Civic Intelligence

Hanover Asset Management

Plan context: Hanover Asset Management Inc 401(K) Profit Sharing Plan & Trust

EIN 13-4123670 • Rye, NY • 18 filings • 4 plans

65 Lake RoadRye, NY 10580
Current Snapshot

Latest Year

2025

2025 Participants

3

2025 Assets

$1,057,242

2025 Contributions

$81,316

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$1,568,987$784,494$0201120192025YearValue
$1,057,242Latest year 2025

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

320201120192025YearValue
3Latest year 2025

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202513$1,057,242$81,316$27,105iApproximate average salary by contribution assumption: employee only about $677,633 at 4% or $451,756 at 6%; with 50% employer match about $451,756 at 4% or $301,170 at 6%; with 100% employer match about $338,817 at 4% or $225,878 at 6%.
Hanover Asset Management Inc 401(K) Profit Sharing Plan & Trust-3$1,057,242$81,316$27,105iApproximate average salary by contribution assumption: employee only about $677,633 at 4% or $451,756 at 6%; with 50% employer match about $451,756 at 4% or $301,170 at 6%; with 100% employer match about $338,817 at 4% or $225,878 at 6%.
202423$1,568,987$189,898$63,299iApproximate average salary by contribution assumption: employee only about $1,582,483 at 4% or $1,054,989 at 6%; with 50% employer match about $1,054,989 at 4% or $703,326 at 6%; with 100% employer match about $791,242 at 4% or $527,494 at 6%.
Hanover Asset Management Inc 401(K) Profit Sharing Plan & Trust-3$886,545$39,898$13,299iApproximate average salary by contribution assumption: employee only about $332,483 at 4% or $221,656 at 6%; with 50% employer match about $221,656 at 4% or $147,770 at 6%; with 100% employer match about $166,242 at 4% or $110,828 at 6%.
Hanover Asset Management Cash Balance Plan-2$682,442$150,000$75,000iApproximate average salary by contribution assumption: employee only about $1,875,000 at 4% or $1,250,000 at 6%; with 50% employer match about $1,250,000 at 4% or $833,333 at 6%; with 100% employer match about $937,500 at 4% or $625,000 at 6%.
202322$1,200,600$157,810$78,905iApproximate average salary by contribution assumption: employee only about $1,972,625 at 4% or $1,315,083 at 6%; with 50% employer match about $1,315,083 at 4% or $876,722 at 6%; with 100% employer match about $986,313 at 4% or $657,542 at 6%.
Hanover Asset Management Inc 401(K) Profit Sharing Plan & Trust-2$720,227$57,810$28,905iApproximate average salary by contribution assumption: employee only about $722,625 at 4% or $481,750 at 6%; with 50% employer match about $481,750 at 4% or $321,167 at 6%; with 100% employer match about $361,313 at 4% or $240,875 at 6%.
Hanover Asset Management Cash Balance Plan-2$480,373$100,000$50,000iApproximate average salary by contribution assumption: employee only about $1,250,000 at 4% or $833,333 at 6%; with 50% employer match about $833,333 at 4% or $555,556 at 6%; with 100% employer match about $625,000 at 4% or $416,667 at 6%.
202222$927,409$0-
Hanover Asset Management Inc 401(K) Profit Sharing Plan & Trust-2$599,828--
Hanover Asset Management Cash Balance Plan-2$327,581$0-
202122$952,452$411,550$205,775iApproximate average salary by contribution assumption: employee only about $5,144,375 at 4% or $3,429,583 at 6%; with 50% employer match about $3,429,583 at 4% or $2,286,389 at 6%; with 100% employer match about $2,572,188 at 4% or $1,714,792 at 6%.
Hanover Asset Management Inc 401(K) Profit Sharing Plan & Trust-2$602,452$61,550$30,775iApproximate average salary by contribution assumption: employee only about $769,375 at 4% or $512,917 at 6%; with 50% employer match about $512,917 at 4% or $341,944 at 6%; with 100% employer match about $384,688 at 4% or $256,458 at 6%.
Hanover Asset Management Cash Balance Plan-2$350,000$350,000$175,000iApproximate average salary by contribution assumption: employee only about $4,375,000 at 4% or $2,916,667 at 6%; with 50% employer match about $2,916,667 at 4% or $1,944,444 at 6%; with 100% employer match about $2,187,500 at 4% or $1,458,333 at 6%.
202012$536,408$68,300$34,150iApproximate average salary by contribution assumption: employee only about $853,750 at 4% or $569,167 at 6%; with 50% employer match about $569,167 at 4% or $379,444 at 6%; with 100% employer match about $426,875 at 4% or $284,583 at 6%.
Hanover Asset Management Inc 401(K) Profit Sharing Plan & Trust-2$536,408$68,300$34,150iApproximate average salary by contribution assumption: employee only about $853,750 at 4% or $569,167 at 6%; with 50% employer match about $569,167 at 4% or $379,444 at 6%; with 100% employer match about $426,875 at 4% or $284,583 at 6%.
201912$450,791$1,806$903iApproximate average salary by contribution assumption: employee only about $22,575 at 4% or $15,050 at 6%; with 50% employer match about $15,050 at 4% or $10,033 at 6%; with 100% employer match about $11,288 at 4% or $7,525 at 6%.
Hanover Asset Management Inc 401(K) Profit Sharing Plan & Trust-2$450,791$1,806$903iApproximate average salary by contribution assumption: employee only about $22,575 at 4% or $15,050 at 6%; with 50% employer match about $15,050 at 4% or $10,033 at 6%; with 100% employer match about $11,288 at 4% or $7,525 at 6%.
201812$442,412$83,250$41,625iApproximate average salary by contribution assumption: employee only about $1,040,625 at 4% or $693,750 at 6%; with 50% employer match about $693,750 at 4% or $462,500 at 6%; with 100% employer match about $520,313 at 4% or $346,875 at 6%.
Hanover Asset Management Inc 401(K) Profit Sharing Plan & Trust-2$442,412$83,250$41,625iApproximate average salary by contribution assumption: employee only about $1,040,625 at 4% or $693,750 at 6%; with 50% employer match about $693,750 at 4% or $462,500 at 6%; with 100% employer match about $520,313 at 4% or $346,875 at 6%.
201712$352,286$39,800$19,900iApproximate average salary by contribution assumption: employee only about $497,500 at 4% or $331,667 at 6%; with 50% employer match about $331,667 at 4% or $221,111 at 6%; with 100% employer match about $248,750 at 4% or $165,833 at 6%.
Hanover Asset Management Inc 401(K) Profit Sharing Plan & Trust-2$352,286$39,800$19,900iApproximate average salary by contribution assumption: employee only about $497,500 at 4% or $331,667 at 6%; with 50% employer match about $331,667 at 4% or $221,111 at 6%; with 100% employer match about $248,750 at 4% or $165,833 at 6%.
201512$248,040$65,019$32,510iApproximate average salary by contribution assumption: employee only about $812,738 at 4% or $541,825 at 6%; with 50% employer match about $541,825 at 4% or $361,217 at 6%; with 100% employer match about $406,369 at 4% or $270,913 at 6%.
Hanover Asset Management Inc 401(K) Profit Sharing Plan & Trust-2$248,040$65,019$32,510iApproximate average salary by contribution assumption: employee only about $812,738 at 4% or $541,825 at 6%; with 50% employer match about $541,825 at 4% or $361,217 at 6%; with 100% employer match about $406,369 at 4% or $270,913 at 6%.
201413$182,998$39,380$13,127iApproximate average salary by contribution assumption: employee only about $328,167 at 4% or $218,778 at 6%; with 50% employer match about $218,778 at 4% or $145,852 at 6%; with 100% employer match about $164,083 at 4% or $109,389 at 6%.
Hanover Asset Management Inc 401(K) Profit Sharing Plan & Trust-3$182,998$39,380$13,127iApproximate average salary by contribution assumption: employee only about $328,167 at 4% or $218,778 at 6%; with 50% employer match about $218,778 at 4% or $145,852 at 6%; with 100% employer match about $164,083 at 4% or $109,389 at 6%.
201313$143,599$62,100$20,700iApproximate average salary by contribution assumption: employee only about $517,500 at 4% or $345,000 at 6%; with 50% employer match about $345,000 at 4% or $230,000 at 6%; with 100% employer match about $258,750 at 4% or $172,500 at 6%.
Hanover Asset Management Inc 401(K) Profit Sharing Plan & Trust-3$143,599$62,100$20,700iApproximate average salary by contribution assumption: employee only about $517,500 at 4% or $345,000 at 6%; with 50% employer match about $345,000 at 4% or $230,000 at 6%; with 100% employer match about $258,750 at 4% or $172,500 at 6%.
201213$81,486$59,884$19,961iApproximate average salary by contribution assumption: employee only about $499,033 at 4% or $332,689 at 6%; with 50% employer match about $332,689 at 4% or $221,793 at 6%; with 100% employer match about $249,517 at 4% or $166,344 at 6%.
Hanover Asset Management Inc 401(K) Profit Sharing Plan & Trust-3$81,486$59,884$19,961iApproximate average salary by contribution assumption: employee only about $499,033 at 4% or $332,689 at 6%; with 50% employer match about $332,689 at 4% or $221,793 at 6%; with 100% employer match about $249,517 at 4% or $166,344 at 6%.
201112$21,596$21,596$10,798iApproximate average salary by contribution assumption: employee only about $269,950 at 4% or $179,967 at 6%; with 50% employer match about $179,967 at 4% or $119,978 at 6%; with 100% employer match about $134,975 at 4% or $89,983 at 6%.
Hanover Asset Management Inc 401(K) Profit Sharing Plan & Trust-2$21,596$21,596$10,798iApproximate average salary by contribution assumption: employee only about $269,950 at 4% or $179,967 at 6%; with 50% employer match about $179,967 at 4% or $119,978 at 6%; with 100% employer match about $134,975 at 4% or $89,983 at 6%.