Plan Snapshot
- Plan Sponsor: Friendly Home Services Group, LLC
- Sponsor EIN: 850654134
- Sponsor Address: 1301 SOLANA BOULEVARD, WESTLAKE, TX, 76262
- Plan Type: 401(k)
- Total Participants: 313
- Total Assets: $5.0M
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 | 313 | $5.0M | $426,945 | $796,206 |
| 2023 | 335 | $3.8M | $409,397 | $748,409 |
| 2022 | 270 | $1.7M | $327,429 | $638,210 |
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 |
|---|---|---|---|---|
| VELEZ & HARDY, LLC | Auditor | — | — | $0 |
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 | $41,525 | — | $41,525 | — | — |
| 2023 | $26,675 | $9,276 | $17,399 | — | — |
| 2022 | $33,874 | — | — | — | — |