401(k) · DOL Form 5500 · 2024

Hanover Prest-Paving Company 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Below avg plan size
146
Participants Small participant base
75th
Percentile by assets National rank
$174,080
Avg per participant Above avg balance/head
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Official DOL plan name: Hanover Prest-Paving Co. Money Purchase Plan · Sponsored by Hanover Prest-Paving Company · Pennsylvania · Manufacturing

$25M in assets, 146 participants

Hanover Prest-Paving Company's Hanover Prest-Paving Co. Money Purchase Plan reported $25M in total assets and 146 participants in its 2024 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.

  • #11,578 in Manufacturing (17,777 peers)

Coverage in Pennsylvania

Hanover Prest-Paving Co. Money Purchase Plan covers 146 participants in Pennsylvania, about 18% of the average Pennsylvania filer (state average ~822 per filing). Assets: $25M.

#11,578
in Manufacturing (17,777 peers)
+8.5%
assets growth YoY
0.3×
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 2024 · DOL Form 5500

$25,415,715 Top 25% higher than 75% 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

Hanover Prest-Paving Co. Money Purchase 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. Hanover Prest-Paving Co. Money Purchase Plan sits mid-pack in the medium band (146 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hanover Prest-Paving Co. Money Purchase Plan reported net income fell from $3M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Hanover Prest-Paving Co. Money Purchase Plan end-of-year assets rose from $23M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Hanover Prest-Paving Co. Money Purchase Plan reported participants rose from 142 in the plan year 2023 filing to 146 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 232001108 · Hanover Prest-Paving Company PY 2024 · 401(k)

Hanover Prest-Paving Co. Money Purchase Plan · $25M · 146 · 75th

  • PHOTO $25M
  • IND 146
  • EOY 75th
  • 5500 401(k)
  • ASSETS near Wolverine Power Supply Cooperative, Inc. Non Union 401(k) Plan
  • PCT ind #11578

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…$25MWolverine Power Supply Cooperative, Inc. Non Union 401(k) PlanWolverine Power Supply Coope…$25MAmboy Bancorporation 401(k) Plan and TrustAmboy Bancorporation 401(k) …$25MGlastender, Inc. 401(k) Plan$25MSilac Insurance Company Employees 401(k) Profit Sharing PlanSilac Insurance Company Empl…$25M
End-of-year total assets ($M) among Hanover Prest-Paving Co. Money Purchase Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$25M
Net Income$2M
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. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Hanover Prest-Paving Co. Money Purchase Plan, Total assets ($B): 0.025415715 · Participants: 146Hanover Prest-Paving Co. Money Purchase PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive 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 Wolverine Power Supply Cooperative, Inc. Non Union 401(k) Plan in MI ($25M); by covered participants it is Gerresheimer Peachtree City, Inc. 401(k) Plan in GA (146 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (146 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 Hanover Prest-Paving Co. Money Purchase Plan assets move in 2024?
Hanover Prest-Paving Co. Money Purchase Plan grew at a solid clip - up 8.5% during 2024, from $23M to $25M. Reported net income was $2M.
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 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 Hanover Prest-Paving Co. Money Purchase Plan?
Among 401(k) plans in other states, the closest by assets is Wolverine Power Supply Cooperative, Inc. Non Union 401(k) Plan in MI ($25M, 113 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 Gerresheimer Peachtree City, Inc. 401(k) Plan in GA (146 participants, $3M in assets).