ESOP · DOL Form 5500 · 2022

First Hope Bancorp ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
92
Participants Small participant base
31st
Percentile by assets National rank
$17,729
Avg per participant Low balance/head
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Official DOL plan name: First Hope Bancorp Employee Stock Ownership Plan · Sponsored by First Hope Bancorp · New Jersey · Finance & Insurance

$2M in assets, 92 participants

First Hope Bancorp's First Hope Bancorp Employee Stock Ownership Plan reported $2M in total assets and 92 participants in its 2022 DOL Form 5500 filing, ranking in the 31st 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.

  • #1,919 in Finance & Insurance (9,261 peers)

What the 2022 filing shows

First Hope Bancorp Employee Stock Ownership Plan holds $2M for 92 participants - about $17,729 per participant, in the lower half of filed plans by assets.

#1,919
in Finance & Insurance (9,261 peers)
-0.8%
assets change YoY

The plan reported a net loss of $13K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

First Hope Bancorp Employee Stock Ownership Plan among the smaller filed plans by assets

First Hope Bancorp Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$1,631,062 31st percentile higher than 31% of 139,123 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 2022

First Hope Bancorp Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. First Hope Bancorp Employee Stock Ownership Plan is a small filing (92 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 223079560 · First Hope Bancorp PY 2022 · ESOP

First Hope Bancorp Employee Stock Ownership Plan · $2M · 92 · 31st

  • TYPE $2M
  • TYPE 92
  • TYPE 31st
  • TYPE ESOP
  • TYPE near Speak, Inc. Employee Stock Ownership Plan
  • TYPE ind #1919

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 What is an ESOP? → · Plans in New Jersey →

First Hope Bancorp Employee Stock Ownership Plan in the asset neighbourhood

First Hope Bancorp Employee Stock Ownership PlanFirst Hope Bancorp Employee …$2MSpeak, Inc. Employee Stock Ownership PlanSpeak, Inc. Employee Stock O…$2MBlueline Associates Inc. Employee Stock Ownership PlanBlueline Associates Inc. Emp…$2MCorbyn Investment Management Employee Stock Ownership Plan and TrustCorbyn Investment Management…$2MAlaskan Brewing & Bottling Co. Employee Stock Ownership PlanAlaskan Brewing & Bottling C…$2M
End-of-year total assets ($M) among First Hope Bancorp Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Filing particulars (2022)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income-$13K
Employer EIN223079560
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (First Hope Bancorp)

Sponsor-wide plan assets over time

All First Hope Bancorp plans reported in each filing year

Latest sponsor-wide plan assets
$2M 4.0450945457622085% vs 2022
2024 filing year
$1.55M$1.6M$1.65M$1.7M$1.75M 202220232024 $1.63M $1.7M ▲ +4.3%
Year Plans Participants Total Assets
2022 1 92 $2M
2023 1 93 $2M
2024 1 87 $2M

Nearby ESOP Plans in New Jersey

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

First Hope Bancorp Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -2000200400600 Total assets ($M) Participants First Hope Bancorp Employee Stock Ownership Plan, Total assets ($M): 1.631062 · Participants: 92First Hope Bancorp Employee Stock Ownership PlanJohnson and Johnson Retirement Savings Plan, Total assets ($M): 511.419208 · Participants: 3858Johnson and Johnson Retirement Savings PlanOkonite Company Employees Stock Ownership Plan, Total assets ($M): 375.8 · Participants: 1111Okonite Company Employees Stock Ownership PlanMathematica Group Holding Inc. Employee Stock Ownership Plan, Total assets ($M): 303.370516 · Participants: 1383Mathematica Group Holding Inc. Employee Stock Ownership PlanConair LLC Savings and Investment Plan, Total assets ($M): 298.596718 · Participants: 1131Conair LLC Savings and Investment PlanInvestors Bank Amended and Restated Employee Stock Ownership Plan, Total assets ($M): 126.859258 · Participants: 1287Investors Bank Amended and Restated Employee Stock Ownership Plan
First Hope Bancorp Employee Stock Ownership Plan vs. nearby ESOP plans in New Jersey, assets vs. participants
Compare First Hope Bancorp Employee Stock Ownership Plan side-by-side with 3 peers →

First Hope Bancorp Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside New Jersey, the nearest ESOP by assets is Speak, Inc. Employee Stock Ownership Plan in CA ($2M); by covered participants it is Hebron Companies, Inc. Employee Stock Ownership Plan and Trust in ND (92 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (92 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did First Hope Bancorp Employee Stock Ownership Plan assets move in 2022? ▼
First Hope Bancorp Employee Stock Ownership Plan held essentially flat - down 0.8% during 2022, from $2M to $2M. Reported net income was -$13K.
How have First Hope Bancorp plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), First Hope Bancorp's sponsor-wide assets grew 4.0%, from $2M to $2M.
Which ESOP plans are similar in size to First Hope Bancorp Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Speak, Inc. Employee Stock Ownership Plan in CA ($2M, 11 participants).
Which ESOP plans cover a similar participant headcount to First Hope Bancorp Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Hebron Companies, Inc. Employee Stock Ownership Plan and Trust in ND (92 participants, $18M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 223079560.

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.