2023 Form 5500 filing — Hope Leasing 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241003145307NAL0009970113001) for Hope Leasing 401(K) Plan, reported by Hope Leasing under EIN 74-2431550 and plan number 002. It reports 332 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003145307NAL0009970113001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Hope Leasing
- EIN
- 74-2431550
- Plan number
- 002
- Location
- El Paso, TX
- Participants
- 332
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,249,526
- Total liabilities (EOY)
- $15,875
- Net assets (EOY)
- $6,233,651
- Employer contributions
- $146,727
- Participant contributions
- $381,507
- Total income / additions
- $1,429,157
- Benefits paid
- $457,350
- Administrative expenses
- $42,615
- Total expenses
- $499,965
- Net increase / (decrease)
- $929,192
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| J Beaver Investment Advisors | INVESTMENT ADVISOR | $26,934 | not reported in the loaded dataset |
| Austin Capital Retirement Plan Serv | RECORDKEEPER/TPA | $15,781 | $0 |
| Mg Trust Company | CUSTODIAL | $0 | $0 |