Plan Snapshot
- Plan Sponsor: Friendship Retirement Corporation
- Sponsor EIN: 860265218
- Sponsor Address: 59585 W PEORIA AVE #5160, GLENDALE, AZ, 85312
- Plan Type: 401(k)
- Total Participants: 322
- Total Assets: $3.4M
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 | 322 | $3.4M | $158,269 | $604,471 |
| 2023 | 422 | $2.6M | $95,870 | $432,532 |
| 2022 | 386 | $2.1M | $56,141 | $305,010 |
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 |
|---|---|---|---|---|
| MANSPERGER PATTERSON MCMULLIN PLC | 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 | $33,145 | $14,421 | — | — | — |
| 2023 | $31,084 | $13,811 | — | — | — |
| 2022 | $29,142 | $13,592 | $15,550 | — | — |