401(k) · DOL Form 5500 · 2023

Hopewell Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
117
Participants Small participant base
55th
Percentile by assets National rank
$72,169
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hopewell 401(k) Retirement Plan · Sponsored by Hopewell Inc. · Massachusetts · Other Services

$8M in assets, 117 participants

Hopewell Inc.'s Hopewell 401(k) Retirement Plan reported $8M in total assets and 117 participants in its 2023 DOL Form 5500 filing, ranking in the 55th 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.

  • #5,800 in Other Services (7,857 peers)

Coverage in Massachusetts

Hopewell 401(k) Retirement Plan covers 117 participants in Massachusetts, about 18% of the average Massachusetts filer (state average ~659 per filing). Assets: $8M.

#5,800
in Other Services (7,857 peers)
+9.4%
assets growth YoY

Hopewell 401(k) Retirement Plan's mid-pack asset rank among Other Services and all filers

Hopewell 401(k) Retirement Plan vs every filed plan by assets

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

$8,443,727 Top 45% higher than 55% 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

Hopewell 401(k) 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. Hopewell 401(k) Retirement Plan sits mid-pack in the medium band (117 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hopewell 401(k) Retirement Plan reported net income rose from $482K in the plan year 2022 filing to $729K in the plan year 2023 filing.
  • Hopewell 401(k) Retirement Plan reported participants fell from 132 in the plan year 2022 filing to 117 in the plan year 2023 filing.
  • Hopewell 401(k) Retirement Plan end-of-year assets rose from $8M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 042438910 · Hopewell Inc. PY 2023 · 401(k)

Hopewell 401(k) Retirement Plan · $8M · 117 · 55th

  • PART $8M
  • TYPE 117
  • NET 55th
  • BOOK 401(k)
  • VS-ST near Patriot Erectors, LLC Retirement Savings Plan
  • BOY ind #5800

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 Other Services retirement plans → · Plans in Massachusetts →

Hopewell 401(k) Retirement Plan in the asset neighbourhood

Hopewell 401(k) Retirement PlanHopewell 401(k) Retirement P…$8MPatriot Erectors, LLC Retirement Savings PlanPatriot Erectors, LLC Retire…$8MHollingsworth & Vose Fiber Company Glass Fiber Production 401(k) PlanHollingsworth & Vose Fiber C…$8MMidas Hospitality, LLC 401(k) PlanMidas Hospitality, LLC 401(k…$8MAltimate Electric, Inc. 401(k) PlanAltimate Electric, Inc. 401(…$8M
End-of-year total assets ($M) among Hopewell 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$8M
Net Income$729K
Employer EIN042438910
Plan Effective Date1992-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hopewell Inc.)

Sponsor-wide plan assets over time

All Hopewell Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$10M 26.32809888443543% vs 2022
2024 filing year
$7M$8M$9M$10M 202220232024 $7.72M $9.75M ▲ +26.3%
Year Plans Participants Total Assets
2022 1 132 $8M
2023 1 117 $8M
2024 1 104 $10M

Nearby 401(k) Plans in Massachusetts

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

Hopewell 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Hopewell 401(k) Retirement Plan, Total assets ($B): 0.008443727 · Participants: 117Hopewell 401(k) Retirement PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Hopewell 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Hopewell 401(k) Retirement Plan side-by-side with 3 peers →

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

Outside Massachusetts, the nearest 401(k) by assets is Patriot Erectors, LLC Retirement Savings Plan in TX ($8M); by covered participants it is Carteret Management Corporation 401(k) Plan in FL (117 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (117 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 Hopewell 401(k) Retirement Plan assets move in 2023? ▼
Hopewell 401(k) Retirement Plan grew at a solid clip - up 9.4% during 2023, from $8M to $8M. Reported net income was $729K.
How have Hopewell Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hopewell Inc.'s sponsor-wide assets grew 26.3%, from $8M to $10M.
Which 401(k) plans are similar in size to Hopewell 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Patriot Erectors, LLC Retirement Savings Plan in TX ($8M, 272 participants).
Which 401(k) plans cover a similar participant headcount to Hopewell 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Carteret Management Corporation 401(k) Plan in FL (117 participants, $673K 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 042438910.

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.