th
Percentile by assets National rank
$62,169
Avg per participant Low balance/head
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Official DOL plan name: Hover Inc. - 401(k) Plan · Sponsored by Hover Inc. · California · Information & Media

$18M in assets, 295 participants

Hover Inc.'s Hover Inc. - 401(k) Plan reported $18M in total assets and 295 participants in its 2024 DOL Form 5500 filing, ranking in the 69th 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.

  • #1,646 in Information & Media (2,822 peers)

Coverage in California

Hover Inc. - 401(k) Plan covers 295 participants in California, about 47% of the average California filer (state average ~630 per filing). Assets: $18M.

#1,646
in Information & Media (2,822 peers)
+36.7%
assets growth YoY

Hover Inc. - 401(k) Plan's outsized position by total assets

Hover Inc. - 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$18,340,000 Top 31% higher than 69% 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

Hover Inc. - 401(k) 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. Hover Inc. - 401(k) Plan sits mid-pack in the medium band (295 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hover Inc. - 401(k) Plan end-of-year assets rose from $13M in the plan year 2023 filing to $18M in the plan year 2024 filing.
  • Hover Inc. - 401(k) Plan reported net income rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Hover Inc. - 401(k) Plan reported participants rose from 290 in the plan year 2023 filing to 295 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 451247776 · Hover Inc. PY 2024 · 401(k)

Hover Inc. - 401(k) Plan · $18M · 295 · 69th

  • VS-ST $18M
  • BOY 295
  • SCH 69th
  • EBSA 401(k)
  • PART near Addium 401(k) Plan
  • TYPE ind #1646

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 Information & Media retirement plans → · Plans in California →

Hover Inc. - 401(k) Plan in the asset neighbourhood

Hover Inc. - 401(k) Plan$18MAddium 401(k) Plan$18MBigos Management Inc., 401(k) Ps PlanBigos Management Inc., 401(k…$18MEdge One LLC 401(k) Savings & Retirement PlanEdge One LLC 401(k) Savings …$18MAlliance for Multispecialty Research Retirement PlanAlliance for Multispecialty …$18M
End-of-year total assets ($M) among Hover Inc. - 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

California filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$18M
Net Income$5M
Employer EIN451247776
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hover Inc.)

Sponsor-wide plan assets over time

All Hover Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 94.01244176188686% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $9.45M $18.3M ▲ +94.1%
Year Plans Participants Total Assets
2022 1 330 $9M
2023 1 290 $13M
2024 1 295 $18M

Nearby 401(k) Plans in California

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

Hover Inc. - 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Hover Inc. - 401(k) Plan, Total assets ($B): 0.01834 · Participants: 295Hover Inc. - 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Hover Inc. - 401(k) Plan vs. nearby 401(k) plans in California, assets vs. participants

Hover Inc. - 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Addium 401(k) Plan in WA ($18M); by covered participants it is Sioux Falls Ford, Inc. 401(k) Plan in SD (295 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($18M here).

Similar participant headcount

Nearest other-state filings by covered participants (295 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 Hover Inc. - 401(k) Plan assets move in 2024?
Hover Inc. - 401(k) Plan surged - up 36.7% during 2024, from $13M to $18M. Reported net income was $5M.
How have Hover Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hover Inc.'s sponsor-wide assets grew 94.0%, from $9M to $18M.
Which 401(k) plans are similar in size to Hover Inc. - 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Addium 401(k) Plan in WA ($18M, 134 participants).
Which 401(k) plans cover a similar participant headcount to Hover Inc. - 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Sioux Falls Ford, Inc. 401(k) Plan in SD (295 participants, $16M in assets).