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403(B) THRIFT PLAN OF HOUSING FOR NEW HOPE, INC. 401k Plan overview

Plan Name403(B) THRIFT PLAN OF HOUSING FOR NEW HOPE, INC.
Plan identification number 001

403(B) THRIFT PLAN OF HOUSING FOR NEW HOPE, INC. 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.
  • Code section 403(b)(1) arrangement - See Limited Pension Plan Reporting instructions for Code section 403(b)(1) arrangements for certain exempt organizations.
  • 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

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

Company Name:HOUSING FOR NEW HOPE, INC.
Employer identification number (EIN):582089068
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan 403(B) THRIFT PLAN OF HOUSING FOR NEW HOPE, INC.

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01MATTHEW HJELMHAUG2024-10-04
0012022-01-01MATTHEW HJELMHAUG2023-07-21
0012021-01-01MATTHEW HJELMHAUG2022-10-11
0012020-01-01MATTHEW HJELMHAUG2021-10-05
0012018-01-01CONNIE HAINES2019-07-19
0012017-01-01OLIVE JOYNER2018-07-24 CONNIE HAINES2018-07-24
0012016-01-01OLIVE JOYNER2017-07-12 CONNIE HAINES2017-07-12
0012015-01-01TERRY ALLEBAUGH2016-07-13 CONNIE HAINES2016-07-13
0012014-01-01TERRY ALLEBAUGH2015-06-11 CONNIE HAINES2015-06-11
0012013-01-01TERRY ALLEBAUGH2014-07-28 CONNIE HAINES2014-07-28
0012012-01-01CONNIE HAINES2013-06-10 TERRY ALLEBAUGH2013-06-10
0012011-01-01CONNIE HAINES2012-07-17 TERRY ALLEBAUGH2012-07-17
0012010-01-01CONNIE HAINES2011-07-25 TERRY ALLEBAUGH2011-07-25

Financial Data on 403(B) THRIFT PLAN OF HOUSING FOR NEW HOPE, INC.

Measure Date Value
2025 : 403(B) THRIFT PLAN OF HOUSING FOR NEW HOPE, INC. 2025 401k financial data
Total transfers to/from plan in this plan year2025-10-090
Total liabilities as of the end of the plan year2025-10-090
Total liabilities as of the beginning of the plan year2025-10-090
Total expenses incurred by plan in this plan year2025-10-0950101
Net assets as of the end of the plan year2025-10-09737056
Total assets as of the beginning of the plan year2025-10-09664390
Value of plan covered by a fidelity bond2025-10-09100000
Participant contributions to plan in this plan year2025-10-0920837
Value of participant loans at end of plan year2025-10-0920924
Other expenses paid from plan in this plan year2025-10-090
Other contributions to plan in this plan year2025-10-090
Other income to plan in this plan year2025-10-0985448
Plan net income in this plan year2025-10-0972666
Net assets as of the end of the plan year2025-10-09737056
Net assets as of the beginning of the plan year2025-10-09664390
Employer contributions to plan in this plan year2025-10-0916482
Fees paid to broker by Benefit Provider2025-10-0960
Expensese paid to adminstrative service provicers from plan in this plan year2025-10-09240
2024 : 403(B) THRIFT PLAN OF HOUSING FOR NEW HOPE, INC. 2024 401k financial data
Total transfers to/from plan in this plan year2024-10-040
Total liabilities as of the end of the plan year2024-10-040
Total liabilities as of the beginning of the plan year2024-10-040
Total expenses incurred by plan in this plan year2024-10-0419736
Net assets as of the end of the plan year2024-10-04664390
Total assets as of the beginning of the plan year2024-10-04544594
Value of plan covered by a fidelity bond2024-10-0425000
Participant contributions to plan in this plan year2024-10-0431045
Other expenses paid from plan in this plan year2024-10-040
Other contributions to plan in this plan year2024-10-040
Other income to plan in this plan year2024-10-0485864
Plan net income in this plan year2024-10-04119796
Net assets as of the end of the plan year2024-10-04664390
Net assets as of the beginning of the plan year2024-10-04544594
Employer contributions to plan in this plan year2024-10-0422623
Expensese paid to adminstrative service provicers from plan in this plan year2024-10-04169

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