401(k) · DOL Form 5500 · 2024

Hoover Group, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
138
Participants Small participant base
51st
Percentile by assets National rank
$57,541
Avg per participant Low balance/head
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Official DOL plan name: Hoover Group, Inc. Employee's Profit Sharing and Savings Plan · Sponsored by Hoover Group, Inc. · Texas · Manufacturing

$8M in assets, 138 participants

Hoover Group, Inc.'s Hoover Group, Inc. Employee's Profit Sharing and Savings Plan reported $8M in total assets and 138 participants in its 2024 DOL Form 5500 filing, ranking in the 51st 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.

  • #6,276 in Manufacturing (17,777 peers)

Coverage in Texas

Hoover Group, Inc. Employee's Profit Sharing and Savings Plan covers 138 participants in Texas, about 20% of the average Texas filer (state average ~688 per filing). Assets: $8M.

#6,276
in Manufacturing (17,777 peers)
+30.6%
assets growth YoY

Hoover Group, Inc. Employee's Profit Sharing and Savings Plan's mid-pack asset rank among Manufacturing and all filers

Hoover Group, Inc. Employee's Profit Sharing and Savings Plan vs every filed plan by assets

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

$7,940,689 Top 49% higher than 51% 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

Hoover Group, Inc. Employee's Profit Sharing and Savings 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. Hoover Group, Inc. Employee's Profit Sharing and Savings Plan sits mid-pack in the medium band (138 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hoover Group, Inc. Employee's Profit Sharing and Savings Plan reported net income rose from -$1M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Hoover Group, Inc. Employee's Profit Sharing and Savings Plan end-of-year assets rose from $6M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Hoover Group, Inc. Employee's Profit Sharing and Savings Plan reported participants fell from 145 in the plan year 2023 filing to 138 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 581645956 · Hoover Group, Inc. PY 2024 · 401(k)

Hoover Group, Inc. Employee's Profit Sharing and Savings Plan · $8M · 138 · 51st

  • NET $8M
  • BOOK 138
  • VS-ST 51st
  • BOY 401(k)
  • SCH near Protegrity USA, Inc. Retirement Plan
  • EBSA ind #6276

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 Texas →

Hoover Group, Inc. Employee's Profit Sharing and Savings Plan in the asset neighbourhood

Hoover Group, Inc. Employee's Profit Sharing and Savings PlanHoover Group, Inc. Employee'…$8MProtegrity USA, Inc. Retirement PlanProtegrity USA, Inc. Retirem…$8MNfm Welding Engineers, Inc. 401(k) Profit Sharing PlanNfm Welding Engineers, Inc. …$8MOur Gang Savings Incentive PlanOur Gang Savings Incentive P…$8MCape Fear Orthopaedic Clinic, P.a. 401(k) PlanCape Fear Orthopaedic Clinic…$8M
End-of-year total assets ($M) among Hoover Group, Inc. Employee's Profit Sharing and Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$8M
Net Income$2M
Employer EIN581645956
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hoover Group, Inc.)

Sponsor-wide plan assets over time

All Hoover Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 7.126274054608343% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $7.41M $7.94M ▲ +7.2%
Year Plans Participants Total Assets
2022 1 121 $7M
2023 1 145 $6M
2024 1 138 $8M

Nearby 401(k) Plans in Texas

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

Hoover Group, Inc. Employee's Profit Sharing and Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Hoover Group, Inc. Employee's Profit Sharing and Savings Plan, Total assets ($B): 0.007940689 · Participants: 138Hoover Group, Inc. Employee's Profit Sharing and Savings PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Hoover Group, Inc. Employee's Profit Sharing and Savings Plan vs. nearby 401(k) plans in Texas, assets vs. participants
Compare Hoover Group, Inc. Employee's Profit Sharing and Savings Plan side-by-side with 3 peers →

Hoover Group, Inc. Employee's Profit Sharing and Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Protegrity USA, Inc. Retirement Plan in CT ($8M); by covered participants it is Budney Overhaul & Repair, Ltd Employee Retirement Plan in CT (138 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (138 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 Hoover Group, Inc. Employee's Profit Sharing and Savings Plan assets move in 2024? ▼
Hoover Group, Inc. Employee's Profit Sharing and Savings Plan surged - up 30.6% during 2024, from $6M to $8M. Reported net income was $2M.
How have Hoover Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hoover Group, Inc.'s sponsor-wide assets grew 7.1%, from $7M to $8M.
Which 401(k) plans are similar in size to Hoover Group, Inc. Employee's Profit Sharing and Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Protegrity USA, Inc. Retirement Plan in CT ($8M, 115 participants).
Which 401(k) plans cover a similar participant headcount to Hoover Group, Inc. Employee's Profit Sharing and Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Budney Overhaul & Repair, Ltd Employee Retirement Plan in CT (138 participants, $7M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 581645956.

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.