401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF OPEN HEARTS
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
OPEN HEARTS
This Profit Sharing plan holds $2M in total assets and serves 114 participants as of 2023. It is sponsored by OPEN HEARTS in Arizona. The plan reported positive net income of $475K for the year.
What the Filing Says About 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF OPEN HEARTS
401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF OPEN HEARTS is a Profit Sharing retirement plan sponsored by OPEN HEARTS, headquartered in Arizona. As of the 2023 Form 5500 filing, the plan reports $2M in total end-of-year assets and covers 114 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 860291956, and the plan has been effective since 1997-03-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $2M at the beginning of 2023 to $2M at year-end — a gain of 25.1%. Net assets (after liabilities) closed the year at $2M, with reported net income of $475K 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 2 prior plan-year filings 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) | $2M |
| Total Assets (End of Year) | $2M |
| Net Assets (End of Year) | $2M |
| Net Income | $475K |
| Plan Type | Profit Sharing |
| Employer EIN | 860291956 |
| Plan Effective Date | 1997-03-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (OPEN HEARTS)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 123 | $2M |
| 2023 | 1 | 114 | $2M |
| 2024 | 1 | 131 | $3M |
Nearby Profit Sharing Plans in Arizona
Peer Profit Sharing plans — same state, same plan type — ranked by total assets.
- MICROCHIP TECHNOLOGY INCORPORATED SAVINGS PLAN $1.4B · 6,751
- HONOR HEALTH 403(B) RETIREMENT SECURITY PLAN $1.0B · 13,597
- NORTHERN ARIZONA HEALTHCARE CORPORATION 401(K) PLAN $363M · 3,449
- RESIDEO TECHNOLOGIES, INC. 401(K) PLAN $221M · 3,658
- GRAND CANYON EDUCATION EMPLOYEES 401(K) PLAN $158M · 4,032
Related Data
Guides
Frequently Asked Questions
How much money is in the 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF OPEN HEARTS? ▼
What type of plan is 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF OPEN HEARTS? ▼
Who sponsors the 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF OPEN HEARTS? ▼
How did 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF OPEN HEARTS perform in 2023? ▼
Where can I find official filings for 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF OPEN HEARTS? ▼
How does 401(K) PROFIT-SHARING PLAN FOR EMPLOYEES OF OPEN HEARTS compare to other plans? ▼
Explore PlainRetire
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 860291956.
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.
Read our methodology — how this data is sourced, computed, and verified.