Hanover Prest-Paving Company401(k)

Hanover Prest-Paving Company's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $25,415,715 across 162 participant accounts, with employer contributions averaging $6,138 per active participant. See methodology for what Form 5500 does and doesn't capture.

Across the 1 year on file its reported administrative ratio rose from 0.000% to 0.000%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,328th-largest of 3,651 plans among Pennsylvania employers on file, and the 5,064th of 13,661 in manufacturing. In 2024, the employer put in $3.97 for every $1.00 employees contributed themselves; active participation has grown from 142 to 158 since 2022.