Plan Ledger DOL Form 5500 · updated monthly

Friendship Community Care Inc.401(k)

FRIENDSHIP COMMUNITY CARE INC. 401K PROFIT SHARING PLAN · RUSSELLVILLE, AR · plan year 2024

Reported admin expense ratio · 2024
0.07%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Friendship Community Care Inc. reported $10,609 in plan administrative expenses for 2024: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $249 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.22% to 0.07%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 173rd-largest of 456 plans among Arkansas employers on file, and the 4,169th of 11,911 in health care & social assistance. In 2024, employees put in $3.76 for every $1.00 the employer contributed; active participation has grown from 945 to 1,149 since 2022.

Plan summary
Net assets, end of year$16,746,465
Participants with balances868
Active participants1,149
Employer contributions$285,895
Employee contributions$1,075,804
Employer contribution per active participant$249
Average account balance$19,293
Benefits paid to participants$1,306,976
Plan auditUnmodified (clean) audit opinion
AuditorLANDMARK PLC CPAS
Plan history3
Yearassets · accounts · employer contribution
2024$16.7M · 868 accts · $286K emplr
2023$15.0M · 871 accts · $956K emplr
2022$12.0M · 841 accts · $778K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,609
Total administrative$10,609
The Friendship Community Care Inc. 401(k) match · 2024
Employer contribution per active participant$249
Median for plans this size$2,416
2024$249 per active participant
2023$899 per active participant
2022$823 per active participant

Friendship Community Care Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
AMERICAN UNITED LIFE INSURANCE CO · Recordkeeping · Participant communication$9,299
MESIROW FINANCIAL INV. MANAGEMENT · Investment advisory (plan)$7,760
EDWARD D JONES AND CO · Consultingindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$10,609 · 0.07%
2023$12,964 · 0.10%
2022$25,972 · 0.22%
Same employer
Similar plansHealth Care & Social Assistance · Arkansas
Practice Plus AR$17.4M · 0.36%
First Step, Inc. AR$16.3M · 0.44%
Families, Inc. AR$12.9M · 0.54%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 710433583 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.