2023 Form 5500 filing — Home Franchise Concepts Retirement Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240718122731NAL0003150595001) for Home Franchise Concepts Retirement Savings Plan, reported by Home Franchise Concepts, LLC under EIN 20-4607961 and plan number 001. It reports 323 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240718122731NAL0003150595001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Home Franchise Concepts, LLC
- EIN
- 20-4607961
- Plan number
- 001
- Location
- Irvine, CA
- Participants
- 323
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $18,644,248
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,644,248
- Employer contributions
- $1,710,203
- Participant contributions
- $2,182,610
- Total income / additions
- $7,053,878
- Benefits paid
- $1,406,166
- Administrative expenses
- $48,373
- Total expenses
- $1,454,539
- Net increase / (decrease)
- $5,599,339
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Capital Group Retirement Services | RECORDKEEPER | $18,217 | $0 |
| Oppenheimer & Co Inc | ADVISOR | $14,148 | not reported in the loaded dataset |
| Financial Management Network | ADVISOR | $7,691 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $4,020 | $0 |