Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

403(b) Thrift Plan of New Hope Housing, Inc.

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

Sponsored by New Hope Housing, Inc. · Virginia · Healthcare & Social Assistance

What the 2023 filing shows

403(b) Thrift Plan of New Hope Housing, Inc. holds $4M for 150 participants — about $23,498 per participant, up 9.9% over the 2022 plan year.

$4M
total plan assets (2022 EOY)
150
covered participants
$23,498
avg assets per participant
+9.9%
assets growth YoY
Total Assets (2023)
$4M
Participants
150
State
Industry
Healthcare & Social Assistance

What the Filing Says About 403(b) Thrift Plan of New Hope Housing, Inc.

403(b) Thrift Plan of New Hope Housing, Inc. is a Profit Sharing retirement plan sponsored by New Hope Housing, Inc., headquartered in Virginia. As of the 2022 Form 5500 filing, the plan reports $4M in total end-of-year assets and covers 150 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 541060634, and the plan has been effective since 1988-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $3M at the beginning of 2022 to $4M at year-end — a gain of 9.9%. Net assets (after liabilities) closed the year at $4M, with reported net income of $318K 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 1 prior plan-year filing 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)$3M
Total Assets (End of Year)$4M
Net Assets (End of Year)$4M
Net Income$318K
Plan TypeProfit Sharing
Employer EIN541060634
Plan Effective Date1988-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (New Hope Housing, Inc.)

Year Plans Participants Total Assets
2022 1 150 $4M
2023 1 210 $4M

Nearby Profit Sharing Plans in Virginia

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

Frequently Asked Questions

How much money is in the 403(b) Thrift Plan of New Hope Housing, Inc.?
As of the 2022 Form 5500 filing, 403(b) Thrift Plan of New Hope Housing, Inc. holds $4M in total assets with 150 participants. It is sponsored by New Hope Housing, Inc..
What type of plan is 403(b) Thrift Plan of New Hope Housing, Inc.?
403(b) Thrift Plan of New Hope Housing, Inc. is a Profit Sharing plan. It has been effective since 1988-07-01. The plan is filed with the U.S. Department of Labor under EIN 541060634.
Who sponsors the 403(b) Thrift Plan of New Hope Housing, Inc.?
403(b) Thrift Plan of New Hope Housing, Inc. is sponsored by New Hope Housing, Inc., located in Virginia. The sponsor's EIN is 541060634 and the plan operates in the Healthcare & Social Assistance industry.
How did 403(b) Thrift Plan of New Hope Housing, Inc. perform in 2022?
403(b) Thrift Plan of New Hope Housing, Inc. grew by 9.9% during 2022, moving from $3M to $4M in total assets. Net income was $318K.
Where can I find official filings for 403(b) Thrift Plan of New Hope Housing, Inc.?
Official Form 5500 filings for 403(b) Thrift Plan of New Hope Housing, Inc. are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 541060634 or plan name at efast.dol.gov.
How does 403(b) Thrift Plan of New Hope Housing, Inc. compare to other plans?
You can compare 403(b) Thrift Plan of New Hope Housing, Inc. against other Profit Sharing plans on the plan type page, or view plans in Virginia on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 541060634.

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