Ann & Hope, Inc.401(k)
ANN & HOPE PROFIT SHARING AND 401(K) PLAN · CUMBERLAND, RI · plan year 2022
Ann & Hope, Inc.'s 2022 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $7,871,949 across 84 participant accounts, with employer contributions averaging $5 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other retail trade employers. By assets it is among the smaller plans on file in Rhode Island (186th of 286), and 3,074th of 5,215 in retail trade. In 2022, employees put in $524.89 for every $1.00 the employer contributed.
Ann & Hope, Inc.'s 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
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Source: U.S. Department of Labor, Form 5500 series, EIN 050272463 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.