Family Residences Retirement & 401(K) Savings Plan — Form 5500 plan (Family Residences & Essential)
Plain-English plan 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, Family Residences Retirement & 401(K) Savings Plan is a benefit plan reported by Family Residences & Essential under EIN 11-2420547 and plan number 002. The latest loaded filing year is 2023. The filing reports 2,342 participants and $67,722,083 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$67.7MPlan net assets, end of year$67,722,083
Participants2.3KCovered participants reported2,342
Assets / participant$28.9KComputed: assets ÷ participants$28,916 (computed)
Provider compensation$210.8K1 Schedule C provider row(s)$210,848
- Plan sponsor
- Family Residences & Essential
- EIN
- 11-2420547
- Plan number
- 002
- Plan type
- 3
- Location
- Old Bethpage, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,342 | H, C | 20241015104443NAL0014424339001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$67.7M total assets
Net assets$67.7MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $67,722,083
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $67,722,083
- Net assets (BOY)
- $55,311,407
Income & contributions
- Employer contributions
- $4,552,130
- Participant contributions
- $5,139,947
- Total contributions
- $9,785,580
- Total income / additions
- $18,870,435
Expenses & distributions
- Benefits paid
- $6,185,175
- Administrative expenses
- $211,738
- Total expenses
- $6,459,759
- Net increase / (decrease)
- $12,410,676
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
47%53%
Employer 47%Participant 53%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income33%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $210,848 | $0 | 2023 |