Civic Intelligence

Hoover Construction Company Inc.

Plan context: Hoover Construction Company 401(K) Plan and Trust

EIN 41-0904146 • Virginia, MN • 27 filings • 4 plans

302 Hoover Rd SVirginia, MN 55792
Current Snapshot

Latest Year

2024

2024 Participants

30

2024 Assets

$4,636,186

2024 Contributions

$200,837

Historical Graphs

Total Assets Over Time

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

$6,048,252$3,024,126$0199920142024YearValue
$4,636,186Latest year 2024

Participants Over Time

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

31160199920122024YearValue
30Latest year 2024

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
2024130$4,636,186$200,837$6,695iApproximate average salary by contribution assumption: employee only about $167,364 at 4% or $111,576 at 6%; with 50% employer match about $111,576 at 4% or $74,384 at 6%; with 100% employer match about $83,682 at 4% or $55,788 at 6%.
Hoover Construction Company 401(K) Plan and Trust-30$4,636,186$200,837$6,695iApproximate average salary by contribution assumption: employee only about $167,364 at 4% or $111,576 at 6%; with 50% employer match about $111,576 at 4% or $74,384 at 6%; with 100% employer match about $83,682 at 4% or $55,788 at 6%.
2023131$4,491,624$339,157$10,941iApproximate average salary by contribution assumption: employee only about $273,514 at 4% or $182,342 at 6%; with 50% employer match about $182,342 at 4% or $121,562 at 6%; with 100% employer match about $136,757 at 4% or $91,171 at 6%.
Hoover Construction Company 401(K) Plan and Trust-31$4,491,624$339,157$10,941iApproximate average salary by contribution assumption: employee only about $273,514 at 4% or $182,342 at 6%; with 50% employer match about $182,342 at 4% or $121,562 at 6%; with 100% employer match about $136,757 at 4% or $91,171 at 6%.
2022129$6,048,252$350,635$12,091iApproximate average salary by contribution assumption: employee only about $302,272 at 4% or $201,514 at 6%; with 50% employer match about $201,514 at 4% or $134,343 at 6%; with 100% employer match about $151,136 at 4% or $100,757 at 6%.
Hoover Construction Company 401(K) Plan and Trust-29$6,048,252$350,635$12,091iApproximate average salary by contribution assumption: employee only about $302,272 at 4% or $201,514 at 6%; with 50% employer match about $201,514 at 4% or $134,343 at 6%; with 100% employer match about $151,136 at 4% or $100,757 at 6%.
2021128$5,708,233$350,643$12,523iApproximate average salary by contribution assumption: employee only about $313,074 at 4% or $208,716 at 6%; with 50% employer match about $208,716 at 4% or $139,144 at 6%; with 100% employer match about $156,537 at 4% or $104,358 at 6%.
Hoover Construction Company 401(K) Plan and Trust-28$5,708,233$350,643$12,523iApproximate average salary by contribution assumption: employee only about $313,074 at 4% or $208,716 at 6%; with 50% employer match about $208,716 at 4% or $139,144 at 6%; with 100% employer match about $156,537 at 4% or $104,358 at 6%.
2020130$5,866,847$714,703$23,823iApproximate average salary by contribution assumption: employee only about $595,586 at 4% or $397,057 at 6%; with 50% employer match about $397,057 at 4% or $264,705 at 6%; with 100% employer match about $297,793 at 4% or $198,529 at 6%.
Hoover Construction Company 401(K) Plan and Trust-30$5,866,847$714,703$23,823iApproximate average salary by contribution assumption: employee only about $595,586 at 4% or $397,057 at 6%; with 50% employer match about $397,057 at 4% or $264,705 at 6%; with 100% employer match about $297,793 at 4% or $198,529 at 6%.
2019130$3,966,806$150,735$5,025iApproximate average salary by contribution assumption: employee only about $125,613 at 4% or $83,742 at 6%; with 50% employer match about $83,742 at 4% or $55,828 at 6%; with 100% employer match about $62,806 at 4% or $41,871 at 6%.
Hoover Construction Company 401(K) Plan and Trust-30$3,966,806$150,735$5,025iApproximate average salary by contribution assumption: employee only about $125,613 at 4% or $83,742 at 6%; with 50% employer match about $83,742 at 4% or $55,828 at 6%; with 100% employer match about $62,806 at 4% or $41,871 at 6%.
2018127$4,518,559$351,909$13,034iApproximate average salary by contribution assumption: employee only about $325,842 at 4% or $217,228 at 6%; with 50% employer match about $217,228 at 4% or $144,819 at 6%; with 100% employer match about $162,921 at 4% or $108,614 at 6%.
Hoover Construction Company 401(K) Plan and Trust-27$4,518,559$351,909$13,034iApproximate average salary by contribution assumption: employee only about $325,842 at 4% or $217,228 at 6%; with 50% employer match about $217,228 at 4% or $144,819 at 6%; with 100% employer match about $162,921 at 4% or $108,614 at 6%.
2017127$3,957,417$282,219$10,453iApproximate average salary by contribution assumption: employee only about $261,314 at 4% or $174,209 at 6%; with 50% employer match about $174,209 at 4% or $116,140 at 6%; with 100% employer match about $130,657 at 4% or $87,105 at 6%.
Hoover Construction Company 401(K) Plan and Trust-27$3,957,417$282,219$10,453iApproximate average salary by contribution assumption: employee only about $261,314 at 4% or $174,209 at 6%; with 50% employer match about $174,209 at 4% or $116,140 at 6%; with 100% employer match about $130,657 at 4% or $87,105 at 6%.
2016127$3,923,776$302,008$11,185iApproximate average salary by contribution assumption: employee only about $279,637 at 4% or $186,425 at 6%; with 50% employer match about $186,425 at 4% or $124,283 at 6%; with 100% employer match about $139,819 at 4% or $93,212 at 6%.
Hoover Construction Company 401(K) Plan and Trust-27$3,923,776$302,008$11,185iApproximate average salary by contribution assumption: employee only about $279,637 at 4% or $186,425 at 6%; with 50% employer match about $186,425 at 4% or $124,283 at 6%; with 100% employer match about $139,819 at 4% or $93,212 at 6%.
2015126$3,231,769$270,045$10,386iApproximate average salary by contribution assumption: employee only about $259,659 at 4% or $173,106 at 6%; with 50% employer match about $173,106 at 4% or $115,404 at 6%; with 100% employer match about $129,829 at 4% or $86,553 at 6%.
Hoover Construction Company 401(K) Plan and Trust-26$3,231,769$270,045$10,386iApproximate average salary by contribution assumption: employee only about $259,659 at 4% or $173,106 at 6%; with 50% employer match about $173,106 at 4% or $115,404 at 6%; with 100% employer match about $129,829 at 4% or $86,553 at 6%.
2014124$3,274,288$328,119$13,672iApproximate average salary by contribution assumption: employee only about $341,791 at 4% or $227,860 at 6%; with 50% employer match about $227,860 at 4% or $151,907 at 6%; with 100% employer match about $170,895 at 4% or $113,930 at 6%.
Hoover Construction Company 401(K) Plan and Trust-24$3,274,288$328,119$13,672iApproximate average salary by contribution assumption: employee only about $341,791 at 4% or $227,860 at 6%; with 50% employer match about $227,860 at 4% or $151,907 at 6%; with 100% employer match about $170,895 at 4% or $113,930 at 6%.
2013123$2,790,314$234,963$10,216iApproximate average salary by contribution assumption: employee only about $255,395 at 4% or $170,263 at 6%; with 50% employer match about $170,263 at 4% or $113,509 at 6%; with 100% employer match about $127,697 at 4% or $85,132 at 6%.
Hoover Construction Company 401(K) Plan and Trust-23$2,790,314$234,963$10,216iApproximate average salary by contribution assumption: employee only about $255,395 at 4% or $170,263 at 6%; with 50% employer match about $170,263 at 4% or $113,509 at 6%; with 100% employer match about $127,697 at 4% or $85,132 at 6%.
2012121$2,466,125$209,384$9,971iApproximate average salary by contribution assumption: employee only about $249,267 at 4% or $166,178 at 6%; with 50% employer match about $166,178 at 4% or $110,785 at 6%; with 100% employer match about $124,633 at 4% or $83,089 at 6%.
Hoover Construction Company 401(K) Plan and Trust-21$2,466,125$209,384$9,971iApproximate average salary by contribution assumption: employee only about $249,267 at 4% or $166,178 at 6%; with 50% employer match about $166,178 at 4% or $110,785 at 6%; with 100% employer match about $124,633 at 4% or $83,089 at 6%.
2011118$2,125,248$223,574$12,421iApproximate average salary by contribution assumption: employee only about $310,519 at 4% or $207,013 at 6%; with 50% employer match about $207,013 at 4% or $138,009 at 6%; with 100% employer match about $155,260 at 4% or $103,506 at 6%.
Hoover Construction Company 401(K) Plan and Trust-18$2,125,248$223,574$12,421iApproximate average salary by contribution assumption: employee only about $310,519 at 4% or $207,013 at 6%; with 50% employer match about $207,013 at 4% or $138,009 at 6%; with 100% employer match about $155,260 at 4% or $103,506 at 6%.
2010116$1,913,719$243,489$15,218iApproximate average salary by contribution assumption: employee only about $380,452 at 4% or $253,634 at 6%; with 50% employer match about $253,634 at 4% or $169,090 at 6%; with 100% employer match about $190,226 at 4% or $126,817 at 6%.
Hoover Construction Company 401(K) Plan and Trust-16$1,913,719$243,489$15,218iApproximate average salary by contribution assumption: employee only about $380,452 at 4% or $253,634 at 6%; with 50% employer match about $253,634 at 4% or $169,090 at 6%; with 100% employer match about $190,226 at 4% or $126,817 at 6%.
2009119$1,501,290$94,127$4,954iApproximate average salary by contribution assumption: employee only about $123,851 at 4% or $82,568 at 6%; with 50% employer match about $82,568 at 4% or $55,045 at 6%; with 100% employer match about $61,926 at 4% or $41,284 at 6%.
Hoover Construction Company 401(K) Plan and Trust-19$1,501,290$94,127$4,954iApproximate average salary by contribution assumption: employee only about $123,851 at 4% or $82,568 at 6%; with 50% employer match about $82,568 at 4% or $55,045 at 6%; with 100% employer match about $61,926 at 4% or $41,284 at 6%.
2008116$0$0-
Hoover Construction Company 401(K) Plan and Trust-16---
2007114$0$0-
Hoover Construction Company 401(K) Plan and Trust-14---
2006217$1,640,674$193,789$11,399iApproximate average salary by contribution assumption: employee only about $284,984 at 4% or $189,989 at 6%; with 50% employer match about $189,989 at 4% or $126,659 at 6%; with 100% employer match about $142,492 at 4% or $94,995 at 6%.
Hoover Construction Company 401(K) Plan and Trust-17$1,640,674$193,789$11,399iApproximate average salary by contribution assumption: employee only about $284,984 at 4% or $189,989 at 6%; with 50% employer match about $189,989 at 4% or $126,659 at 6%; with 100% employer match about $142,492 at 4% or $94,995 at 6%.
Hoover Construction Co. Money Purchase Pension Plan and Trust-0---
2005118$2,209,265$117,305$6,517iApproximate average salary by contribution assumption: employee only about $162,924 at 4% or $108,616 at 6%; with 50% employer match about $108,616 at 4% or $72,410 at 6%; with 100% employer match about $81,462 at 4% or $54,308 at 6%.
Hoover Construction Co. Money Purchase Pension Plan and Trust-18$2,209,265$117,305$6,517iApproximate average salary by contribution assumption: employee only about $162,924 at 4% or $108,616 at 6%; with 50% employer match about $108,616 at 4% or $72,410 at 6%; with 100% employer match about $81,462 at 4% or $54,308 at 6%.
2004117$2,651,837$108,283$6,370iApproximate average salary by contribution assumption: employee only about $159,240 at 4% or $106,160 at 6%; with 50% employer match about $106,160 at 4% or $70,773 at 6%; with 100% employer match about $79,620 at 4% or $53,080 at 6%.
Hoover Construction Co. Money Purchase Pension Plan and Trust-17$2,651,837$108,283$6,370iApproximate average salary by contribution assumption: employee only about $159,240 at 4% or $106,160 at 6%; with 50% employer match about $106,160 at 4% or $70,773 at 6%; with 100% employer match about $79,620 at 4% or $53,080 at 6%.
2003117$2,432,438$100,092$5,888iApproximate average salary by contribution assumption: employee only about $147,194 at 4% or $98,129 at 6%; with 50% employer match about $98,129 at 4% or $65,420 at 6%; with 100% employer match about $73,597 at 4% or $49,065 at 6%.
Hoover Construction Co. Money Purchase Pension Plan and Trust-17$2,432,438$100,092$5,888iApproximate average salary by contribution assumption: employee only about $147,194 at 4% or $98,129 at 6%; with 50% employer match about $98,129 at 4% or $65,420 at 6%; with 100% employer match about $73,597 at 4% or $49,065 at 6%.
2002117$0$0-
Hoover Construction Co. Money Purchase Pension Plan and Trust-17---
2001115$0$0-
Hoover Construction Co. Money Purchase Pension Plan and Trust-15---
2000113$2,206,431$74,439$5,726iApproximate average salary by contribution assumption: employee only about $143,152 at 4% or $95,435 at 6%; with 50% employer match about $95,435 at 4% or $63,623 at 6%; with 100% employer match about $71,576 at 4% or $47,717 at 6%.
Hoover Construction Co. Money Purchase Pension Plan and Trust-13$2,206,431$74,439$5,726iApproximate average salary by contribution assumption: employee only about $143,152 at 4% or $95,435 at 6%; with 50% employer match about $95,435 at 4% or $63,623 at 6%; with 100% employer match about $71,576 at 4% or $47,717 at 6%.
1999111$2,476,637$69,255$6,296iApproximate average salary by contribution assumption: employee only about $157,398 at 4% or $104,932 at 6%; with 50% employer match about $104,932 at 4% or $69,955 at 6%; with 100% employer match about $78,699 at 4% or $52,466 at 6%.
Hoover Construction Co. Money Purchase Pension Plan and Trust-11$2,476,637$69,255$6,296iApproximate average salary by contribution assumption: employee only about $157,398 at 4% or $104,932 at 6%; with 50% employer match about $104,932 at 4% or $69,955 at 6%; with 100% employer match about $78,699 at 4% or $52,466 at 6%.