Profit Sharing · DOL Form 5500 · 2023

New Hope Community, Inc. Profit Sharing Plan

Data updated 2026-08-11

$15M
Total assets
483
Participants
67th
Percentile by assets
$30,280
Avg per participant
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Official DOL plan name: New Hope Community, Inc. Retirement Plan · Sponsored by New Hope Community, Inc. · New York · Healthcare & Social Assistance

$15M in assets, 483 participants

New Hope Community, Inc.'s New Hope Community, Inc. Retirement Plan reported $15M in total assets and 483 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

  • 67th percentile by assets (of 127,072 plans)
  • #12,686 in Healthcare & Social Assistance (17,684 peers)

2023 asset change

New Hope Community, Inc. Retirement Plan grew at a solid clip 12.1% in 2023 ($13M → $15M) for 483 participants.

$15M
total plan assets (2023 EOY)
483
covered participants
67th
percentile by assets (of 127,072 plans)
$30,280
avg assets per participant

Where New Hope Community, Inc. Retirement Plan sits by total assets

New Hope Community, Inc. Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$14,625,164 Top 33% higher than 67% of 127,068 filed plans

This plan $0 $2,010,000,000 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • New Hope Community, Inc. Retirement Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • New Hope Community, Inc. Retirement Plan end-of-year assets rose from $13M in the plan year 2022 filing to $15M in the plan year 2023 filing.
  • New Hope Community, Inc. Retirement Plan reported participants rose from 469 in the plan year 2022 filing to 483 in the plan year 2023 filing.

See the national 2022→2023 release diff →

2023 asset move for New Hope Community, Inc. Retirement Plan

Year over year, total assets grew at a solid clip from $13M at the start of 2023 to $15M at year-end (up 12.1%). Net assets closed at $15M; reported net income $2M.

New Hope Community, Inc. years around the 2023 move

$13.5M$14M$14.5M$15M$15.5M 202220232024 $13.9M $15.2M ▲ +9.7%
Total plan assets by year, all New Hope Community, Inc. plans on file
Year Plans Participants Total Assets
2022 2 601 $14M
2023 1 483 $15M
2024 1 497 $15M

2023 asset-move particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$15M
Net Income$2M
Employer EIN222871755
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in New York

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

New Hope Community, Inc. Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

New Hope Community, Inc. Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.522.5 Total assets ($B) Participants New Hope Community, …Annuity Plan of the …Annuity Fund Iuoe Lo…Annuity Fd of the Iu…The Research Foundat…Mason Tenders Distri…
New Hope Community, Inc. Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to New Hope Community, Inc. Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did New Hope Community, Inc. Retirement Plan assets move in 2023?
New Hope Community, Inc. Retirement Plan grew at a solid clip - up 12.1% during 2023, from $13M to $15M. Reported net income was $2M.
How have New Hope Community, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), New Hope Community, Inc.'s sponsor-wide assets grew 9.6%, from $14M to $15M.
Which Profit Sharing plans are similar in size to New Hope Community, Inc. Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is Suzanna's Kitchen, Inc. 401(k) and Profit Sharing Plan in GA ($15M, 278 participants).

Next read for New Hope Community, Inc. Retirement Plan

2023 change

Ways to act on New Hope Community, Inc. Retirement Plan's numbers.