# Friends Homes, INC. DC Plan
Source: https://planprovider.pro/companies/friends-homes-inc-plan-002

> Friends Homes, INC.'s DC plan: 330 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Friends Homes, INC.

- **Sponsor EIN:** 560754599

- **Sponsor Address:** 925 NEW GARDEN ROAD, GREENSBORO, NC, 274103245

- **Plan Type:** DC

- **Total Participants:** 330

- **Total Assets:** $4.5M

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** Yes

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

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

| 2024|330|$4.5M|$121,602|$333,800|

| 2023|321|$4.2M|$117,158|$304,736|

| 2022|303|$3.8M|$108,775|$317,993|

## 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|

| TURLINGTON AND COMPANY, LLP|Auditor|—|—|$0|

### Verified Provider Profiles

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

- [TURLINGTON AND COMPANY, LLP](https://planprovider.pro/provider/turlington-and-company-llp) — 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|$27,499|$27,499|—|—|—|

| 2023|$13,971|$13,971|—|—|—|

| 2022|$17,955|$17,955|—|—|—|

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