401(k) · DOL Form 5500 · 2024

Bank of Hope 401(k) Plan

Data updated 2026-08-25

$252M
Total assets Near avg plan size
1,252
Participants Near avg headcount
95th
Percentile by assets National rank
$201,650
Avg per participant Above avg balance/head
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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.

  • #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.

#7,875
in Finance & Insurance (8,549 peers)
+15.5%
assets growth YoY
2.5×
vs typical plan assets (national mean)

Bank of Hope 401(k) Retirement Plan's outsized position by total assets

Bank of Hope 401(k) Retirement Plan vs every filed plan by assets

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

$252,466,138 Top 5% higher than 95% 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

Bank of Hope 401(k) Retirement 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. Bank of Hope 401(k) Retirement Plan lands in the large band (1,252 participants).

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.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 953972168 · Bank of Hope PY 2024 · 401(k)

Bank of Hope 401(k) Retirement Plan · $252M · 1,252 · 95th

  • VS-ST $252M
  • BOY 1,252
  • SCH 95th
  • EBSA 401(k)
  • PART near The Siegfried Group's 401(k) Plan
  • TYPE ind #7875

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 Finance & Insurance retirement plans → · Plans in California →

Bank of Hope 401(k) Retirement Plan in the asset neighbourhood

Bank of Hope 401(k) Retirement PlanBank of Hope 401(k) Retireme…$252MThe Siegfried Group's 401(k) PlanThe Siegfried Group's 401(k)…$252MAlphastaff Retirement Savings PlanAlphastaff Retirement Saving…$252MWarner Norcross + Judd LLP Retirement PlanWarner Norcross + Judd LLP R…$252MPowell Industries, Inc. Employees Incentive Savings PlanPowell Industries, Inc. Empl…$252M
End-of-year total assets ($M) among Bank of Hope 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$219M
Net Assets (End of Year)$252M
Net Income$34M
Employer EIN953972168
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bank of Hope)

Sponsor-wide plan assets over time

All Bank of Hope plans reported in each filing year

Latest sponsor-wide plan assets
$326M 82.21594432185412% vs 2022
2024 filing year
$150M$200M$250M$300M$350M 202220232024 $179M $326M ▲ +82.2%
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 Scatter plot of 6 data points. -50000050000100000150000 -200204060 Total assets ($B) Participants Bank of Hope 401(k) Retirement Plan, Total assets ($B): 0.252466138 · Participants: 1252Bank of Hope 401(k) Retirement PlanGoogle LLC 401(k) Savings Plan, Total assets ($B): 48.738057415 · Participants: 116712Google LLC 401(k) Savings PlanOracle Corporation 401(k) Savings and Investment Plan, Total assets ($B): 31.02646504 · Participants: 58962Oracle Corporation 401(k) Savings and Investment PlanIntel 401(k) Savings Plan, Total assets ($B): 24.850880304 · Participants: 55298Intel 401(k) Savings PlanApple 401(k) Plan, Total assets ($B): 24.714519387 · Participants: 101450Apple 401(k) PlanCisco Systems,Inc. 401(k) Plan, Total assets ($B): 22.728425546 · Participants: 40452Cisco Systems,Inc. 401(k) Plan
Bank of Hope 401(k) Retirement Plan vs. nearby 401(k) plans in California, assets vs. participants
Compare Bank of Hope 401(k) Retirement Plan side-by-side with 3 peers →

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

Outside California, the nearest 401(k) by assets is The Siegfried Group's 401(k) Plan in DE ($252M); by covered participants it is Rjw Logistics Group, Inc. 401(k) in IL (1,252 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($252M here).

Similar participant headcount

Nearest other-state filings by covered participants (1,252 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 Bank of Hope 401(k) Retirement Plan assets move in 2024? ▼
Bank of Hope 401(k) Retirement Plan grew sharply - up 15.5% during 2024, from $219M to $252M. Reported net income was $34M.
How have Bank of Hope plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bank of Hope's sponsor-wide assets grew 82.2%, from $179M to $326M.
Where does Bank of Hope 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Bank of Hope 401(k) Retirement Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Bank of Hope 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Siegfried Group's 401(k) Plan in DE ($252M, 1,322 participants).
Which 401(k) plans cover a similar participant headcount to Bank of Hope 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Rjw Logistics Group, Inc. 401(k) in IL (1,252 participants, $17M 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 953972168.

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.