Plan5500

Friendship Bancorp 401(K) Plan — Form 5500 plan (Friendship Bancorp, Inc.)

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, Friendship Bancorp 401(K) Plan is a benefit plan reported by Friendship Bancorp, Inc. under EIN 35-1749607 and plan number 001. The latest loaded filing year is 2023. The filing reports 147 participants and $8,612,283 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Friendship Bancorp, Inc.
EIN
35-1749607
Plan number
001
Plan type
2
Location
Friendship, IN
Latest filing year
2023
Participants
147
End-of-year plan assets
$8,612,283

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023147H, C20241003150500NAL0005801987001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$8,612,283
Total liabilities (EOY)
$0
Net assets (EOY)
$8,612,283
Net assets (BOY)
$7,447,002

Income & contributions

Employer contributions
$161,816
Participant contributions
$526,398
Total contributions
$688,214
Total income / additions
$1,792,809

Expenses & distributions

Benefits paid
$568,549
Administrative expenses
$51,531
Total expenses
$627,528
Net increase / (decrease)
$1,165,281

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
9258 Wealth Management, LLCINVESTMENT ADVISOR$22,937not reported in the loaded dataset2023
John Hancock Life Insurance CompanyRECORDKEEPER$602not reported in the loaded dataset2023

Related Form 5500 pages