Home Franchise Concepts Retirement Savings Plan — Form 5500 plan (Home Franchise Concepts, LLC)
Plain-English plan 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, Home Franchise Concepts Retirement Savings Plan is a benefit plan reported by Home Franchise Concepts, LLC under EIN 20-4607961 and plan number 001. The latest loaded filing year is 2023. The filing reports 323 participants and $18,644,248 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Home Franchise Concepts, LLC
- EIN
- 20-4607961
- Plan number
- 001
- Plan type
- 2
- Location
- Irvine, CA
- Latest filing year
- 2023
- Participants
- 323
- End-of-year plan assets
- $18,644,248
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 323 | H, C | 20240718122731NAL0003150595001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $18,644,248
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $18,644,248
- Net assets (BOY)
- $13,044,909
Income & contributions
- Employer contributions
- $1,710,203
- Participant contributions
- $2,182,610
- Total contributions
- $4,078,970
- Total income / additions
- $7,053,878
Expenses & distributions
- Benefits paid
- $1,406,166
- Administrative expenses
- $48,373
- Total expenses
- $1,454,539
- Net increase / (decrease)
- $5,599,339
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Capital Group Retirement Services | RECORDKEEPER | $18,217 | $0 | 2023 |
| Oppenheimer & Co Inc | ADVISOR | $14,148 | not reported in the loaded dataset | 2023 |
| Financial Management Network | ADVISOR | $7,691 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $4,020 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Home Franchise Concepts, LLC
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Irvine, CA
- Capital Group Retirement Services — Schedule C compensation
- Oppenheimer & Co Inc — Schedule C compensation
- Financial Management Network — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation