Friendship Village 401(K) Plan — Form 5500 plan (Friends Of Faith Retirement Home, 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 Village 401(K) Plan is a benefit plan reported by Friends Of Faith Retirement Home, Inc. under EIN 51-0245745 and plan number 002. The latest loaded filing year is 2023. The filing reports 214 participants and $5,457,616 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Friends Of Faith Retirement Home, Inc.
EIN
51-0245745
Plan number
002
Plan type
2
Location
Waterloo, IA
Latest filing year
2023
Participants
214
End-of-year plan assets
$5,457,616

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023214H, C20241014112741NAL0013202035001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$5,457,616
Total liabilities (EOY)
$0
Net assets (EOY)
$5,457,616
Net assets (BOY)
$4,606,668

Income & contributions

Employer contributions
$269,892
Participant contributions
$314,390
Total contributions
$599,369
Total income / additions
$1,356,201

Expenses & distributions

Benefits paid
$450,603
Administrative expenses
$51,358
Total expenses
$505,253
Net increase / (decrease)
$850,948

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Qualified Plan Consultants, LLCTPA$4,022not reported in the loaded dataset2023
John Hancock Life Insurance CompanyRECORDKEEPER$2,415not reported in the loaded dataset2023

Related Form 5500 pages