401(k) · DOL Form 5500 · 2022

Bank of Hope 401(k) Plan

Data updated 2026-08-11

$179M
Total assets
1,404
Participants
95th
Percentile by assets
$127,609
Avg per participant
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Official DOL plan name: Bank of Hope 401(k) Retirement Plan · Sponsored by Bank of Hope · California · Finance & Insurance

$179M in assets, 1,404 participants

Bank of Hope's Bank of Hope 401(k) Retirement Plan reported $179M in total assets and 1,404 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #8,520 in Finance & Insurance (9,261 peers)

Coverage in California

Bank of Hope 401(k) Retirement Plan covers 1,404 participants in California, 2.2x the typical California plan (state average ~630 per filing). Assets: $179M.

$179M
total plan assets (2022 EOY)
1,404
covered participants
95th
percentile by assets (of 139,126 plans)
$127,609
avg assets per participant

The plan reported a net loss of $24M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs California filers

In California, the average filing covers about 630 participants across 15,291 plans. Bank of Hope 401(k) Retirement Plan reports 1,404 participants - 2.2x that state average ($179M EOY assets).

California filing particulars

Total Assets (Beginning of Year)$203M
Net Assets (End of Year)$179M
Net Income-$24M
Employer EIN953972168
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bank of Hope)

$150M$200M$250M$300M$350M 202220232024 $179M $326M ▲ +82.2%
Total plan assets by year, all Bank of Hope plans on file
Year Plans Participants Total Assets
2022 1 1,404 $179M
2023 1 1,487 $219M
2024 4 1,790 $326M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Bank of Hope 401(k) Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants

Bank of Hope 401(k) Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Bank of Hope 401(k) …Wells Fargo & Compan…Google LLC 401(k) Sa…Oracle Corporation 4…Chevron Employee Sav…Intel 401(k) Savings…
Bank of Hope 401(k) Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Bank of Hope 401(k) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Bank of Hope 401(k) Retirement Plan assets move in 2022?
Bank of Hope 401(k) Retirement Plan pulled back noticeably - down 11.8% during 2022, from $203M to $179M. Reported net income was -$24M.
How have Bank of Hope plan assets changed over time?
Across 3 plan years on file (2022-2024), Bank of Hope's sponsor-wide assets grew 82.2%, from $179M to $326M.
Where does Bank of Hope 401(k) Retirement Plan rank by assets among Form 5500 filers?
Bank of Hope 401(k) Retirement Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Bank of Hope 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Uhy Savings Plan in MI ($179M, 1,029 participants).

Next read for Bank of Hope 401(k) Retirement Plan

Filing takeaways

Ways to act on Bank of Hope 401(k) Retirement Plan's numbers.