ESOP · DOL Form 5500 · 2024

First Hope Bancorp ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
87
Participants Small participant base
28th
Percentile by assets National rank
$19,506
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: First Hope Bancorp Employee Stock Ownership Plan · Sponsored by First Hope Bancorp · New Jersey · Finance & Insurance

$2M in assets, 87 participants

First Hope Bancorp's First Hope Bancorp Employee Stock Ownership Plan reported $2M in total assets and 87 participants in its 2024 DOL Form 5500 filing, ranking in the 28th 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.

  • #1,467 in Finance & Insurance (8,549 peers)

2024 asset change

First Hope Bancorp Employee Stock Ownership Plan grew at a solid clip 8.1% in 2024 ($2M → $2M) for 87 participants.

#1,467
in Finance & Insurance (8,549 peers)
+8.1%
assets growth YoY

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 2024 · DOL Form 5500

$1,697,040 28th percentile higher than 28% 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

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

Plan-year 2024 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 (87 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • First Hope Bancorp Employee Stock Ownership Plan reported net income rose from -$62K in the plan year 2023 filing to $128K in the plan year 2024 filing.
  • First Hope Bancorp Employee Stock Ownership Plan end-of-year assets rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • First Hope Bancorp Employee Stock Ownership Plan reported participants fell from 93 in the plan year 2023 filing to 87 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 223079560 · First Hope Bancorp PY 2024 · ESOP

First Hope Bancorp Employee Stock Ownership Plan · $2M · 87 · 28th

  • PCT $2M
  • EIN 87
  • RANK 28th
  • PHOTO ESOP
  • IND near Cmr Employee Stock Ownership Plan
  • EOY ind #1467

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 …$2MCmr Employee Stock Ownership PlanCmr Employee Stock Ownership…$2MFirst Financial Bank Employee Stock Ownership PlanFirst Financial Bank Employe…$2MMark W Hinman Md Money Purchase Pension PlanMark W Hinman Md Money Purch…$2MA&t Systems, Inc. Employee Stock Ownership PlanA&t Systems, Inc. Employee S…$2M
End-of-year total assets ($M) among First Hope Bancorp Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

First Hope Bancorp years around the 2024 move

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

2024 asset-move particulars

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$2M
Net Income$128K
Employer EIN223079560
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

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. 0500100015002000 -1000100200300400500 Total assets ($M) Participants First Hope Bancorp Employee Stock Ownership Plan, Total assets ($M): 1.69704 · Participants: 87First Hope Bancorp Employee Stock Ownership PlanOkonite Company Employees Stock Ownership Plan, Total assets ($M): 446.25 · Participants: 1176Okonite Company Employees Stock Ownership PlanConair LLC Savings and Investment Plan, Total assets ($M): 302.820247 · Participants: 1275Conair LLC Savings and Investment PlanMathematica Group Holding Inc. Employee Stock Ownership Plan, Total assets ($M): 280.534757 · Participants: 1740Mathematica Group Holding Inc. Employee Stock Ownership PlanAmboy Bancorporation Employee Stock Ownership Plan, Total assets ($M): 105.2481 · Participants: 199Amboy Bancorporation Employee Stock Ownership PlanRailroad Construction Company, Inc. Employee Stock Ownership Plan, Total assets ($M): 87.816327 · Participants: 144Railroad Construction Company, Inc. 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 Cmr Employee Stock Ownership Plan in CA ($2M); by covered participants it is Lenoir Mirror Company Employee Stock Ownership Plan in NC (87 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (87 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 First Hope Bancorp Employee Stock Ownership Plan assets move in 2024? ▼
First Hope Bancorp Employee Stock Ownership Plan grew at a solid clip - up 8.1% during 2024, from $2M to $2M. Reported net income was $128K.
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 Cmr Employee Stock Ownership Plan in CA ($2M, 48 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 Lenoir Mirror Company Employee Stock Ownership Plan in NC (87 participants, $250K 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 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.