Other · DOL Form 5500 · 2022

Hope Network Retirement Plan

Data updated 2026-08-25

$42M
Total assets Below avg plan size
2,783
Participants Above avg headcount
86th
Percentile by assets National rank
$15,044
Avg per participant Low balance/head
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Official DOL plan name: Hope Network Employee 403(b) Plan · Sponsored by Hope Network · Michigan · Healthcare & Social Assistance

$42M in assets, 2,783 participants

Hope Network's Hope Network Employee 403(b) Plan reported $42M in total assets and 2,783 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #17,768 in Healthcare & Social Assistance (20,060 peers)

Coverage in Michigan

Hope Network Employee 403(b) Plan covers 2,783 participants in Michigan, 4.4x the typical Michigan plan (state average ~638 per filing). Assets: $42M.

#17,768
in Healthcare & Social Assistance (20,060 peers)
-17.7%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $9M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hope Network Employee 403(b) Plan's outsized position by total assets

Hope Network Employee 403(b) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$41,868,397 Top 14% higher than 86% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Hope Network Employee 403(b) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hope Network Employee 403(b) Plan lands in the large band (2,783 participants).

DOL schedule card

Filing strip 386108186 · Hope Network PY 2022 · Other

Hope Network Employee 403(b) Plan · $42M · 2,783 · 86th

  • VS-ST $42M
  • BOY 2,783
  • SCH 86th
  • EBSA Other
  • PART near Brandeis University Defined Contribution Retirement Plan for Nonexempt Employees
  • TYPE ind #17768

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Healthcare & Social Assistance retirement plans → · Plans in Michigan →

Hope Network Employee 403(b) Plan in the asset neighbourhood

Retirement Plan of Rome Memorial Hospital, Inc.Retirement Plan of Rome Memo…$42MBrandeis University Defined Contribution Retirement Plan for Nonexempt EmployeesBrandeis University Defined …$42MHope Network Employee 403(b) PlanHope Network Employee 403(b)…$42MWorcester Academy DC Retirement PlanWorcester Academy DC Retirem…$42MMorristown-Beard School Defined Contribution Retirement PlanMorristown-Beard School Defi…$42M
End-of-year total assets ($M) among Hope Network Employee 403(b) Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$51M
Net Assets (End of Year)$42M
Net Income-$9M
Employer EIN386108186
Plan Effective Date1970-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hope Network)

Sponsor-wide plan assets over time

All Hope Network plans reported in each filing year

Latest sponsor-wide plan assets
$55M 30.367603994965464% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $41.9M $54.6M ▲ +30.4%
Year Plans Participants Total Assets
2022 1 2,783 $42M
2023 1 2,490 $49M
2024 1 2,795 $55M

Nearby Other Plans in Michigan

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

Hope Network Employee 403(b) Plan vs. nearby Other plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0200004000060000 -1012345 Total assets ($B) Participants Hope Network Employee 403(b) Plan, Total assets ($B): 0.041868397 · Participants: 2783Hope Network Employee 403(b) PlanFca US LLC Salaried Employees' Savings Plan, Total assets ($B): 4.271049081 · Participants: 17796Fca US LLC Salaried Employees' Savings PlanFca US LLC UAW Savings Plan, Total assets ($B): 4.120620788 · Participants: 52211Fca US LLC UAW Savings PlanSpectrum Health System 403(b) Plan, Total assets ($B): 2.34463562 · Participants: 26631Spectrum Health System 403(b) PlanBeaumont Health 403(b) Retirement Savings Plan, Total assets ($B): 2.23567862 · Participants: 33585Beaumont Health 403(b) Retirement Savings PlanMclaren Employees' 403(b) Retirement Plan, Total assets ($B): 1.449747534 · Participants: 21255Mclaren Employees' 403(b) Retirement Plan
Hope Network Employee 403(b) Plan vs. nearby Other plans in Michigan, assets vs. participants
Compare Hope Network Employee 403(b) Plan side-by-side with 3 peers →

Hope Network Employee 403(b) Plan's out-of-state Other peers by assets and headcount

Outside Michigan, the nearest Other by assets is Brandeis University Defined Contribution Retirement Plan for Nonexempt Employees in MA ($42M); by covered participants it is Retirement Plus of Memorial Health System Hospitals in OH (2,785 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,783 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hope Network Employee 403(b) Plan assets move in 2022? ▼
Hope Network Employee 403(b) Plan declined sharply - down 17.7% during 2022, from $51M to $42M. Reported net income was -$9M.
How have Hope Network plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hope Network's sponsor-wide assets grew 30.4%, from $42M to $55M.
Where does Hope Network Employee 403(b) Plan rank by assets among Form 5500 filers? ▼
Hope Network Employee 403(b) Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Hope Network Employee 403(b) Plan? ▼
Among Other plans in other states, the closest by assets is Brandeis University Defined Contribution Retirement Plan for Nonexempt Employees in MA ($42M, 667 participants).
Which Other plans cover a similar participant headcount to Hope Network Employee 403(b) Plan? ▼
Among Other plans in other states, the closest by covered participants is Retirement Plus of Memorial Health System Hospitals in OH (2,785 participants, $81M in assets).

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 386108186.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.