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 Enterprise Corporation, Inc. 401(K) Savings Plan is a benefit plan reported by Hope Enterprise Corporation, Inc. under EIN 64-0851798 and plan number 001. The latest loaded filing year is 2023. The filing reports 355 participants and $11,282,544 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $11,282,544
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $11,282,544
- Net assets (BOY)
- $8,981,023
Income & contributions
- Employer contributions
- $405,277
- Participant contributions
- $678,766
- Total contributions
- $1,100,621
- Total income / additions
- $2,806,616
Expenses & distributions
- Benefits paid
- $492,635
- Administrative expenses
- $12,460
- Total expenses
- $505,095
- Net increase / (decrease)
- $2,301,521