401(k) · DOL Form 5500 · 2023

Bank of Hope 401(k) Plan

Data updated 2026-08-25

$219M
Total assets Near avg plan size
1,487
Participants Near avg headcount
95th
Percentile by assets National rank
$146,944
Avg per participant Above avg balance/head
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Official DOL plan name: Bank of Hope 401(k) Retirement Plan · Sponsored by Bank of Hope · California · Finance & Insurance

$219M in assets, 1,487 participants

Bank of Hope's Bank of Hope 401(k) Retirement Plan reported $219M in total assets and 1,487 participants in its 2023 DOL Form 5500 filing, ranking in the 95th 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.

  • #8,170 in Finance & Insurance (8,869 peers)

Coverage in California

Bank of Hope 401(k) Retirement Plan covers 1,487 participants in California, 2.4x the typical California plan (state average ~630 per filing). Assets: $219M.

#8,170
in Finance & Insurance (8,869 peers)
+22.0%
assets growth YoY
2.2×
vs typical plan assets (national mean)

Bank of Hope 401(k) Retirement Plan's outsized position by total assets

Bank of Hope 401(k) Retirement Plan vs every filed plan by assets

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

$218,506,127 Top 5% higher than 95% 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

Bank of Hope 401(k) Retirement 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. Bank of Hope 401(k) Retirement Plan lands in the large band (1,487 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Bank of Hope 401(k) Retirement Plan reported net income rose from -$24M in the plan year 2022 filing to $39M in the plan year 2023 filing.
  • Bank of Hope 401(k) Retirement Plan end-of-year assets rose from $179M in the plan year 2022 filing to $219M in the plan year 2023 filing.
  • Bank of Hope 401(k) Retirement Plan reported participants rose from 1,404 in the plan year 2022 filing to 1,487 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 953972168 · Bank of Hope PY 2023 · 401(k)

Bank of Hope 401(k) Retirement Plan · $219M · 1,487 · 95th

  • NET $219M
  • NET 1,487
  • NET 95th
  • NET 401(k)
  • NET near Ameresco, Inc. 401(k) Plan
  • NET ind #8170

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 Finance & Insurance retirement plans → · Plans in California →

Bank of Hope 401(k) Retirement Plan in the asset neighbourhood

Hutchinson Technology Incorporated 401(k) PlanHutchinson Technology Incorp…$219MKci Technologies, Inc 401(k) PlanKci Technologies, Inc 401(k)…$219MSprouts Farmers Markets Holdings, LLC Employee 401(k) Savings PlanSprouts Farmers Markets Hold…$219MBank of Hope 401(k) Retirement PlanBank of Hope 401(k) Retireme…$219MAmeresco, Inc. 401(k) Plan$218M
End-of-year total assets ($M) among Bank of Hope 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

California filing particulars

Total Assets (Beginning of Year)$179M
Net Assets (End of Year)$219M
Net Income$39M
Employer EIN953972168
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bank of Hope)

Sponsor-wide plan assets over time

All Bank of Hope plans reported in each filing year

Latest sponsor-wide plan assets
$326M 82.21594432185412% vs 2022
2024 filing year
$150M$200M$250M$300M$350M 202220232024 $179M $326M ▲ +82.2%
Year Plans Participants Total Assets
2022 1 1,404 $179M
2023 1 1,487 $219M
2024 4 1,790 $326M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Bank of Hope 401(k) Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -200204060 Total assets ($B) Participants Bank of Hope 401(k) Retirement Plan, Total assets ($B): 0.218506127 · Participants: 1487Bank of Hope 401(k) Retirement PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 51.831350351 · Participants: 193919Wells Fargo & Company 401(k) PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 39.047152408 · Participants: 122867Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 26.320437734 · Participants: 63105Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 22.17918189 · Participants: 59863Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 19.779511539 · Participants: 106111Apple 401(k) Plan
Bank of Hope 401(k) Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Bank of Hope 401(k) Retirement Plan side-by-side with 3 peers →

Bank of Hope 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside California, the nearest 401(k) by assets is Ameresco, Inc. 401(k) Plan in MA ($218M); by covered participants it is Hess Corporation Employees' Savings Plan in TX (1,487 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($219M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,487 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 Bank of Hope 401(k) Retirement Plan assets move in 2023? ▼
Bank of Hope 401(k) Retirement Plan grew sharply - up 22.0% during 2023, from $179M to $219M. Reported net income was $39M.
How have Bank of Hope plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bank of Hope's sponsor-wide assets grew 82.2%, from $179M to $326M.
Where does Bank of Hope 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Bank of Hope 401(k) Retirement Plan ranks in the 95th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Bank of Hope 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ameresco, Inc. 401(k) Plan in MA ($218M, 1,195 participants).
Which 401(k) plans cover a similar participant headcount to Bank of Hope 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Hess Corporation Employees' Savings Plan in TX (1,487 participants, $1.0B 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 953972168.

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.