Plan5500

Hope Network Employee 403(B) Plan — Form 5500 plan (Hope Network)

Plain-English plan 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, Hope Network Employee 403(B) Plan is a benefit plan reported by Hope Network under EIN 38-6108186 and plan number 002. The latest loaded filing year is 2023. The filing reports 4,292 participants and $49,077,994 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Hope Network
EIN
38-6108186
Plan number
002
Plan type
2
Location
Grand Rapids, MI
Latest filing year
2023
Participants
4,292
End-of-year plan assets
$49,077,994

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20234,292H, C20241011084456NAL0010738931001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$49,077,994
Total liabilities (EOY)
$0
Net assets (EOY)
$49,077,994
Net assets (BOY)
$41,868,397

Income & contributions

Employer contributions
$665,136
Participant contributions
$2,849,430
Total contributions
$4,158,447
Total income / additions
$11,403,065

Expenses & distributions

Benefits paid
$3,970,512
Administrative expenses
$180,407
Total expenses
$4,193,468
Net increase / (decrease)
$7,209,597

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Lincoln National CorporationSERVICE PROVIDER$147,484$02023
Envestnet Retirement Solutions, LLCINVESTMENT ADVISORY$25,782not reported in the loaded dataset2023
Verdant Graphics LLCSERVICE PROVIDER$2,967not reported in the loaded dataset2023

Related Form 5500 pages