# Families, INC. 401(k) Plan
Source: https://planprovider.pro/companies/families-inc-401k-plan-001-8877

> Families, INC.&#39;s 401(k) plan: 128 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Families, INC.

- **Sponsor EIN:** 710828877

- **Sponsor Address:** 1815 PLEASANT GROVE RD., JONESBORO, AR, 724017870

- **Plan Type:** 401(k)

- **Total Participants:** 128

- **Total Assets:** $12.9M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|128|$12.9M|$221,180|$396,747|

| 2023|150|$11.9M|$245,310|$421,915|

| 2022|174|$10.2M|$265,276|$475,308|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| HCJ CPAS AND ADVISORS, PLLC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [HCJ CPAS AND ADVISORS, PLLC](https://planprovider.pro/provider/hcj-cpas-and-advisors-pllc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $0

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$66,781|$64,581|$2,200|—|—|

| 2023|$58,174|$55,974|$2,200|—|—|

| 2022|$54,786|$52,786|$2,000|—|—|

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