Plan Snapshot
- Plan Sponsor: Hoover Truck Centers, INC./Robert H. Hoover & Sons
- Sponsor EIN: 221987165
- Sponsor Address: P.O. BOX 719, FLANDERS, NJ, 07836
- Plan Type: 401(k)
- Total Participants: 69
- Total Assets: $5.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|
| 2024 | 69 | $5.0M | $156,205 | $278,907 |
| 2023 | 64 | $4.1M | $149,364 | $228,505 |
| 2022 | 64 | $3.2M | $123,780 | $199,109 |