401(k) · DOL Form 5500 · 2024

Hoover & Strong, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
88
Participants Small participant base
43rd
Percentile by assets National rank
$60,822
Avg per participant Low balance/head
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Official DOL plan name: Hoover & Strong, Inc. Profit Sharing Plan · Sponsored by Hoover & Strong, Inc. · Virginia · Manufacturing

$5M in assets, 88 participants

Hoover & Strong, Inc.'s Hoover & Strong, Inc. Profit Sharing Plan reported $5M in total assets and 88 participants in its 2024 DOL Form 5500 filing, ranking in the 43rd 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.

  • #4,670 in Manufacturing (17,777 peers)

Hoover & Strong, Inc. multi-year trail

Hoover & Strong, Inc.'s plans moved +30.2% in assets from 2022 to 2024; this filing shows Hoover & Strong, Inc. Profit Sharing Plan at $5M / 88 participants.

#4,670
in Manufacturing (17,777 peers)
+12.9%
assets growth YoY

Hoover & Strong, Inc. Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Hoover & Strong, Inc. Profit Sharing Plan vs every filed plan by assets

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

$5,352,362 43rd percentile higher than 43% 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 & Strong, Inc. Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hoover & Strong, Inc. Profit Sharing Plan is a small filing (88 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hoover & Strong, Inc. Profit Sharing Plan end-of-year assets rose from $5M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Hoover & Strong, Inc. Profit Sharing Plan reported participants fell from 90 in the plan year 2023 filing to 88 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 160484880 · Hoover & Strong, Inc. PY 2024 · 401(k)

Hoover & Strong, Inc. Profit Sharing Plan · $5M · 88 · 43rd

  • PCT $5M
  • EIN 88
  • RANK 43rd
  • PHOTO 401(k)
  • IND near Teal's Management Group, Inc. 401(k) Plan
  • EOY ind #4670

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 Virginia →

Hoover & Strong, Inc. Profit Sharing Plan in the asset neighbourhood

Hoover & Strong, Inc. Profit Sharing PlanHoover & Strong, Inc. Profit…$5MTeal's Management Group, Inc. 401(k) PlanTeal's Management Group, Inc…$5MHome Ranch Office LLC Profit Sharing PlanHome Ranch Office LLC Profit…$5MAction Equip. & Scaffold Co., Inc. Profit Sharing PlanAction Equip. & Scaffold Co.…$5MSunbelt Furniture Xpress, Inc. 401(k) PlanSunbelt Furniture Xpress, In…$5M
End-of-year total assets ($M) among Hoover & Strong, Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Hoover & Strong, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Hoover & Strong, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 30.204437793028355% vs 2022
2024 filing year
$3.5M$4M$4.5M$5M$5.5M 202220232024 $4.11M $5.35M ▲ +30.2%
Year Plans Participants Total Assets
2022 1 119 $4M
2023 1 90 $5M
2024 1 88 $5M

Hoover & Strong, Inc. filing trail (2024)

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$5M
Net Income$610K
Employer EIN160484880
Plan Effective Date1980-10-15
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Virginia

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

Hoover & Strong, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Hoover & Strong, Inc. Profit Sharing Plan, Total assets ($B): 0.005352362 · Participants: 88Hoover & Strong, Inc. 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
Hoover & Strong, Inc. Profit Sharing Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Hoover & Strong, Inc. Profit Sharing Plan side-by-side with 3 peers →

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

Outside Virginia, the nearest 401(k) by assets is Teal's Management Group, Inc. 401(k) Plan in MN ($5M); by covered participants it is Gana-A'yoo Limited 401(k) Retirement Plan in AK (88 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (88 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 & Strong, Inc. Profit Sharing Plan assets move in 2024? ▼
Hoover & Strong, Inc. Profit Sharing Plan grew at a solid clip - up 12.9% during 2024, from $5M to $5M. Reported net income was $610K.
How have Hoover & Strong, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hoover & Strong, Inc.'s sponsor-wide assets grew 30.2%, from $4M to $5M.
Which 401(k) plans are similar in size to Hoover & Strong, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Teal's Management Group, Inc. 401(k) Plan in MN ($5M, 247 participants).
Which 401(k) plans cover a similar participant headcount to Hoover & Strong, Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Gana-A'yoo Limited 401(k) Retirement Plan in AK (88 participants, $2M 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 160484880.

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.