2023 Form 5500 filing — Friendship Enterprises 401(K) Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241014175757NAL0047086672001) for Friendship Enterprises 401(K) Plan, reported by Friendship Automotive, Inc. under EIN 62-1545625 and plan number 002. It reports 467 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014175757NAL0047086672001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Friendship Automotive, Inc.
- EIN
- 62-1545625
- Plan number
- 002
- Location
- Bristol, TN
- Participants
- 467
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,441,652
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,441,652
- Employer contributions
- $33,623
- Participant contributions
- $908,049
- Total income / additions
- $3,122,353
- Benefits paid
- $327,960
- Administrative expenses
- $69,305
- Total expenses
- $409,579
- Net increase / (decrease)
- $2,712,774
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Capital Group Retirement Plan Svcs. | RECORDKEEPER | $27,670 | $0 |
| Wells Fargo Advisors LLC | INVESTMENT ADVISOR | $26,035 | not reported in the loaded dataset |
| Henderson Hutcherson & Mccullough P | AUDITOR | $15,600 | not reported in the loaded dataset |