Plan5500

Focus Hope — Form 5500 filings & benefit plans

Form 5500 plan sponsor 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, Focus Hope (EIN 38-1948285) is a plan sponsor located in Detroit, MI with 2 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
38-1948285
Location
Detroit, MI
Loaded plans
2
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for Focus Hope

  • 2 loaded plans hold $2.2M in reported assets.
  • The largest, Focus Hope 401(K) Retirement Plan, holds 100% of this company's reported plan assets.
  • Plans cover 364 reported participants.
  • 1 of 2 plans report full financial statements.
  • 1 report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$2.2MSummed across loaded plans$2,150,174
Total reported assets$2.2M$2,150,174
Total reported participants364
Total reported liabilitiesNot reported

Reported net position

Reported assets = net assets + liabilities (summed)$2.2M total assets
Net assets$2.2MLiabilities—
Contributions & income
Employer contributions$69.9K
Participant contributions$238.9K
Total income / additions$664.3K
Expenses & distributions
Benefits paid / distributions$81K
Total expenses$122.9K
Net increase / (decrease)$541.4K

Data coverage

Plans with financial statements1 / 2 (50%)
Plans with provider compensation1 / 2 (50%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets100%Focus Hope 401(K) Retirement Plan
Participants per plan182Average across loaded plans
Loaded plans2
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    Focus Hope 401(K) Retirement Plan$2.2M
    Plan #002 · 207 participants · 2023
  2. 2
    Focus Hope Colleague Benefit Plannot reported in the loaded dataset
    Plan #501 · 157 participants · 2023

All loaded plans by assets → · By participants → · With financial statements → · With provider compensation →

EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for Focus Hope. Open one for its full reported snapshot.

  1. 2023
    Focus Hope 401(K) Retirement Plan207 participants · 2Sch HSch C
    View filing →
  2. 2023
    Focus Hope Colleague Benefit Plan157 participants · 2No schedules
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does Focus Hope report on Form 5500?
Focus Hope (EIN 38-1948285) reports 2 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for Focus Hope?
The Employer Identification Number (EIN) reported for Focus Hope is 38-1948285.
What is the latest Form 5500 filing year for Focus Hope?
The latest loaded Form 5500 filing year for Focus Hope is 2023.

Related Form 5500 pages