401(k) · DOL Form 5500 · 2023

Friendship Automotive, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
419
Participants Below avg headcount
57th
Percentile by assets National rank
$22,534
Avg per participant Low balance/head
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Official DOL plan name: Friendship Enterprises 401(k) Plan · Sponsored by Friendship Automotive, Inc. · Tennessee · Retail Trade

$9M in assets, 419 participants

Friendship Automotive, Inc.'s Friendship Enterprises 401(k) Plan reported $9M in total assets and 419 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • #5,721 in Retail Trade (8,414 peers)

Coverage in Tennessee

Friendship Enterprises 401(k) Plan covers 419 participants in Tennessee, about 37% of the average Tennessee filer (state average ~1,126 per filing). Assets: $9M.

#5,721
in Retail Trade (8,414 peers)
+40.3%
assets growth YoY

Friendship Enterprises 401(k) Plan's mid-pack asset rank among Retail Trade and all filers

Friendship Enterprises 401(k) Plan vs every filed plan by assets

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

$9,441,652 Top 43% higher than 57% 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

Friendship Enterprises 401(k) 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. Friendship Enterprises 401(k) Plan sits mid-pack in the medium band (419 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Friendship Enterprises 401(k) Plan reported net income rose from -$935K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Friendship Enterprises 401(k) Plan end-of-year assets rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Friendship Enterprises 401(k) Plan reported participants rose from 360 in the plan year 2022 filing to 419 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 621545625 · Friendship Automotive, Inc. PY 2023 · 401(k)

Friendship Enterprises 401(k) Plan · $9M · 419 · 57th

  • IND $9M
  • EOY 419
  • 5500 57th
  • ASSETS 401(k)
  • PCT near Accelerate Learning Inc. Retirement Plan
  • EIN ind #5721

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 Retail Trade retirement plans → · Plans in Tennessee →

Friendship Enterprises 401(k) Plan in the asset neighbourhood

Friendship Enterprises 401(k) PlanFriendship Enterprises 401(k…$9MAccelerate Learning Inc. Retirement PlanAccelerate Learning Inc. Ret…$9MPr Management, Corp. Retirement PlanPr Management, Corp. Retirem…$9MFire-Dex, LLC 401(k) Plan$9MStateserv Medical LLC 401(k) Profit Sharing Plan & TrustStateserv Medical LLC 401(k)…$9M
End-of-year total assets ($M) among Friendship Enterprises 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$3M
Employer EIN621545625
Plan Effective Date2008-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Friendship Automotive, Inc.)

Sponsor-wide plan assets over time

All Friendship Automotive, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$11M 68.21721243868592% vs 2022
2024 filing year
$6M$8M$10M$12M 202220232024 $6.73M $11.3M ▲ +68.2%
Year Plans Participants Total Assets
2022 1 360 $7M
2023 1 419 $9M
2024 1 580 $11M

Nearby 401(k) Plans in Tennessee

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

Friendship Enterprises 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -100102030 Total assets ($B) Participants Friendship Enterprises 401(k) Plan, Total assets ($B): 0.009441652 · Participants: 419Friendship Enterprises 401(k) PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 23.88081991 · Participants: 127010Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 21.53517366 · Participants: 291649Hca 401(k) PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.743557391 · Participants: 5728Federal Express Corporation Pilots Retirement Savings PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.621886139 · Participants: 12153International Paper Company Salaried Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.517708174 · Participants: 62487Chs/Community Health Systems, Inc. Retirement Savings Plan
Friendship Enterprises 401(k) Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Friendship Enterprises 401(k) Plan side-by-side with 3 peers →

Friendship Enterprises 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Accelerate Learning Inc. Retirement Plan in TX ($9M); by covered participants it is Grecian Delight/Kronos Retirement Savings Plan in IL (419 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (419 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 Friendship Enterprises 401(k) Plan assets move in 2023? ▼
Friendship Enterprises 401(k) Plan surged - up 40.3% during 2023, from $7M to $9M. Reported net income was $3M.
How have Friendship Automotive, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Friendship Automotive, Inc.'s sponsor-wide assets grew 68.2%, from $7M to $11M.
Which 401(k) plans are similar in size to Friendship Enterprises 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Accelerate Learning Inc. Retirement Plan in TX ($9M, 262 participants).
Which 401(k) plans cover a similar participant headcount to Friendship Enterprises 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Grecian Delight/Kronos Retirement Savings Plan in IL (419 participants, N/A 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 621545625.

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.