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NEW HOPE TRANSITIONAL HOUSING 401K PLAN 401k Plan overview

Plan NameNEW HOPE TRANSITIONAL HOUSING 401K PLAN
Plan identification number 001

NEW HOPE TRANSITIONAL HOUSING 401K PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

NEW HOPE TRANSITIONAL HOUSING INC has sponsored the creation of one or more 401k plans.

Company Name:NEW HOPE TRANSITIONAL HOUSING INC
Employer identification number (EIN):271440474
NAIC Classification:624200

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW HOPE TRANSITIONAL HOUSING 401K PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-07-01BRIAN CAFFREY2024-11-25
0012023-05-15ELI KLEIN2024-05-09

Plan Statistics for NEW HOPE TRANSITIONAL HOUSING 401K PLAN

401k plan membership statisitcs for NEW HOPE TRANSITIONAL HOUSING 401K PLAN

Measure Date Value
2025: NEW HOPE TRANSITIONAL HOUSING 401K PLAN 2025 401k membership
Total number of particpants at beginning of year2025-11-1744
Total number of particpants at end of year2025-11-1742
Number of Participants With Account Balances2025-11-1724
2024: NEW HOPE TRANSITIONAL HOUSING 401K PLAN 2024 401k membership
Total number of particpants at beginning of year2024-11-2538
Total number of particpants at end of year2024-11-2541
Number of Participants With Account Balances2024-11-2522
Total number of particpants at beginning of year2024-05-0937
Total number of particpants at end of year2024-05-0937
Number of Participants With Account Balances2024-05-0913

Financial Data on NEW HOPE TRANSITIONAL HOUSING 401K PLAN

Measure Date Value
2025 : NEW HOPE TRANSITIONAL HOUSING 401K PLAN 2025 401k financial data
Total liabilities as of the beginning of the plan year2025-11-170
Total expenses incurred by plan in this plan year2025-11-1745429
Net assets as of the end of the plan year2025-11-17252421
Total assets as of the beginning of the plan year2025-11-17120841
Value of plan covered by a fidelity bond2025-11-17500000
Participant contributions to plan in this plan year2025-11-1785509
Value of participant loans at end of plan year2025-11-176402
Other income to plan in this plan year2025-11-1724513
Plan net income in this plan year2025-11-17131580
Net assets as of the end of the plan year2025-11-17252421
Net assets as of the beginning of the plan year2025-11-17120841
Employer contributions to plan in this plan year2025-11-1766987
Expensese paid to adminstrative service provicers from plan in this plan year2025-11-172169
2024 : NEW HOPE TRANSITIONAL HOUSING 401K PLAN 2024 401k financial data
Total liabilities as of the beginning of the plan year2024-11-250
Total expenses incurred by plan in this plan year2024-11-2516014
Net assets as of the end of the plan year2024-11-25120841
Total assets as of the beginning of the plan year2024-11-259514
Value of plan covered by a fidelity bond2024-11-25500000
Participant contributions to plan in this plan year2024-11-2565852
Value of participant loans at end of plan year2024-11-255109
Other income to plan in this plan year2024-11-2510491
Plan net income in this plan year2024-11-25111327
Net assets as of the end of the plan year2024-11-25120841
Net assets as of the beginning of the plan year2024-11-259514
Employer contributions to plan in this plan year2024-11-2550998
Fees paid to broker by Benefit Provider2024-11-25260
Expensese paid to adminstrative service provicers from plan in this plan year2024-11-25450
Total liabilities as of the beginning of the plan year2024-05-090
Total expenses incurred by plan in this plan year2024-05-090
Net assets as of the end of the plan year2024-05-099514
Total assets as of the beginning of the plan year2024-05-090
Value of plan covered by a fidelity bond2024-05-09500000
Participant contributions to plan in this plan year2024-05-096284
Other income to plan in this plan year2024-05-09212
Plan net income in this plan year2024-05-099514
Net assets as of the end of the plan year2024-05-099514
Net assets as of the beginning of the plan year2024-05-090
Employer contributions to plan in this plan year2024-05-093018
Expensese paid to adminstrative service provicers from plan in this plan year2024-05-090

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