Plan Snapshot
- Plan Sponsor: Hope Christian Schools, INC.
- Sponsor EIN: 850244670
- Sponsor Address: 8005 LOUISIANA BLVD., NE, ALBUQUERQUE, NM, 87109
- Plan Type: 403(b)
- Total Participants: 172
- Total Assets: $5.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 172 | $5.7M | $152,645 | $322,501 |
| 2023 | 157 | $4.9M | $152,330 | $288,042 |
| 2022 | 168 | $4.5M | $143,298 | $241,808 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| LOFTIS & LOVATO GROUP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LOFTIS & LOVATO GROUP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $15,716 | — | $222 | — | — |
| 2023 | $58,486 | $20,885 | $6,996 | — | — |
| 2022 | $60,215 | $18,701 | $31,567 | — | $9,947 |