Profit Sharing · DOL Form 5500 · 2023

Hope & Cherish Home Care LLC Profit Sharing Plan

Data updated 2026-08-25

$16K
Total assets Small plan by assets
318
Participants Below avg headcount
2nd
Percentile by assets National rank
$51
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hope & Cherish Home Care Retirement Plan · Sponsored by Hope & Cherish Home Care LLC · New York · Healthcare & Social Assistance

$16K in assets, 318 participants

Hope & Cherish Home Care LLC's Hope & Cherish Home Care Retirement Plan reported $16K in total assets and 318 participants in its 2023 DOL Form 5500 filing, ranking in the 2nd 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.

  • #243 in Healthcare & Social Assistance (17,684 peers)

Coverage in New York

Hope & Cherish Home Care Retirement Plan covers 318 participants in New York, about 40% of the average New York filer (state average ~798 per filing). Assets: $16K.

#243
in Healthcare & Social Assistance (17,684 peers)
-70.9%
assets change YoY

The plan reported a net loss of $40K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hope & Cherish Home Care Retirement Plan among the smaller filed plans by assets

Hope & Cherish Home Care Retirement Plan vs every filed plan by assets

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

$16,257 2nd percentile higher than 2% 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 & Cherish Home Care Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hope & Cherish Home Care Retirement Plan sits mid-pack in the medium band (318 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hope & Cherish Home Care Retirement Plan reported net income fell from $56K in the plan year 2022 filing to -$40K in the plan year 2023 filing.
  • Hope & Cherish Home Care Retirement Plan end-of-year assets fell from $56K in the plan year 2022 filing to $16K in the plan year 2023 filing.
  • Hope & Cherish Home Care Retirement Plan reported participants rose from 216 in the plan year 2022 filing to 318 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 474841317 · Hope & Cherish Home Care LLC PY 2023 · Profit Sharing

Hope & Cherish Home Care Retirement Plan · $16K · 318 · 2nd

  • IND $16K
  • EOY 318
  • 5500 2nd
  • ASSETS Profit Sharing
  • PCT near Cella Commercial Services, Inc. Retirement Plan
  • EIN ind #243

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 Healthcare & Social Assistance retirement plans → · Plans in New York →

Hope & Cherish Home Care Retirement Plan in the asset neighbourhood

Hope & Cherish Home Care Retirement PlanHope & Cherish Home Care Ret…$16KCella Commercial Services, Inc. Retirement PlanCella Commercial Services, I…$16KSarai & Symone, Inc. Retirement PlanSarai & Symone, Inc. Retirem…$16KJb Waters Vending Co. Retirement PlanJb Waters Vending Co. Retire…$16KJordi X. Kellogg, Md, PC Profit Sharing PlanJordi X. Kellogg, Md, PC Pro…$16K
End-of-year total assets ($M) among Hope & Cherish Home Care Retirement Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$56K
Net Assets (End of Year)$16K
Net Income-$40K
Employer EIN474841317
Plan Effective Date2021-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hope & Cherish Home Care LLC)

Sponsor-wide plan assets over time

All Hope & Cherish Home Care LLC plans reported in each filing year

Latest sponsor-wide plan assets
$12K 78.62446547744717% vs 2022
2024 filing year
$0M$0.02M$0.04M$0.06M$0.08M 202220232024 $0.06M $0.01M ▼ -83.3%
Year Plans Participants Total Assets
2022 1 216 $56K
2023 1 318 $16K
2024 1 357 $12K

Nearby Profit Sharing Plans in New York

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

Hope & Cherish Home Care 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 ($B) Participants Hope & Cherish Home Care Retirement Plan, Total assets ($B): 0.000016257 · Participants: 318Hope & Cherish Home Care Retirement PlanAnnuity Plan of the Electrical Industry, Total assets ($B): 2.210433172 · Participants: 18907Annuity Plan of the Electrical IndustryAnnuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIO, Total assets ($B): 1.870067356 · Participants: 3402Annuity Fund Iuoe Local 15, 15a, 15c, 15d AFL-CIOAnnuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIO, Total assets ($B): 1.660408686 · Participants: 5807Annuity Fd of the Iuoe Local Union 94, 94a, 94b AFL-CIOThe Research Foundation for Suny Retirement Plan, Total assets ($B): 1.177491602 · Participants: 10120The Research Foundation for Suny Retirement PlanMason Tenders District Council Annuity Fund, Total assets ($B): 0.912972009 · Participants: 11237Mason Tenders District Council Annuity Fund
Hope & Cherish Home Care Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants
Compare Hope & Cherish Home Care Retirement Plan side-by-side with 3 peers →

Hope & Cherish Home Care Retirement Plan's out-of-state Profit Sharing peers by assets and headcount

Outside New York, the nearest Profit Sharing by assets is Cella Commercial Services, Inc. Retirement Plan in PA ($16K); by covered participants it is Gapshare Puerto Rico Plan in CA (319 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (318 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 & Cherish Home Care Retirement Plan assets move in 2023? ▼
Hope & Cherish Home Care Retirement Plan contracted severely - down 70.9% during 2023, from $56K to $16K. Reported net income was -$40K.
How have Hope & Cherish Home Care LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hope & Cherish Home Care LLC's sponsor-wide assets declined 78.6%, from $56K to $12K.
Where does Hope & Cherish Home Care Retirement Plan rank by assets among Form 5500 filers? ▼
Hope & Cherish Home Care Retirement Plan ranks in the 2nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Hope & Cherish Home Care Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Cella Commercial Services, Inc. Retirement Plan in PA ($16K, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Hope & Cherish Home Care Retirement Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Gapshare Puerto Rico Plan in CA (319 participants, $6M 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 474841317.

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.