401(k) · DOL Form 5500 · 2024

Hoveround Corporation 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
166
Participants Small participant base
56th
Percentile by assets National rank
$59,723
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hoveround Corporation 401(k) Plan · Sponsored by Hoveround Corporation · Florida · Manufacturing

$10M in assets, 166 participants

Hoveround Corporation's Hoveround Corporation 401(k) Plan reported $10M in total assets and 166 participants in its 2024 DOL Form 5500 filing, ranking in the 56th 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.

  • #7,346 in Manufacturing (17,777 peers)

Coverage in Florida

Hoveround Corporation 401(k) Plan covers 166 participants in Florida, about 26% of the average Florida filer (state average ~628 per filing). Assets: $10M.

#7,346
in Manufacturing (17,777 peers)
+6.4%
assets growth YoY

Hoveround Corporation 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Hoveround Corporation 401(k) Plan vs every filed plan by assets

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

$9,913,959 Top 44% higher than 56% 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

Hoveround Corporation 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. Hoveround Corporation 401(k) Plan sits mid-pack in the medium band (166 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hoveround Corporation 401(k) Plan reported net income fell from $858K in the plan year 2023 filing to $594K in the plan year 2024 filing.
  • Hoveround Corporation 401(k) Plan end-of-year assets rose from $9M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Hoveround Corporation 401(k) Plan reported participants rose from 160 in the plan year 2023 filing to 166 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 593123992 · Hoveround Corporation PY 2024 · 401(k)

Hoveround Corporation 401(k) Plan · $10M · 166 · 56th

  • 5500 $10M
  • ASSETS 166
  • PCT 56th
  • EIN 401(k)
  • RANK near Baystate Ob/Gyn Group, Inc. 401(k) Profit Sharing Plan
  • PHOTO ind #7346

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 Florida →

Hoveround Corporation 401(k) Plan in the asset neighbourhood

James Alexander Corporation Retirement PlanJames Alexander Corporation …$10MHoveround Corporation 401(k) PlanHoveround Corporation 401(k)…$10MBaystate Ob/Gyn Group, Inc. 401(k) Profit Sharing PlanBaystate Ob/Gyn Group, Inc. …$10MSouthern Beverage Company, Inc. 401(k) PlanSouthern Beverage Company, I…$10MUnited Concrete Products, Inc. 401(k) Profit Sharing Plan and TrustUnited Concrete Products, In…$10M
End-of-year total assets ($M) among Hoveround Corporation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$10M
Net Income$594K
Employer EIN593123992
Plan Effective Date1995-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hoveround Corporation)

Sponsor-wide plan assets over time

All Hoveround Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$10M 17.167718115570345% vs 2022
2024 filing year
$8M$8.5M$9M$9.5M$10M$10.5M 202220232024 $8.46M $9.91M ▲ +17.1%
Year Plans Participants Total Assets
2022 1 176 $8M
2023 1 160 $9M
2024 1 166 $10M

Nearby 401(k) Plans in Florida

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

Hoveround Corporation 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants Hoveround Corporation 401(k) Plan, Total assets ($B): 0.009913959 · Participants: 166Hoveround Corporation 401(k) PlanL3harris Retirement Savings Plan, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc. Employee Retirement Savings Plan
Hoveround Corporation 401(k) Plan vs. nearby 401(k) plans in Florida, assets vs. participants

Hoveround Corporation 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is Baystate Ob/Gyn Group, Inc. 401(k) Profit Sharing Plan in MA ($10M); by covered participants it is Awesome 401(k) Plan in CA (166 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (166 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 Hoveround Corporation 401(k) Plan assets move in 2024?
Hoveround Corporation 401(k) Plan grew at a solid clip - up 6.4% during 2024, from $9M to $10M. Reported net income was $594K.
How have Hoveround Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Hoveround Corporation's sponsor-wide assets grew 17.2%, from $8M to $10M.
Which 401(k) plans are similar in size to Hoveround Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Baystate Ob/Gyn Group, Inc. 401(k) Profit Sharing Plan in MA ($10M, 69 participants).
Which 401(k) plans cover a similar participant headcount to Hoveround Corporation 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Awesome 401(k) Plan in CA (166 participants, $43M in assets).