Friendly Holding Company Retirement Savings Plan — Form 5500 plan (Betten Friendly Motors)
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, Friendly Holding Company Retirement Savings Plan is a benefit plan reported by Betten Friendly Motors under EIN 38-2023962 and plan number 001. The latest loaded filing year is 2023. The filing reports 249 participants and $9,015,866 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Betten Friendly Motors
- EIN
- 38-2023962
- Plan number
- 001
- Plan type
- 2
- Location
- Grand Haven, MI
- Latest filing year
- 2023
- Participants
- 249
- End-of-year plan assets
- $9,015,866
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 249 | H, C | 20241014140929NAL0015074307001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,015,866
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,015,866
- Net assets (BOY)
- $7,394,289
Income & contributions
- Employer contributions
- $125,141
- Participant contributions
- $884,446
- Total contributions
- $1,127,660
- Total income / additions
- $2,452,453
Expenses & distributions
- Benefits paid
- $735,431
- Administrative expenses
- $51,500
- Total expenses
- $830,876
- Net increase / (decrease)
- $1,621,577
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $31,479 | $0 | 2023 |
| Principal Securities Inc | BROKER/ADVISER | $0 | $20,021 | 2023 |
| Leafhouse Financial Advisors, LLC | OTHER | $4,022 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Betten Friendly Motors
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Grand Haven, MI
- Empower Annuity Insurance Company O — Schedule C compensation
- Principal Securities Inc — Schedule C compensation
- Leafhouse Financial Advisors, LLC — Schedule C compensation