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, Friedman Industries, Inc. Employees' Retirement & 401(K) Plan is a benefit plan reported by Friedman Industries, Incorporated under EIN 74-1504405 and plan number 002. The latest loaded filing year is 2023. The filing reports 204 participants and $9,798,321 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,798,321
- Total liabilities (EOY)
- $1,520
- Net assets (EOY)
- $9,796,801
- Net assets (BOY)
- $7,385,964
Income & contributions
- Employer contributions
- $764,548
- Participant contributions
- $1,221,634
- Total contributions
- $1,986,182
- Total income / additions
- $3,335,260
Expenses & distributions
- Benefits paid
- $879,755
- Administrative expenses
- $43,818
- Total expenses
- $924,423
- Net increase / (decrease)
- $2,410,837