401(k) · DOL Form 5500 · 2024
Bank of Hope 401(k) Plan
Data updated 2026-08-11
- $252M
- Total assets
- 1,252
- Participants
- 95th
- Percentile by assets
- $201,650
- Avg per participant
Official DOL plan name: Bank of Hope 401(k) Retirement Plan · Sponsored by Bank of Hope · California · Finance & Insurance
$252M in assets, 1,252 participants
Bank of Hope's Bank of Hope 401(k) Retirement Plan reported $252M in total assets and 1,252 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.
- 95th percentile by assets (of 123,622 plans)
- #7,875 in Finance & Insurance (8,549 peers)
Where Bank of Hope 401(k) Retirement Plan sits by assets
Bank of Hope 401(k) Retirement Plan sits in the top 5% of all filed plans by assets, $252M for 1,252 participants (~$201,650/participant), up 15.5% in 2024.
- $252M
- total plan assets (2024 EOY)
- 1,252
- covered participants
- 95th
- percentile by assets (of 123,622 plans)
- $201,650
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Bank of Hope 401(k) Retirement Plan reported participants fell from 1,487 in the plan year 2023 filing to 1,252 in the plan year 2024 filing.
- Bank of Hope 401(k) Retirement Plan end-of-year assets rose from $219M in the plan year 2023 filing to $252M in the plan year 2024 filing.
- Bank of Hope 401(k) Retirement Plan reported net income fell from $39M in the plan year 2023 filing to $34M in the plan year 2024 filing.
Bank of Hope 401(k) Retirement Plan vs the 2024 asset distribution
By assets, Bank of Hope 401(k) Retirement Plan outranks 95% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 2.5x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $219M |
|---|---|
| Net Assets (End of Year) | $252M |
| Net Income | $34M |
| Employer EIN | 953972168 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bank of Hope)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,404 | $179M |
| 2023 | 1 | 1,487 | $219M |
| 2024 | 4 | 1,790 | $326M |
Nearby 401(k) Plans in California
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Bank of Hope 401(k) Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants
- Google LLC 401(k) Savings Plan $48.7B · 116,712
- Oracle Corporation 401(k) Savings and Investment Plan $31.0B · 58,962
- Intel 401(k) Savings Plan $24.9B · 55,298
- Apple 401(k) Plan $24.7B · 101,450
- Cisco Systems,Inc. 401(k) Plan $22.7B · 40,452
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Bank of Hope 401(k) Retirement Plan by total assets, not by location.
- The Siegfried Group's 401(k) Plan (DE) $252M · 1,322
- Alphastaff Retirement Savings Plan (FL) $252M · 6,474
- Warner Norcross + Judd LLP Retirement Plan (MI) $252M · 312
- Powell Industries, Inc. Employees Incentive Savings Plan (TX) $252M · 1,934
Frequently Asked Questions
How did Bank of Hope 401(k) Retirement Plan assets move in 2024? ▼
How have Bank of Hope plan assets changed over time? ▼
Where does Bank of Hope 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Bank of Hope 401(k) Retirement Plan? ▼
Next read for Bank of Hope 401(k) Retirement Plan
Scale reading
Ways to act on Bank of Hope 401(k) Retirement Plan's numbers.
- By total assets, Bank of Hope 401(k) Retirement Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in California. Compare plans
- Bank of Hope's sponsor-wide assets have grown 82.2% since 2022 across 3 plan years on file. More Finance & Insurance plans