Plan Snapshot
- Plan Sponsor: Hope Media Group
- Sponsor EIN: 742162248
- Sponsor Address: 1722 TREBLE DRIVE, HUMBLE, TX, 77338
- Plan Type: 403(b)
- Total Participants: 194
- Total Assets: $7.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 194 | $7.7M | $544,290 | $758,026 |
| 2023 | 198 | $7.0M | $596,091 | $663,564 |
| 2022 | 99 | $5.1M | $301,746 | $330,906 |
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 |
|---|---|---|---|---|
| ENVOY TPA AND RECORDKEEPING, INC | SERVICE PROVIDER | $78,330 | — | $78,330 |
| CAPIN CROUSE | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $78,330
- Estimated Expense Ratio: 1.011% of plan assets
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 | $78,330 | — | — | — | — |
| 2023 | $63,809 | — | — | — | — |
| 2022 | — | — | — | — | — |