Other · DOL Form 5500 · 2024

Hope Network Retirement Plan

Data updated 2026-08-25

$55M
Total assets Below avg plan size
2,795
Participants Above avg headcount
85th
Percentile by assets National rank
$19,529
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Hope Network Employee 403(b) Plan · Sponsored by Hope Network · Michigan · Administrative & Support Services

$55M in assets, 2,795 participants

Hope Network's Hope Network Employee 403(b) Plan reported $55M in total assets and 2,795 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #4,038 in Administrative & Support Services (4,368 peers)

Coverage in Michigan

Hope Network Employee 403(b) Plan covers 2,795 participants in Michigan, 4.4x the typical Michigan plan (state average ~638 per filing). Assets: $55M.

#4,038
in Administrative & Support Services (4,368 peers)
+11.2%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Hope Network Employee 403(b) Plan's outsized position by total assets

Hope Network Employee 403(b) Plan vs every filed plan by assets

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

$54,582,826 Top 15% higher than 85% 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 Network Employee 403(b) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Hope Network Employee 403(b) Plan lands in the large band (2,795 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Hope Network Employee 403(b) Plan reported net income fell from $7M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Hope Network Employee 403(b) Plan reported participants rose from 2,490 in the plan year 2023 filing to 2,795 in the plan year 2024 filing.
  • Hope Network Employee 403(b) Plan end-of-year assets rose from $49M in the plan year 2023 filing to $55M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 386108186 · Hope Network PY 2024 · Other

Hope Network Employee 403(b) Plan · $55M · 2,795 · 85th

  • 5500 $55M
  • ASSETS 2,795
  • PCT 85th
  • EIN Other
  • RANK near Savannah Country Day School, Inc. Retirement Plan Tax Deferred
  • PHOTO ind #4038

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 Michigan →

Hope Network Employee 403(b) Plan in the asset neighbourhood

Hastings College 403(b) DC PlanHastings College 403(b) DC P…$55MHope Network Employee 403(b) PlanHope Network Employee 403(b)…$55MSavannah Country Day School, Inc. Retirement Plan Tax DeferredSavannah Country Day School,…$55MSan Francisco University High School DC Retirement PlanSan Francisco University Hig…$54MPingry Corporation 401(k) Defined Contribution PlanPingry Corporation 401(k) De…$54M
End-of-year total assets ($M) among Hope Network Employee 403(b) Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$49M
Net Assets (End of Year)$55M
Net Income$6M
Employer EIN386108186
Plan Effective Date1970-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hope Network)

Sponsor-wide plan assets over time

All Hope Network plans reported in each filing year

Latest sponsor-wide plan assets
$55M 30.367603994965464% vs 2022
2024 filing year
$40M$45M$50M$55M$60M 202220232024 $41.9M $54.6M ▲ +30.4%
Year Plans Participants Total Assets
2022 1 2,783 $42M
2023 1 2,490 $49M
2024 1 2,795 $55M

Nearby Other Plans in Michigan

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

Hope Network Employee 403(b) Plan vs. nearby Other plans in Michigan, assets vs. participants Scatter plot of 6 data points. 01000020000300004000050000 -20246 Total assets ($B) Participants Hope Network Employee 403(b) Plan, Total assets ($B): 0.054582826 · Participants: 2795Hope Network Employee 403(b) PlanFca US LLC UAW Savings Plan, Total assets ($B): 5.195030475 · Participants: 44591Fca US LLC UAW Savings PlanFca US LLC Salaried Employees' Savings Plan, Total assets ($B): 5.094106866 · Participants: 15683Fca US LLC Salaried Employees' Savings PlanSpectrum Health System 403(b) Plan, Total assets ($B): 3.21382557 · Participants: 32821Spectrum Health System 403(b) PlanBeaumont Health 403(b) Retirement Savings Plan, Total assets ($B): 2.966016065 · Participants: 34160Beaumont Health 403(b) Retirement Savings PlanHenry Ford Health System Heritage 403(b) Plan, Total assets ($B): 1.412878823 · Participants: 14465Henry Ford Health System Heritage 403(b) Plan
Hope Network Employee 403(b) Plan vs. nearby Other plans in Michigan, assets vs. participants
Compare Hope Network Employee 403(b) Plan side-by-side with 3 peers →

Hope Network Employee 403(b) Plan's out-of-state Other peers by assets and headcount

Outside Michigan, the nearest Other by assets is Savannah Country Day School, Inc. Retirement Plan Tax Deferred in GA ($55M); by covered participants it is Catholic Medical Center 403(b) Tax-Sheltered Annuity Retirement Plan in NH (2,793 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,795 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 Network Employee 403(b) Plan assets move in 2024? ▼
Hope Network Employee 403(b) Plan grew at a solid clip - up 11.2% during 2024, from $49M to $55M. Reported net income was $6M.
How have Hope Network plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Hope Network's sponsor-wide assets grew 30.4%, from $42M to $55M.
Where does Hope Network Employee 403(b) Plan rank by assets among Form 5500 filers? ▼
Hope Network Employee 403(b) Plan ranks in the 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to Hope Network Employee 403(b) Plan? ▼
Among Other plans in other states, the closest by assets is Savannah Country Day School, Inc. Retirement Plan Tax Deferred in GA ($55M, 243 participants).
Which Other plans cover a similar participant headcount to Hope Network Employee 403(b) Plan? ▼
Among Other plans in other states, the closest by covered participants is Catholic Medical Center 403(b) Tax-Sheltered Annuity Retirement Plan in NH (2,793 participants, $291M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 386108186.

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.