Friendship Enterprises 401(K) Plan — Form 5500 plan (Friendship Automotive, 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 Enterprises 401(K) Plan is a benefit plan reported by Friendship Automotive, Inc. under EIN 62-1545625 and plan number 002. The latest loaded filing year is 2023. The filing reports 467 participants and $9,441,652 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Friendship Automotive, Inc.
- EIN
- 62-1545625
- Plan number
- 002
- Plan type
- 2
- Location
- Bristol, TN
- Latest filing year
- 2023
- Participants
- 467
- End-of-year plan assets
- $9,441,652
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 467 | H, C | 20241014175757NAL0047086672001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,441,652
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,441,652
- Net assets (BOY)
- $6,728,878
Income & contributions
- Employer contributions
- $33,623
- Participant contributions
- $908,049
- Total contributions
- $1,694,513
- Total income / additions
- $3,122,353
Expenses & distributions
- Benefits paid
- $327,960
- Administrative expenses
- $69,305
- Total expenses
- $409,579
- Net increase / (decrease)
- $2,712,774
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Capital Group Retirement Plan Svcs. | RECORDKEEPER | $27,670 | $0 | 2023 |
| Wells Fargo Advisors LLC | INVESTMENT ADVISOR | $26,035 | not reported in the loaded dataset | 2023 |
| Henderson Hutcherson & Mccullough P | AUDITOR | $15,600 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Friendship Automotive, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in TN
- 401(k) and benefit plan filings in Bristol, TN
- Capital Group Retirement Plan Svcs. — Schedule C compensation
- Wells Fargo Advisors LLC — Schedule C compensation
- Henderson Hutcherson & Mccullough P — Schedule C compensation