Other · DOL Form 5500 · 2023

Hope Network Retirement Plan

Data updated 2026-08-25

$49M
Total assets Below avg plan size
2,490
Participants Above avg headcount
85th
Percentile by assets National rank
$19,710
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hope Network Employee 403(b) Plan · Sponsored by Hope Network · Michigan · Administrative & Support Services

$49M in assets, 2,490 participants

Hope Network's Hope Network Employee 403(b) Plan reported $49M in total assets and 2,490 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.

  • #4,059 in Administrative & Support Services (4,372 peers)

Coverage in Michigan

Hope Network Employee 403(b) Plan covers 2,490 participants in Michigan, 3.9x the typical Michigan plan (state average ~638 per filing). Assets: $49M.

#4,059
in Administrative & Support Services (4,372 peers)
+17.2%
assets growth YoY
0.5×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$49,077,994 Top 15% higher than 85% of 127,068 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 2023

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

Plan-year 2023 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 (2,490 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hope Network Employee 403(b) Plan reported net income rose from -$9M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • Hope Network Employee 403(b) Plan end-of-year assets rose from $42M in the plan year 2022 filing to $49M in the plan year 2023 filing.
  • Hope Network Employee 403(b) Plan reported participants fell from 2,783 in the plan year 2022 filing to 2,490 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 386108186 · Hope Network PY 2023 · Other

Hope Network Employee 403(b) Plan · $49M · 2,490 · 85th

  • 5500 $49M
  • 5500 2,490
  • 5500 85th
  • 5500 Other
  • 5500 near Lutheran Seniorlife Employees' Retirement Savings Plan
  • 5500 ind #4059

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 Administrative & Support Services retirement plans → · Plans in Michigan →

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

403(b) Thrift Plan for Employees of the Science Museum of Minnesota403(b) Thrift Plan for Emplo…$49MHope Network Employee 403(b) PlanHope Network Employee 403(b)…$49MLutheran Seniorlife Employees' Retirement Savings PlanLutheran Seniorlife Employee…$49MGreater Lawrence Family Health Center 403(b) PlanGreater Lawrence Family Heal…$49MThe Park School Defined Contribution Retirement PlanThe Park School Defined Cont…$49M
End-of-year total assets ($M) among Hope Network Employee 403(b) Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$42M
Net Assets (End of Year)$49M
Net Income$7M
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 -20246 Total assets ($B) Participants Hope Network Employee 403(b) Plan, Total assets ($B): 0.049077994 · Participants: 2490Hope Network Employee 403(b) PlanFca US LLC Salaried Employees' Savings Plan, Total assets ($B): 4.820440935 · Participants: 16630Fca US LLC Salaried Employees' Savings PlanFca US LLC UAW Savings Plan, Total assets ($B): 4.690971139 · Participants: 49473Fca US LLC UAW Savings PlanBeaumont Health 403(b) Retirement Savings Plan, Total assets ($B): 2.628827189 · Participants: 33717Beaumont Health 403(b) Retirement Savings PlanHenry Ford Health System Heritage 403(b) Plan, Total assets ($B): 1.284257295 · Participants: 15298Henry Ford Health System Heritage 403(b) PlanBronson Healthcare Group, Inc. 403(b) Tax Sheltered Matching Plan, Total assets ($B): 1.034484808 · Participants: 8357Bronson Healthcare Group, Inc. 403(b) Tax Sheltered Matching 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 Lutheran Seniorlife Employees' Retirement Savings Plan in PA ($49M); by covered participants it is Sheet Metal Workers Local Union No 20 Defined Contribution Pension Plan in IN (2,484 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,490 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Hope Network Employee 403(b) Plan grew sharply - up 17.2% during 2023, from $42M to $49M. Reported net income was $7M.
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 85th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Lutheran Seniorlife Employees' Retirement Savings Plan in PA ($49M, 1,177 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 Sheet Metal Workers Local Union No 20 Defined Contribution Pension Plan in IN (2,484 participants, $95M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.