401(k) · DOL Form 5500 · 2023

Hope Operations, Inc. 401(k) Plan

Data updated 2026-08-25

$69K
Total assets Small plan by assets
2
Participants Small participant base
5th
Percentile by assets National rank
$34,324
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hope Operations, Inc. 401(k) Plan · Sponsored by Hope Operations, Inc. · Minnesota · Administrative & Support Services

$69K in assets, 2 participants

Hope Operations, Inc.'s Hope Operations, Inc. 401(k) Plan reported $69K in total assets and 2 participants in its 2023 DOL Form 5500 filing, ranking in the 5th 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.

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

Hope Operations, Inc. multi-year trail

Hope Operations, Inc.'s plans moved +27.8% in assets from 2022 to 2024; this filing shows Hope Operations, Inc. 401(k) Plan at $69K / 2 participants.

#481
in Administrative & Support Services (4,372 peers)
-40.6%
assets change YoY

The plan reported a net loss of $47K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Hope Operations, Inc. 401(k) Plan among the smaller filed plans by assets

Hope Operations, Inc. 401(k) Plan vs every filed plan by assets

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

$68,648 5th percentile higher than 5% 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 Operations, Inc. 401(k) Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hope Operations, Inc. 401(k) Plan is a micro filing (2 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hope Operations, Inc. 401(k) Plan reported net income fell from -$32K in the plan year 2022 filing to -$47K in the plan year 2023 filing.
  • Hope Operations, Inc. 401(k) Plan end-of-year assets fell from $116K in the plan year 2022 filing to $69K in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 831055455 · Hope Operations, Inc. PY 2023 · 401(k)

Hope Operations, Inc. 401(k) Plan · $69K · 2 · 5th

  • SCH $69K
  • SCH 2
  • SCH 5th
  • SCH 401(k)
  • SCH near Aajl Corp. 401(k) Profit Sharing Plan
  • SCH ind #481

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 Minnesota →

Hope Operations, Inc. 401(k) Plan in the asset neighbourhood

Hope Operations, Inc. 401(k) PlanHope Operations, Inc. 401(k)…$69KAajl Corp. 401(k) Profit Sharing PlanAajl Corp. 401(k) Profit Sha…$69KDj Klock, Inc. 401(k) Plan$69KTdhg Service Corp. 401(k) Profit Sharing PlanTdhg Service Corp. 401(k) Pr…$69KHgl 401(k)$69K
End-of-year total assets ($M) among Hope Operations, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Hope Operations, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Hope Operations, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$148K 27.844782834400416% vs 2022
2024 filing year
$0.05M$0.1M$0.15M$0.2M 202220232024 $0.12M $0.15M ▲ +25.0%
Year Plans Participants Total Assets
2022 1 2 $116K
2023 1 2 $69K
2024 2 4 $148K

Hope Operations, Inc. filing trail (2023)

Total Assets (Beginning of Year)$116K
Net Assets (End of Year)$69K
Net Income-$47K
Employer EIN831055455
Plan Effective Date2018-06-27
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Hope Operations, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Hope Operations, Inc. 401(k) Plan, Total assets ($B): 0.000068648 · Participants: 2Hope Operations, Inc. 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Hope Operations, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Hope Operations, Inc. 401(k) Plan side-by-side with 3 peers →

Hope Operations, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Aajl Corp. 401(k) Profit Sharing Plan in UT ($69K); by covered participants it is Napa Bound Retirement Plan in FL (2 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($69K here).

Similar participant headcount

Nearest other-state filings by covered participants (2 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 Operations, Inc. 401(k) Plan assets move in 2023? ▼
Hope Operations, Inc. 401(k) Plan contracted severely - down 40.6% during 2023, from $116K to $69K. Reported net income was -$47K.
How have Hope Operations, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hope Operations, Inc.'s sponsor-wide assets grew 27.8%, from $116K to $148K.
Where does Hope Operations, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Hope Operations, Inc. 401(k) Plan ranks in the 5th 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 401(k) plans are similar in size to Hope Operations, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Aajl Corp. 401(k) Profit Sharing Plan in UT ($69K, 2 participants).
Which 401(k) plans cover a similar participant headcount to Hope Operations, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Napa Bound Retirement Plan in FL (2 participants, N/A 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 831055455.

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.