401(k) · DOL Form 5500 · 2024

Hanover Foods Corporation 401(k) Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
651
Participants Below avg headcount
82nd
Percentile by assets National rank
$63,437
Avg per participant Low balance/head
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Official DOL plan name: Hanover Foods Corporation 401(k) Savings Plan · Sponsored by Hanover Foods Corporation · Pennsylvania · Manufacturing

$41M in assets, 651 participants

Hanover Foods Corporation's Hanover Foods Corporation 401(k) Savings Plan reported $41M in total assets and 651 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • #13,252 in Manufacturing (17,777 peers)

Where Hanover Foods Corporation 401(k) Savings Plan sits by assets

Hanover Foods Corporation 401(k) Savings Plan sits in the top quartile of all filed plans by assets, $41M for 651 participants (~$63,437/participant), up 5.6% in 2024.

#13,252
in Manufacturing (17,777 peers)
+5.6%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Hanover Foods Corporation 401(k) Savings Plan's outsized position by total assets

Hanover Foods Corporation 401(k) Savings Plan vs every filed plan by assets

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

$41,297,297 Top 18% higher than 82% 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 Foods Corporation 401(k) 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. Hanover Foods Corporation 401(k) Savings Plan sits mid-pack in the medium band (651 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hanover Foods Corporation 401(k) Savings Plan reported net income fell from $4M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Hanover Foods Corporation 401(k) Savings Plan reported participants fell from 707 in the plan year 2023 filing to 651 in the plan year 2024 filing.
  • Hanover Foods Corporation 401(k) Savings Plan end-of-year assets rose from $39M in the plan year 2023 filing to $41M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 230670710 · Hanover Foods Corporation PY 2024 · 401(k)

Hanover Foods Corporation 401(k) Savings Plan · $41M · 651 · 82nd

  • BOOK $41M
  • BOOK 651
  • BOOK 82nd
  • BOOK 401(k)
  • BOOK near Decibel Research, Inc. Retirement Plan
  • BOOK ind #13252

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 Foods Corporation 401(k) Savings Plan in the asset neighbourhood

National Keystone Products Co., Inc. 401(k) Profit Sharing PlanNational Keystone Products C…$41MCarver Companies Profit Sharing/401(k) PlanCarver Companies Profit Shar…$41MStein & Associates, LLC 401(k) Profit Sharing PlanStein & Associates, LLC 401(…$41MHanover Foods Corporation 401(k) Savings PlanHanover Foods Corporation 40…$41MDecibel Research, Inc. Retirement PlanDecibel Research, Inc. Retir…$41M
End-of-year total assets ($M) among Hanover Foods Corporation 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$41M
Net Income$2M
Employer EIN230670710
Plan Effective Date1990-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hanover Foods Corporation)

Sponsor-wide plan assets over time

All Hanover Foods Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$41M 18.774813121627677% vs 2022
2024 filing year
$34M$36M$38M$40M$42M 202220232024 $34.8M $41.3M ▲ +18.8%
Year Plans Participants Total Assets
2022 1 747 $35M
2023 1 707 $39M
2024 1 651 $41M

Nearby 401(k) Plans in Pennsylvania

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

Hanover Foods Corporation 401(k) Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -50510152025 Total assets ($B) Participants Hanover Foods Corporation 401(k) Savings Plan, Total assets ($B): 0.041297297 · Participants: 651Hanover Foods Corporation 401(k) Savings 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 Foods Corporation 401(k) Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Hanover Foods Corporation 401(k) Savings Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest 401(k) by assets is Decibel Research, Inc. Retirement Plan in AL ($41M); by covered participants it is People Incorporated Retirement Savings Plan in MN (651 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (651 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 Foods Corporation 401(k) Savings Plan assets move in 2024? ▼
Hanover Foods Corporation 401(k) Savings Plan grew at a solid clip - up 5.6% during 2024, from $39M to $41M. Reported net income was $2M.
How have Hanover Foods Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hanover Foods Corporation's sponsor-wide assets grew 18.8%, from $35M to $41M.
Where does Hanover Foods Corporation 401(k) Savings Plan rank by assets among Form 5500 filers? ▼
Hanover Foods Corporation 401(k) Savings Plan ranks in the 82nd 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 Foods Corporation 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Decibel Research, Inc. Retirement Plan in AL ($41M, 154 participants).
Which 401(k) plans cover a similar participant headcount to Hanover Foods Corporation 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is People Incorporated Retirement Savings Plan in MN (651 participants, $17M 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 230670710.

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.