Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED TAX SHELTERED ANNUITY PLAN

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

HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED

This Profit Sharing plan holds $3M in total assets and serves 334 participants as of 2022. It is sponsored by HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED in New Jersey. The plan reported positive net income of $477K for the year.

Total Assets (2023)
$3M
Participants
334
State
Industry
Healthcare & Social Assistance

What the Filing Says About HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED TAX SHELTERED ANNUITY PLAN

HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED TAX SHELTERED ANNUITY PLAN is a Profit Sharing retirement plan sponsored by HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED, headquartered in New Jersey. As of the 2022 Form 5500 filing, the plan reports $3M in total end-of-year assets and covers 334 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 221801849, and the plan has been effective since 1997-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $2M at the beginning of 2022 to $3M at year-end — a gain of 22.4%. Net assets (after liabilities) closed the year at $3M, with reported net income of $477K 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)$2M
Total Assets (End of Year)$3M
Net Assets (End of Year)$3M
Net Income$477K
Plan TypeProfit Sharing
Employer EIN221801849
Plan Effective Date1997-07-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New Jersey

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

Frequently Asked Questions

How much money is in the HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED TAX SHELTERED ANNUITY PLAN?
As of the 2022 Form 5500 filing, HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED TAX SHELTERED ANNUITY PLAN holds $3M in total assets with 334 participants. It is sponsored by HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED.
What type of plan is HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED TAX SHELTERED ANNUITY PLAN?
HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED TAX SHELTERED ANNUITY PLAN is a Profit Sharing plan. It has been effective since 1997-07-01. The plan is filed with the U.S. Department of Labor under EIN 221801849.
Who sponsors the HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED TAX SHELTERED ANNUITY PLAN?
HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED TAX SHELTERED ANNUITY PLAN is sponsored by HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED, located in New Jersey. The sponsor's EIN is 221801849 and the plan operates in the Healthcare & Social Assistance industry.
How did HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED TAX SHELTERED ANNUITY PLAN perform in 2022?
HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED TAX SHELTERED ANNUITY PLAN grew by 22.4% during 2022, moving from $2M to $3M in total assets. Net income was $477K.
Where can I find official filings for HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED TAX SHELTERED ANNUITY PLAN?
Official Form 5500 filings for HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED TAX SHELTERED ANNUITY PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 221801849 or plan name at efast.dol.gov.
How does HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED TAX SHELTERED ANNUITY PLAN compare to other plans?
You can compare HOPES COMMUNITY ACTION PARTNERSHIP, INCORPORATED TAX SHELTERED ANNUITY PLAN against other Profit Sharing plans on the plan type page, or view plans in New Jersey 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 221801849.

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.