Hoover Group, Inc. 401(k) Plan: Login, Facts & Contact Information

Hoover Group, Inc. 401(k) Plan Facts

Plan name
HOOVER GROUP, INC. EMPLOYEE'S PROFIT SHARING AND SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
HOOVER GROUP, INC.
Participants
204 (131 active employees)
Former employees with a balance
59
Plan assets
$7,940,689 at Dec 31, 2024
Average account balance
$43,156 across 184 accounts
Employer contributions
$517,958 in plan year 2024 (36% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1986
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 10, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.46 million went into the plan in contributions, $517,958 of it from the employer (36%).
  • $542,362 was paid out to participants.
  • Investment and other income added $972,720.
  • Administrative expenses were $25,253, about $137 per account.

How the Hoover Group, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019356$9.06 million$619,925$1.07 million
2020400$8.73 million$227,111$2.45 million
2021274$8.61 million$314,337$2.51 million
2022227$7.41 million$375,314$961,311
2023206$6.08 million$569,799$3.97 million
2024204$7.94 million$517,958$542,362

Hoover Group, Inc. 401(k) Contact Information

Phone
281-870-8402
Mailing address
24285 KATY FREEWAY, SUITE 200, KATY TX 774941327
Plan sponsor
HOOVER GROUP, INC.
Employer identification number (EIN)
58-1645956
Plan number
001

Questions about the Hoover Group, Inc. 401(k)

Does Hoover Group, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $517,958, 36% of all contributions.

Does the Hoover Group, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Hoover Group, Inc 401(k) plan?

204 participants at the start of plan year 2024, 131 of them active employees, and 59 former employees who still had money in the plan.

What is the average 401(k) balance at Hoover Group, Inc?

About $43,156 per account: $7.94 million in plan assets across 184 accounts with a balance at the end of plan year 2024.

Who manages the Hoover Group, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Hoover Group, Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

Related Companies
Headquarter: 4030 JOHNS CREEK PKWY, SUWANEE, GA, 300241254
Headquarter: 1970 TECHNOLOGY PARKWAY, MECHANICSBURG, PA, 17050
Headquarter: 13570 N. CENTRAL EXPRESSWAY MS 3933, DALLAS, TX, 75243
Headquarter: 3300 PUBLIX CORPORATE PARKWAY, LAKELAND, FL, 338113311
Headquarter: 5918 STONERIDGE MALL ROAD, PLEASANTON, CA, 94588