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THE HOOVER REAL ESTATE GROUP 401(K) PROFIT SHARING PLAN 401k Plan overview

Plan NameTHE HOOVER REAL ESTATE GROUP 401(K) PROFIT SHARING PLAN
Plan identification number 001

THE HOOVER REAL ESTATE GROUP 401(K) PROFIT SHARING PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Plan covering Self-Employed individuals.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

THE HOOVER REAL ESTATE GROUP has sponsored the creation of one or more 401k plans.

Company Name:THE HOOVER REAL ESTATE GROUP
Employer identification number (EIN):870993507
NAIC Classification:531210
NAIC Description:Offices of Real Estate Agents and Brokers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan THE HOOVER REAL ESTATE GROUP 401(K) PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01SUZANNE HOOVER2024-10-09
0012022-01-01SUZANNE HOOVER2023-10-11
0012021-01-01SUZANNE HOOVER2022-08-23

Financial Data on THE HOOVER REAL ESTATE GROUP 401(K) PROFIT SHARING PLAN

Measure Date Value
2025 : THE HOOVER REAL ESTATE GROUP 401(K) PROFIT SHARING PLAN 2025 401k financial data
Total liabilities as of the end of the plan year2025-10-070
Total liabilities as of the beginning of the plan year2025-10-070
Total expenses incurred by plan in this plan year2025-10-0740
Net assets as of the end of the plan year2025-10-07188990
Total assets as of the beginning of the plan year2025-10-07141859
Value of plan covered by a fidelity bond2025-10-0715000
Participant contributions to plan in this plan year2025-10-0734252
Other income to plan in this plan year2025-10-078356
Plan net income in this plan year2025-10-0747131
Net assets as of the end of the plan year2025-10-07188990
Net assets as of the beginning of the plan year2025-10-07141859
Employer contributions to plan in this plan year2025-10-074563
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-0740
2024 : THE HOOVER REAL ESTATE GROUP 401(K) PROFIT SHARING PLAN 2024 401k financial data
Total liabilities as of the end of the plan year2024-10-090
Total liabilities as of the beginning of the plan year2024-10-090
Total expenses incurred by plan in this plan year2024-10-0940
Net assets as of the end of the plan year2024-10-09141859
Total assets as of the beginning of the plan year2024-10-0996552
Participant contributions to plan in this plan year2024-10-0931504
Other income to plan in this plan year2024-10-0910536
Plan net income in this plan year2024-10-0945307
Net assets as of the end of the plan year2024-10-09141859
Net assets as of the beginning of the plan year2024-10-0996552
Employer contributions to plan in this plan year2024-10-093307
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-0940
2022 : THE HOOVER REAL ESTATE GROUP 401(K) PROFIT SHARING PLAN 2022 401k financial data
Total liabilities as of the end of the plan year2022-08-230
Total expenses incurred by plan in this plan year2022-08-230
Net assets as of the end of the plan year2022-08-2362948
Plan net income in this plan year2022-08-2362948
Net assets as of the end of the plan year2022-08-2362948
Net assets as of the beginning of the plan year2022-08-230
Employer contributions to plan in this plan year2022-08-2362948

Potentially related plans

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