2023 Form 5500 filing — Hope Network Employee 403(B) 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 20241011084456NAL0010738931001) for Hope Network Employee 403(B) Plan, reported by Hope Network under EIN 38-6108186 and plan number 002. It reports 4,292 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$49.1MReported net assets$49,077,994
Participants4.3K4,292
Provider compensation$176.2K3 Schedule C row(s)$176,233
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20241011084456NAL0010738931001
- Plan sponsor
- Hope Network
- EIN
- 38-6108186
- Plan number
- 002
- Location
- Grand Rapids, MI
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$49.1M total assets
Net assets$49.1MLiabilities$0
Full reported line items
- Total assets (EOY)
- $49,077,994
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $49,077,994
- Employer contributions
- $665,136
- Participant contributions
- $2,849,430
- Total income / additions
- $11,403,065
- Benefits paid
- $3,970,512
- Administrative expenses
- $180,407
- Total expenses
- $4,193,468
- Net increase / (decrease)
- $7,209,597
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lincoln National Corporation | SERVICE PROVIDER | $147,484 | $0 |
| Envestnet Retirement Solutions, LLC | INVESTMENT ADVISORY | $25,782 | not reported in the loaded dataset |
| Verdant Graphics LLC | SERVICE PROVIDER | $2,967 | not reported in the loaded dataset |