Civic Intelligence

Hope Electric Inc.

Plan context: Hope Electric Inc. 401(K) Plan

EIN 45-0423731 • Hope, ND • 13 filings • 1 plans

801 Steele AvenueHope, ND 58046
Current Snapshot

Latest Year

2024

2024 Participants

41

2024 Assets

$4,306,565

2024 Contributions

$335,901

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$4,641,900$2,320,950$0201220182024YearValue
$4,306,565Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

62310201220182024YearValue
41Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
2024141$4,306,565$335,901$8,193iApproximate average salary by contribution assumption: employee only about $204,818 at 4% or $136,545 at 6%; with 50% employer match about $136,545 at 4% or $91,030 at 6%; with 100% employer match about $102,409 at 4% or $68,273 at 6%.
Hope Electric Inc. 401(K) Plan-41$4,306,565$335,901$8,193iApproximate average salary by contribution assumption: employee only about $204,818 at 4% or $136,545 at 6%; with 50% employer match about $136,545 at 4% or $91,030 at 6%; with 100% employer match about $102,409 at 4% or $68,273 at 6%.
2023147$4,190,411$346,969$7,382iApproximate average salary by contribution assumption: employee only about $184,558 at 4% or $123,039 at 6%; with 50% employer match about $123,039 at 4% or $82,026 at 6%; with 100% employer match about $92,279 at 4% or $61,519 at 6%.
Hope Electric Inc. 401(K) Plan-47$4,190,411$346,969$7,382iApproximate average salary by contribution assumption: employee only about $184,558 at 4% or $123,039 at 6%; with 50% employer match about $123,039 at 4% or $82,026 at 6%; with 100% employer match about $92,279 at 4% or $61,519 at 6%.
2022149$3,663,093$382,122$7,798iApproximate average salary by contribution assumption: employee only about $194,960 at 4% or $129,973 at 6%; with 50% employer match about $129,973 at 4% or $86,649 at 6%; with 100% employer match about $97,480 at 4% or $64,987 at 6%.
Hope Electric Inc. 401(K) Plan-49$3,663,093$382,122$7,798iApproximate average salary by contribution assumption: employee only about $194,960 at 4% or $129,973 at 6%; with 50% employer match about $129,973 at 4% or $86,649 at 6%; with 100% employer match about $97,480 at 4% or $64,987 at 6%.
2021152$4,641,900$353,257$6,793iApproximate average salary by contribution assumption: employee only about $169,835 at 4% or $113,223 at 6%; with 50% employer match about $113,223 at 4% or $75,482 at 6%; with 100% employer match about $84,918 at 4% or $56,612 at 6%.
Hope Electric Inc. 401(K) Plan-52$4,641,900$353,257$6,793iApproximate average salary by contribution assumption: employee only about $169,835 at 4% or $113,223 at 6%; with 50% employer match about $113,223 at 4% or $75,482 at 6%; with 100% employer match about $84,918 at 4% or $56,612 at 6%.
2020157$4,255,119$394,572$6,922iApproximate average salary by contribution assumption: employee only about $173,058 at 4% or $115,372 at 6%; with 50% employer match about $115,372 at 4% or $76,915 at 6%; with 100% employer match about $86,529 at 4% or $57,686 at 6%.
Hope Electric Inc. 401(K) Plan-57$4,255,119$394,572$6,922iApproximate average salary by contribution assumption: employee only about $173,058 at 4% or $115,372 at 6%; with 50% employer match about $115,372 at 4% or $76,915 at 6%; with 100% employer match about $86,529 at 4% or $57,686 at 6%.
2019157$3,638,419$467,563$8,203iApproximate average salary by contribution assumption: employee only about $205,071 at 4% or $136,714 at 6%; with 50% employer match about $136,714 at 4% or $91,143 at 6%; with 100% employer match about $102,536 at 4% or $68,357 at 6%.
Hope Electric Inc. 401(K) Plan-57$3,638,419$467,563$8,203iApproximate average salary by contribution assumption: employee only about $205,071 at 4% or $136,714 at 6%; with 50% employer match about $136,714 at 4% or $91,143 at 6%; with 100% employer match about $102,536 at 4% or $68,357 at 6%.
2018158$3,345,225$438,284$7,557iApproximate average salary by contribution assumption: employee only about $188,916 at 4% or $125,944 at 6%; with 50% employer match about $125,944 at 4% or $83,962 at 6%; with 100% employer match about $94,458 at 4% or $62,972 at 6%.
Hope Electric Inc. 401(K) Plan-58$3,345,225$438,284$7,557iApproximate average salary by contribution assumption: employee only about $188,916 at 4% or $125,944 at 6%; with 50% employer match about $125,944 at 4% or $83,962 at 6%; with 100% employer match about $94,458 at 4% or $62,972 at 6%.
2017158$3,065,719$385,118$6,640iApproximate average salary by contribution assumption: employee only about $165,999 at 4% or $110,666 at 6%; with 50% employer match about $110,666 at 4% or $73,777 at 6%; with 100% employer match about $83,000 at 4% or $55,333 at 6%.
Hope Electric Inc. 401(K) Plan-58$3,065,719$385,118$6,640iApproximate average salary by contribution assumption: employee only about $165,999 at 4% or $110,666 at 6%; with 50% employer match about $110,666 at 4% or $73,777 at 6%; with 100% employer match about $83,000 at 4% or $55,333 at 6%.
2016159$2,333,889$402,723$6,826iApproximate average salary by contribution assumption: employee only about $170,645 at 4% or $113,764 at 6%; with 50% employer match about $113,764 at 4% or $75,842 at 6%; with 100% employer match about $85,323 at 4% or $56,882 at 6%.
Hope Electric Inc. 401(K) Plan-59$2,333,889$402,723$6,826iApproximate average salary by contribution assumption: employee only about $170,645 at 4% or $113,764 at 6%; with 50% employer match about $113,764 at 4% or $75,842 at 6%; with 100% employer match about $85,323 at 4% or $56,882 at 6%.
2015161$1,975,999$397,501$6,516iApproximate average salary by contribution assumption: employee only about $162,910 at 4% or $108,607 at 6%; with 50% employer match about $108,607 at 4% or $72,405 at 6%; with 100% employer match about $81,455 at 4% or $54,303 at 6%.
Hope Electric Inc. 401(K) Plan-61$1,975,999$397,501$6,516iApproximate average salary by contribution assumption: employee only about $162,910 at 4% or $108,607 at 6%; with 50% employer match about $108,607 at 4% or $72,405 at 6%; with 100% employer match about $81,455 at 4% or $54,303 at 6%.
2014162$1,854,961$440,023$7,097iApproximate average salary by contribution assumption: employee only about $177,429 at 4% or $118,286 at 6%; with 50% employer match about $118,286 at 4% or $78,857 at 6%; with 100% employer match about $88,714 at 4% or $59,143 at 6%.
Hope Electric Inc. 401(K) Plan-62$1,854,961$440,023$7,097iApproximate average salary by contribution assumption: employee only about $177,429 at 4% or $118,286 at 6%; with 50% employer match about $118,286 at 4% or $78,857 at 6%; with 100% employer match about $88,714 at 4% or $59,143 at 6%.
2013158$1,344,805$797,753$13,754iApproximate average salary by contribution assumption: employee only about $343,859 at 4% or $229,239 at 6%; with 50% employer match about $229,239 at 4% or $152,826 at 6%; with 100% employer match about $171,930 at 4% or $114,620 at 6%.
Hope Electric Inc. 401(K) Plan-58$1,344,805$797,753$13,754iApproximate average salary by contribution assumption: employee only about $343,859 at 4% or $229,239 at 6%; with 50% employer match about $229,239 at 4% or $152,826 at 6%; with 100% employer match about $171,930 at 4% or $114,620 at 6%.
2012152$378,888$365,334$7,026iApproximate average salary by contribution assumption: employee only about $175,641 at 4% or $117,094 at 6%; with 50% employer match about $117,094 at 4% or $78,063 at 6%; with 100% employer match about $87,821 at 4% or $58,547 at 6%.
Hope Electric Inc. 401(K) Plan-52$378,888$365,334$7,026iApproximate average salary by contribution assumption: employee only about $175,641 at 4% or $117,094 at 6%; with 50% employer match about $117,094 at 4% or $78,063 at 6%; with 100% employer match about $87,821 at 4% or $58,547 at 6%.