401(k) · DOL Form 5500 · 2023

Friendship Academy 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
429
Participants Below avg headcount
63rd
Percentile by assets National rank
$28,116
Avg per participant Low balance/head
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Official DOL plan name: Watson Friendship Academy 403(b) Retirement Plan · Sponsored by Friendship Academy · Pennsylvania · Educational Services

$12M in assets, 429 participants

Friendship Academy's Watson Friendship Academy 403(b) Retirement Plan reported $12M in total assets and 429 participants in its 2023 DOL Form 5500 filing, ranking in the 63rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #1,696 in Educational Services (3,735 peers)

Friendship Academy multi-year trail

Friendship Academy's plans moved +37.6% in assets from 2022 to 2024; this filing shows Watson Friendship Academy 403(b) Retirement Plan at $12M / 429 participants.

#1,696
in Educational Services (3,735 peers)
+25.1%
assets growth YoY

Watson Friendship Academy 403(b) Retirement Plan's mid-pack asset rank among Educational Services and all filers

Watson Friendship Academy 403(b) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$12,061,691 Top 37% higher than 63% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Watson Friendship Academy 403(b) Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Watson Friendship Academy 403(b) Retirement Plan sits mid-pack in the medium band (429 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Watson Friendship Academy 403(b) Retirement Plan reported net income rose from -$464K in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Watson Friendship Academy 403(b) Retirement Plan end-of-year assets rose from $10M in the plan year 2022 filing to $12M in the plan year 2023 filing.
  • Watson Friendship Academy 403(b) Retirement Plan reported participants rose from 417 in the plan year 2022 filing to 429 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 256012886 · Friendship Academy PY 2023 · 401(k)

Watson Friendship Academy 403(b) Retirement Plan · $12M · 429 · 63rd

  • EOY $12M
  • 5500 429
  • ASSETS 63rd
  • PCT 401(k)
  • EIN near Nardella & Taylor Plan
  • RANK ind #1696

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Educational Services retirement plans → · Plans in Pennsylvania →

Watson Friendship Academy 403(b) Retirement Plan in the asset neighbourhood

Watson Friendship Academy 403(b) Retirement PlanWatson Friendship Academy 40…$12MNardella & Taylor Plan$12MWise Construction Corp. 401(k) PlanWise Construction Corp. 401(…$12MPhillips Farms, LLC 401(k) PlanPhillips Farms, LLC 401(k) P…$12MBeauty by Imagination 401(k) PlanBeauty by Imagination 401(k)…$12M
End-of-year total assets ($M) among Watson Friendship Academy 403(b) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Friendship Academy multi-year asset trail

Sponsor-wide plan assets over time

All Friendship Academy plans reported in each filing year

Latest sponsor-wide plan assets
$13M 37.5528151722294% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $9.64M $13.3M ▲ +37.6%
Year Plans Participants Total Assets
2022 1 417 $10M
2023 1 429 $12M
2024 1 465 $13M

Friendship Academy filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$12M
Net Income$2M
Employer EIN256012886
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Watson Friendship Academy 403(b) Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Watson Friendship Academy 403(b) Retirement Plan, Total assets ($B): 0.012061691 · Participants: 429Watson Friendship Academy 403(b) Retirement PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Watson Friendship Academy 403(b) Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Watson Friendship Academy 403(b) Retirement Plan side-by-side with 3 peers →

Watson Friendship Academy 403(b) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Nardella & Taylor Plan in MA ($12M); by covered participants it is The Chateau Restaurant Group 401(k) Plan in MA (429 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($12M here).

Similar participant headcount

Nearest other-state filings by covered participants (429 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Watson Friendship Academy 403(b) Retirement Plan assets move in 2023? ▼
Watson Friendship Academy 403(b) Retirement Plan grew sharply - up 25.1% during 2023, from $10M to $12M. Reported net income was $2M.
How have Friendship Academy plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Friendship Academy's sponsor-wide assets grew 37.6%, from $10M to $13M.
Which 401(k) plans are similar in size to Watson Friendship Academy 403(b) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nardella & Taylor Plan in MA ($12M, 29 participants).
Which 401(k) plans cover a similar participant headcount to Watson Friendship Academy 403(b) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is The Chateau Restaurant Group 401(k) Plan in MA (429 participants, $12M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 256012886.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.