# Family Resources, INC. 401(k) Plan
Source: https://planprovider.pro/companies/family-resources-inc-401k-plan

> Family Resources, INC.'s 401(k) plan: 98 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Family Resources, INC.

- **Sponsor EIN:** 420698225

- **Sponsor Address:** 1414 W. LOMBARD STREET, DAVENPORT, IA, 52804

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

- **Total Participants:** 98

- **Total Assets:** $2.8M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **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|98|$2.8M|$147,328|$301,182|

| 2023|139|$2.8M|$128,866|$310,917|

| 2022|161|$2.3M|$104,439|$288,560|

## 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|

| MUTUAL OF AMERICA SEC. CORP LLC|RECORDKEEPER|$17,256|—|$17,256|

| ANDERSON, LOWER, WHITLOW, PC|Auditor|—|—|$0|

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $17,256

- **Estimated Expense Ratio:** 0.622% of plan assets

### 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|$23,038|$2,840|$1,904|—|—|

| 2023|$21,253|—|—|—|—|

| 2022|$18,597|—|—|—|—|

## Similar Plans

- [North Star Community Services,](https://planprovider.pro/companies/north-star-community-services-401k-plan) — 85 participants

- [Foundation 2, INC.](https://planprovider.pro/companies/foundation-2-inc-401k-plan) — 112 participants

- [C&H Corp.](https://planprovider.pro/companies/c-h-corp-401k-plan) — 24 participants

- [Bacon Seniors INC.](https://planprovider.pro/companies/bacon-seniors-inc-401k-plan) — 0 participants

- [Discovery Living, INC.](https://planprovider.pro/companies/discovery-living-inc-401k-plan) — 197 participants

- [Progress Industries](https://planprovider.pro/companies/progress-industries-403b-plan) — 199 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/family-resources-inc-401k-plan)

© 2026 PlanProvider.Pro