Hope Leasing 401(K) Plan — Form 5500 plan (Hope Leasing)
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 Leasing 401(K) Plan is a benefit plan reported by Hope Leasing under EIN 74-2431550 and plan number 002. The latest loaded filing year is 2023. The filing reports 332 participants and $6,249,526 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Hope Leasing
- EIN
- 74-2431550
- Plan number
- 002
- Plan type
- 2
- Location
- El Paso, TX
- Latest filing year
- 2023
- Participants
- 332
- End-of-year plan assets
- $6,249,526
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 332 | H, C | 20241003145307NAL0009970113001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,249,526
- Total liabilities (EOY)
- $15,875
- Net assets (EOY)
- $6,233,651
- Net assets (BOY)
- $5,304,459
Income & contributions
- Employer contributions
- $146,727
- Participant contributions
- $381,507
- Total contributions
- $528,234
- Total income / additions
- $1,429,157
Expenses & distributions
- Benefits paid
- $457,350
- Administrative expenses
- $42,615
- Total expenses
- $499,965
- Net increase / (decrease)
- $929,192
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| J Beaver Investment Advisors | INVESTMENT ADVISOR | $26,934 | not reported in the loaded dataset | 2023 |
| Austin Capital Retirement Plan Serv | RECORDKEEPER/TPA | $15,781 | $0 | 2023 |
| Mg Trust Company | CUSTODIAL | $0 | $0 | 2023 |