401(k)
2022 plan-year 401(k) DOL Form 5500

PROMISE HOUSE, INC. 401(K) PLAN

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

PROMISE HOUSE, INC.

This 401(k) plan holds $659K in total assets and serves 78 participants as of 2022. It is sponsored by PROMISE HOUSE, INC. in Texas. The plan reported a net loss of $304K for the year.

Total Assets (2023)
$659K
Participants
78
State
Industry
Healthcare & Social Assistance

What the Filing Says About PROMISE HOUSE, INC. 401(K) PLAN

PROMISE HOUSE, INC. 401(K) PLAN is a 401(k) retirement plan sponsored by PROMISE HOUSE, INC., headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $659K in total end-of-year assets and covers 78 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 752180083, and the plan has been effective since 2007-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $963K at the beginning of 2022 to $659K at year-end — a decline of 31.6%. Net assets (after liabilities) closed the year at $659K, with reported net income of $-304,266 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.

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)$963K
Total Assets (End of Year)$659K
Net Assets (End of Year)$659K
Net Income$-304,266
Plan Type401(k)
Employer EIN752180083
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

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Frequently Asked Questions

How much money is in the PROMISE HOUSE, INC. 401(K) PLAN?
As of the 2022 Form 5500 filing, PROMISE HOUSE, INC. 401(K) PLAN holds $659K in total assets with 78 participants. It is sponsored by PROMISE HOUSE, INC..
What type of plan is PROMISE HOUSE, INC. 401(K) PLAN?
PROMISE HOUSE, INC. 401(K) PLAN is a 401(k) plan. It has been effective since 2007-01-01. The plan is filed with the U.S. Department of Labor under EIN 752180083.
Who sponsors the PROMISE HOUSE, INC. 401(K) PLAN?
PROMISE HOUSE, INC. 401(K) PLAN is sponsored by PROMISE HOUSE, INC., located in Texas. The sponsor's EIN is 752180083 and the plan operates in the Healthcare & Social Assistance industry.
How did PROMISE HOUSE, INC. 401(K) PLAN perform in 2022?
PROMISE HOUSE, INC. 401(K) PLAN declined by 31.6% during 2022, moving from $963K to $659K in total assets. Net income was $-304,266.
Where can I find official filings for PROMISE HOUSE, INC. 401(K) PLAN?
Official Form 5500 filings for PROMISE HOUSE, INC. 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 752180083 or plan name at efast.dol.gov.
How does PROMISE HOUSE, INC. 401(K) PLAN compare to other plans?
You can compare PROMISE HOUSE, INC. 401(K) PLAN against other 401(k) plans on the plan type page, or view plans in Texas 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 752180083.

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.