Profit Sharing · DOL Form 5500 · 2022

New Hope Community, Inc. Profit Sharing Plan

Data updated 2026-08-11

$13M
Total assets
469
Participants
70th
Percentile by assets
$27,810
Avg per participant
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Official DOL plan name: New Hope Community, Inc. Retirement Plan · Sponsored by New Hope Community, Inc. · New York · Healthcare & Social Assistance

$13M in assets, 469 participants

New Hope Community, Inc.'s New Hope Community, Inc. Retirement Plan reported $13M in total assets and 469 participants in its 2022 DOL Form 5500 filing, ranking in the 70th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 70th percentile by assets (of 139,126 plans)
  • #15,029 in Healthcare & Social Assistance (20,060 peers)

2022 asset change

New Hope Community, Inc. Retirement Plan declined sharply 17.6% in 2022 ($16M → $13M) for 469 participants.

$13M
total plan assets (2022 EOY)
469
covered participants
70th
percentile by assets (of 139,126 plans)
$27,810
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

2022 asset move for New Hope Community, Inc. Retirement Plan

Year over year, total assets declined sharply from $16M at the start of 2022 to $13M at year-end (down 17.6%). Net assets closed at $13M; reported net income -$3M.

New Hope Community, Inc. years around the 2022 move

$13.5M$14M$14.5M$15M$15.5M 202220232024 $13.9M $15.2M ▲ +9.7%
Total plan assets by year, all New Hope Community, Inc. plans on file
Year Plans Participants Total Assets
2022 2 601 $14M
2023 1 483 $15M
2024 1 497 $15M

2022 asset-move particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$13M
Net Income-$3M
Employer EIN222871755
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

New Hope Community, Inc. Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

New Hope Community, Inc. Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.522.5 Total assets ($B) Participants New Hope Community, …Annuity Plan of the …Annuity Fund Iuoe Lo…Annuity Fd of the Iu…The Research Foundat…Mason Tenders Distri…
New Hope Community, Inc. Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to New Hope Community, Inc. Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did New Hope Community, Inc. Retirement Plan assets move in 2022?
New Hope Community, Inc. Retirement Plan declined sharply - down 17.6% during 2022, from $16M to $13M. Reported net income was -$3M.
How have New Hope Community, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), New Hope Community, Inc.'s sponsor-wide assets grew 9.6%, from $14M to $15M.
Which Profit Sharing plans are similar in size to New Hope Community, Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Defined Contribution Plan of the Mid-Jersey Trucking Industry and Teamsters Local 701 Pension and Annuity Fund in NJ ($13M, 262 participants).

Next read for New Hope Community, Inc. Retirement Plan

2022 change

Ways to act on New Hope Community, Inc. Retirement Plan's numbers.