Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

HOPE CHRISTIAN SCHOOLS, INC. 403(B) PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

HOPE CHRISTIAN SCHOOLS, INC.

This Profit Sharing plan holds $4M in total assets and serves 161 participants as of 2022. It is sponsored by HOPE CHRISTIAN SCHOOLS, INC. in New Mexico. The plan reported a net loss of $506K for the year.

Total Assets (2023)
$4M
Participants
161
State
Industry
Educational Services

What the Filing Says About HOPE CHRISTIAN SCHOOLS, INC. 403(B) PLAN

HOPE CHRISTIAN SCHOOLS, INC. 403(B) PLAN is a Profit Sharing retirement plan sponsored by HOPE CHRISTIAN SCHOOLS, INC., headquartered in New Mexico. As of the 2022 Form 5500 filing, the plan reports $4M in total end-of-year assets and covers 161 participants across the Educational Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 850244670, and the plan has been effective since 1995-10-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $5M at the beginning of 2022 to $4M at year-end — a decline of 10.3%. Net assets (after liabilities) closed the year at $4M, with reported net income of $-506,077 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$5M
Total Assets (End of Year)$4M
Net Assets (End of Year)$4M
Net Income$-506,077
Plan TypeProfit Sharing
Employer EIN850244670
Plan Effective Date1995-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (HOPE CHRISTIAN SCHOOLS, INC.)

Year Plans Participants Total Assets
2022 1 161 $4M
2023 1 163 $5M
2024 1 166 $6M

Nearby Profit Sharing Plans in New Mexico

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Frequently Asked Questions

How much money is in the HOPE CHRISTIAN SCHOOLS, INC. 403(B) PLAN?
As of the 2022 Form 5500 filing, HOPE CHRISTIAN SCHOOLS, INC. 403(B) PLAN holds $4M in total assets with 161 participants. It is sponsored by HOPE CHRISTIAN SCHOOLS, INC..
What type of plan is HOPE CHRISTIAN SCHOOLS, INC. 403(B) PLAN?
HOPE CHRISTIAN SCHOOLS, INC. 403(B) PLAN is a Profit Sharing plan. It has been effective since 1995-10-01. The plan is filed with the U.S. Department of Labor under EIN 850244670.
Who sponsors the HOPE CHRISTIAN SCHOOLS, INC. 403(B) PLAN?
HOPE CHRISTIAN SCHOOLS, INC. 403(B) PLAN is sponsored by HOPE CHRISTIAN SCHOOLS, INC., located in New Mexico. The sponsor's EIN is 850244670 and the plan operates in the Educational Services industry.
How did HOPE CHRISTIAN SCHOOLS, INC. 403(B) PLAN perform in 2022?
HOPE CHRISTIAN SCHOOLS, INC. 403(B) PLAN declined by 10.3% during 2022, moving from $5M to $4M in total assets. Net income was $-506,077.
Where can I find official filings for HOPE CHRISTIAN SCHOOLS, INC. 403(B) PLAN?
Official Form 5500 filings for HOPE CHRISTIAN SCHOOLS, INC. 403(B) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 850244670 or plan name at efast.dol.gov.
How does HOPE CHRISTIAN SCHOOLS, INC. 403(B) PLAN compare to other plans?
You can compare HOPE CHRISTIAN SCHOOLS, INC. 403(B) PLAN against other Profit Sharing plans on the plan type page, or view plans in New Mexico on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 850244670.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.