401k Plan data: HOPE OF THE VALLEY 401(K) PLAN AND TRUST plan

HOPE OF THE VALLEY 401(K) PLAN AND TRUST 401k Plan overview

Plan Name	HOPE OF THE VALLEY 401(K) PLAN AND TRUST
Plan identification number	001

HOPE OF THE VALLEY 401(K) PLAN AND TRUST Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
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.

401k Sponsoring company profile

HOPE OF THE VALLEY RESCUE MISSION has sponsored the creation of one or more 401k plans.

Company Name: HOPE OF THE VALLEY RESCUE MISSION

Employer identification number (EIN): 272053273

NAIC Classification: 621498
NAIC Description: All Other Outpatient Care Centers

Form 5500 Filing Information

Submission information for form 5500 for 401k plan HOPE OF THE VALLEY 401(K) PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2022-01-01 KEN CRAFT 2023-10-16
001 2021-01-01 KEN CRAFT 2022-10-17
001 2021-01-01 KEN CRAFT 2023-09-14
001 2020-01-01

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2022-01-01	KEN CRAFT	2023-10-16
001	2021-01-01	KEN CRAFT	2022-10-17
001	2021-01-01	KEN CRAFT	2023-09-14
001	2020-01-01

Plan Statistics for HOPE OF THE VALLEY 401(K) PLAN AND TRUST

401k plan membership statisitcs for HOPE OF THE VALLEY 401(K) PLAN AND TRUST

Measure Date Value
2022: HOPE OF THE VALLEY 401(K) PLAN AND TRUST 2022 401k membership
Total participants, beginning-of-year 2022-01-01 204
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 200
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 2
Total of all active and inactive participants 2022-01-01 202
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 202
Number of participants with account balances 2022-01-01 28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: HOPE OF THE VALLEY 401(K) PLAN AND TRUST 2021 401k membership
Total participants, beginning-of-year 2021-01-01 137
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 203
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 1
Total of all active and inactive participants 2021-01-01 204
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 204
Number of participants with account balances 2021-01-01 29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 1

Measure	Date	Value
2022: HOPE OF THE VALLEY 401(K) PLAN AND TRUST 2022 401k membership
Total participants, beginning-of-year	2022-01-01	204
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	200
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	2
Total of all active and inactive participants	2022-01-01	202
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	202
Number of participants with account balances	2022-01-01	28
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: HOPE OF THE VALLEY 401(K) PLAN AND TRUST 2021 401k membership
Total participants, beginning-of-year	2021-01-01	137
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	203
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	1
Total of all active and inactive participants	2021-01-01	204
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	204
Number of participants with account balances	2021-01-01	29
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	1

Financial Data on HOPE OF THE VALLEY 401(K) PLAN AND TRUST

Measure	Date	Value
2022 : HOPE OF THE VALLEY 401(K) PLAN AND TRUST 2022 401k financial data
Total income from all sources (including contributions)	2022-12-31	$166,182
Total of all expenses incurred	2022-12-31	$5,900
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$369
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$253,920
Value of total assets at end of year	2022-12-31	$744,185
Value of total assets at beginning of year	2022-12-31	$583,903
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$5,531
Total interest from all sources	2022-12-31	$883
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Was this plan covered by a fidelity bond	2022-12-31	No
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$191,911
Participant contributions at end of year	2022-12-31	$18,190
Participant contributions at beginning of year	2022-12-31	$23,422
Participant contributions at beginning of year	2022-12-31	$9
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$18,259
Total non interest bearing cash at end of year	2022-12-31	$122
Total non interest bearing cash at beginning of year	2022-12-31	$122
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$160,282
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$744,185
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$583,903
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in pooled separate accounts at end of year	2022-12-31	$725,873
Value of interest in pooled separate accounts at beginning of year	2022-12-31	$395,350
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2022-12-31	$883
Net investment gain/loss from pooled separate accounts	2022-12-31	$-88,621
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Contributions received in cash from employer	2022-12-31	$43,750
Employer contributions (assets) at beginning of year	2022-12-31	$165,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$369
Contract administrator fees	2022-12-31	$5,531
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	HEDMAN PARTNERS LLP
Accountancy firm EIN	2022-12-31	854036357
2021 : HOPE OF THE VALLEY 401(K) PLAN AND TRUST 2021 401k financial data
Total income from all sources (including contributions)	2021-12-31	$317,177
Total of all expenses incurred	2021-12-31	$3,369
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$270,371
Value of total assets at end of year	2021-12-31	$583,903
Value of total assets at beginning of year	2021-12-31	$270,095
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$3,369
Total interest from all sources	2021-12-31	$1,133
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Was this plan covered by a fidelity bond	2021-12-31	No
If this is an individual account plan, was there a blackout period	2021-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$102,871
Participant contributions at end of year	2021-12-31	$23,422
Participant contributions at beginning of year	2021-12-31	$30,072
Participant contributions at end of year	2021-12-31	$9
Participant contributions at beginning of year	2021-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$0
Total non interest bearing cash at end of year	2021-12-31	$122
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$313,808
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$583,903
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$270,095
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in pooled separate accounts at end of year	2021-12-31	$395,350
Value of interest in pooled separate accounts at beginning of year	2021-12-31	$240,023
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2021-12-31	$1,133
Net investment gain/loss from pooled separate accounts	2021-12-31	$45,673
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Contributions received in cash from employer	2021-12-31	$167,500
Employer contributions (assets) at end of year	2021-12-31	$165,000
Employer contributions (assets) at beginning of year	2021-12-31	$0
Contract administrator fees	2021-12-31	$3,369
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	HEDMAN PARTNERS LLP
Accountancy firm EIN	2021-12-31	854036357

Form 5500 Responses for HOPE OF THE VALLEY 401(K) PLAN AND TRUST

2022: HOPE OF THE VALLEY 401(K) PLAN AND TRUST 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Plan funding arrangement – Insurance	Yes
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement – Insurance	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: HOPE OF THE VALLEY 401(K) PLAN AND TRUST 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	Yes
2021-01-01	Plan funding arrangement – Insurance	Yes
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement – Insurance	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

144202

Policy instance

Insurance contract or identification number	144202
Total amount of commissions paid to insurance broker	USD $1,769
Total amount of fees paid to insurance company	USD $306
Commission paid to Insurance Broker	USD $1,267
Amount paid for insurance broker fees	306
Additional information about fees paid to insurance broker	THIRD PARTY ADMINISTRATION AND INVESTMENT BROKER
Insurance broker organization code?	5

JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) (National Association of Insurance Commissioners NAIC id number: 65838 )

Policy contract number

144202

Policy instance

Insurance contract or identification number	144202
Number of Individuals Covered	32
Total amount of commissions paid to insurance broker	USD $1,909
Total amount of fees paid to insurance company	USD $0
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $1,909
Amount paid for insurance broker fees	0
Additional information about fees paid to insurance broker	THIRD PARTY ADMINISTRATION AND INVESTMENT BROKER
Insurance broker organization code?	5

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Company Name:	HOPE OF THE VALLEY RESCUE MISSION
Employer identification number (EIN):	272053273
NAIC Classification:	621498
NAIC Description:	All Other Outpatient Care Centers