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NEW HOPE BAPTIST CHURCH INC 401 K PROFIT SHARING PLAN TRUST 401k Plan overview

Plan NameNEW HOPE BAPTIST CHURCH INC 401 K PROFIT SHARING PLAN TRUST
Plan identification number 001

NEW HOPE BAPTIST CHURCH INC 401 K PROFIT SHARING PLAN TRUST 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.
  • 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.
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

NEW HOPE BAPTIST CHURCH INC has sponsored the creation of one or more 401k plans.

Company Name:NEW HOPE BAPTIST CHURCH INC
Employer identification number (EIN):593295588
NAIC Classification:813000
NAIC Description: Religious, Grantmaking, Civic, Professional, and Similar Organizations

Form 5500 Filing Information

Submission information for form 5500 for 401k plan NEW HOPE BAPTIST CHURCH INC 401 K PROFIT SHARING PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012023-01-01SHARON GABRIEL2024-06-25
0012022-01-01SHARON E GABRIEL2023-06-15
0012021-01-01SHARON E GABRIEL2022-06-30
0012020-01-01SHARON E GABRIEL2021-10-04
0012019-01-01SHARON E GABRIEL2020-07-13
0012018-01-01SHARON E GABRIEL2019-06-07
0012017-01-01SHARON GABRIEL2018-05-22
0012016-01-01SHARON GABRIEL2017-05-17
0012015-01-01WILLIAM BRADLEY JR.2016-05-20
0012014-01-01WILLIAM BRADLEY2015-05-15
0012013-01-01WILLIAM BRADLEY2014-05-12
0012012-01-01NEW HOPE BAPTIST CHURCH INC2013-06-11
0012011-01-01NEW HOPE BAPTIST CHURCH INC2012-05-10
0012010-01-01NEW HOPE BAPTIST CHURCH INC2011-05-25

Financial Data on NEW HOPE BAPTIST CHURCH INC 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2025 : NEW HOPE BAPTIST CHURCH INC 401 K PROFIT SHARING PLAN TRUST 2025 401k financial data
Total transfers to/from plan in this plan year2025-08-010
Total liabilities as of the end of the plan year2025-08-010
Total liabilities as of the beginning of the plan year2025-08-010
Total expenses incurred by plan in this plan year2025-08-011246
Net assets as of the end of the plan year2025-08-01169461
Total assets as of the beginning of the plan year2025-08-01133395
Value of plan covered by a fidelity bond2025-08-0120000
Participant contributions to plan in this plan year2025-08-017909
Other expenses paid from plan in this plan year2025-08-010
Other contributions to plan in this plan year2025-08-010
Other income to plan in this plan year2025-08-0129403
Plan net income in this plan year2025-08-0136066
Net assets as of the end of the plan year2025-08-01169461
Net assets as of the beginning of the plan year2025-08-01133395
Employer contributions to plan in this plan year2025-08-010
Expensese paid to adminstrative service provicers from plan in this plan year2025-08-01499
2024 : NEW HOPE BAPTIST CHURCH INC 401 K PROFIT SHARING PLAN TRUST 2024 401k financial data
Total transfers to/from plan in this plan year2024-06-250
Total liabilities as of the end of the plan year2024-06-250
Total liabilities as of the beginning of the plan year2024-06-250
Total expenses incurred by plan in this plan year2024-06-251201
Net assets as of the end of the plan year2024-06-25133395
Total assets as of the beginning of the plan year2024-06-2595457
Value of plan covered by a fidelity bond2024-06-2520000
Participant contributions to plan in this plan year2024-06-258080
Other expenses paid from plan in this plan year2024-06-250
Other contributions to plan in this plan year2024-06-250
Other income to plan in this plan year2024-06-2531059
Plan net income in this plan year2024-06-2537938
Net assets as of the end of the plan year2024-06-25133395
Net assets as of the beginning of the plan year2024-06-2595457
Employer contributions to plan in this plan year2024-06-250
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-25476

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