Plan Ledger DOL Form 5500 · updated monthly

Hope Services401(k)

HOPE SERVICES 401(K) PLAN · SAN JOSE, CA · plan year 2022

Reported admin expense ratio · 2022
0.38%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Hope Services reported $27,215 in plan administrative expenses for 2022: 0.38% of average plan assets, below the peer median. Employer contributions averaged $3,220 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in California (6,285th of 9,483), and 6,799th of 11,911 in health care & social assistance. In 2022, employees put in $1.80 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,137,859
Participants with balances348
Active participants184
Employer contributions$592,418
Employee contributions$1,067,326
Employer contribution per active participant$3,220
Average account balance$20,511
Benefits paid to participants$809,712
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$27,215
Total administrative$27,215
The Hope Services 401(k) match · 2022
Employer contribution per active participant$3,220
Median for plans this size$1,114

Hope Services's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top 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.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history1
2022$27,215 · 0.38%
Same employer
Similar plansHealth Care & Social Assistance · California
Administrative Resources CA$7.3M · 0.41%
Monica Perlman, MD, Inc. CA$7.2M · 0.51%
Artesia Christian Home CA$7.2M · 0.86%

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Source: U.S. Department of Labor, Form 5500 series, EIN 941399287 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.