401(k) · DOL Form 5500 · 2024

Hope Academy, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
125
Participants Small participant base
32nd
Percentile by assets National rank
$20,437
Avg per participant Low balance/head
PlainRetire home → About this data

Official DOL plan name: Hope Academy, Inc. 401(k) Plan · Sponsored by Hope Academy, Inc. · Minnesota · Educational Services

$3M in assets, 125 participants

Hope Academy, Inc.'s Hope Academy, Inc. 401(k) Plan reported $3M in total assets and 125 participants in its 2024 DOL Form 5500 filing, ranking in the 32nd 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.

  • #724 in Educational Services (3,638 peers)

Coverage in Minnesota

Hope Academy, Inc. 401(k) Plan covers 125 participants in Minnesota, about 11% of the average Minnesota filer (state average ~1,126 per filing). Assets: $3M.

#724
in Educational Services (3,638 peers)
+58.2%
assets growth YoY

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

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$2,554,573 32nd percentile higher than 32% of 123,620 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 2024

Hope Academy, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hope Academy, Inc. 401(k) Plan sits mid-pack in the medium band (125 participants).

DOL schedule card

Filing strip 411962874 · Hope Academy, Inc. PY 2024 · 401(k)

Hope Academy, Inc. 401(k) Plan · $3M · 125 · 32nd

  • VS-ST $3M
  • BOY 125
  • SCH 32nd
  • EBSA 401(k)
  • PART near Difference Principle, Inc. Employee Retirement Plan
  • TYPE ind #724

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 Educational Services retirement plans → · Plans in Minnesota →

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

Grant Aviation, Inc. 401(k) Profit Sharing PlanGrant Aviation, Inc. 401(k) …$3MHope Academy, Inc. 401(k) PlanHope Academy, Inc. 401(k) Pl…$3MDifference Principle, Inc. Employee Retirement PlanDifference Principle, Inc. E…$3MPascal Aughtry & Associates, PC 401(k) PlanPascal Aughtry & Associates,…$3MThe Glass Baron, Inc. 401(k) Profit Sharing PlanThe Glass Baron, Inc. 401(k)…$3M
End-of-year total assets ($M) among Hope Academy, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$939K
Employer EIN411962874
Plan Effective Date2011-06-15
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Minnesota

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

Hope Academy, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Hope Academy, Inc. 401(k) Plan, Total assets ($B): 0.002554573 · Participants: 125Hope Academy, Inc. 401(k) PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Hope Academy, Inc. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants

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

Outside Minnesota, the nearest 401(k) by assets is Difference Principle, Inc. Employee Retirement Plan in WI ($3M); by covered participants it is Portland Forge Interim Manufacturing Plan in IN (125 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (125 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Hope Academy, Inc. 401(k) Plan assets move in 2024?
Hope Academy, Inc. 401(k) Plan surged - up 58.2% during 2024, from $2M to $3M. Reported net income was $939K.
Which 401(k) plans are similar in size to Hope Academy, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Difference Principle, Inc. Employee Retirement Plan in WI ($3M, 267 participants).
Which 401(k) plans cover a similar participant headcount to Hope Academy, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Portland Forge Interim Manufacturing Plan in IN (125 participants, $2M in assets).