401(k) · DOL Form 5500 · 2023

Friendship Foundation 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
645
Participants Below avg headcount
65th
Percentile by assets National rank
$21,449
Avg per participant Low balance/head
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Official DOL plan name: Friendship Foundation 401(k) Plan · Sponsored by Friendship Foundation · Virginia · Management of Enterprises

$14M in assets, 645 participants

Friendship Foundation's Friendship Foundation 401(k) Plan reported $14M in total assets and 645 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #507 in Management of Enterprises (1,137 peers)

Management of Enterprises sector rank

Within Management of Enterprises, Friendship Foundation 401(k) Plan ranks #507 of 1,137 2023 filers by assets (2570% of the sector average)-$14M for 645 participants.

#507
in Management of Enterprises (1,137 peers)
+31.0%
assets growth YoY

Friendship Foundation 401(k) Plan's mid-pack asset rank among Management of Enterprises and all filers

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

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

$13,834,676 Top 35% higher than 65% 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 Foundation 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 Foundation 401(k) Plan sits mid-pack in the medium band (645 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Friendship Foundation 401(k) Plan reported net income rose from $598K in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Friendship Foundation 401(k) Plan end-of-year assets rose from $11M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Friendship Foundation 401(k) Plan reported participants rose from 575 in the plan year 2022 filing to 645 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 541427948 · Friendship Foundation PY 2023 · 401(k)

Friendship Foundation 401(k) Plan · $14M · 645 · 65th

  • PART $14M
  • PART 645
  • PART 65th
  • PART 401(k)
  • PART near Woodmeister Master Builders 401(k) Profit Sharing Plan
  • PART ind #507

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 Management of Enterprises retirement plans → · Plans in Virginia →

Friendship Foundation 401(k) Plan in the asset neighbourhood

Woodmeister Master Builders 401(k) Profit Sharing PlanWoodmeister Master Builders …$14MJdk Management Co. L.P. Employee Savings and Retirement PlanJdk Management Co. L.P. Empl…$14MFriendship Foundation 401(k) PlanFriendship Foundation 401(k)…$14MMechanical Services & Design Inc. 401(k) PlanMechanical Services & Design…$14MEmployee Retirement Plan$14M
End-of-year total assets ($M) among Friendship Foundation 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Management of Enterprises filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$14M
Net Income$3M
Employer EIN541427948
Plan Effective Date1994-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Friendship Foundation)

Sponsor-wide plan assets over time

All Friendship Foundation plans reported in each filing year

Latest sponsor-wide plan assets
$17M 65.58302766679847% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $10.6M $17.5M ▲ +65.6%
Year Plans Participants Total Assets
2022 1 575 $11M
2023 1 645 $14M
2024 1 992 $17M

Nearby 401(k) Plans in Virginia

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

Friendship Foundation 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -10010203040 Total assets ($B) Participants Friendship Foundation 401(k) Plan, Total assets ($B): 0.013834676 · Participants: 645Friendship Foundation 401(k) PlanNorthrop Grumman Savings Plan, Total assets ($B): 36.173098625 · Participants: 97987Northrop Grumman Savings Plan401(k) Pension Plan, Total assets ($B): 14.97867624 · Participants: 62467401(k) Pension PlanGeneral Dynamics Corporation 401(k) Plan 6.0, Total assets ($B): 11.167449098 · Participants: 48860General Dynamics Corporation 401(k) Plan 6.0Leidos, Inc. Retirement Plan, Total assets ($B): 10.583898778 · Participants: 27043Leidos, Inc. Retirement PlanBae Systems Employees' Savings and Investment Plan, Total assets ($B): 9.406287325 · Participants: 31681Bae Systems Employees' Savings and Investment Plan
Friendship Foundation 401(k) Plan vs. nearby 401(k) plans in Virginia, assets vs. participants
Compare Friendship Foundation 401(k) Plan side-by-side with 3 peers →

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

Outside Virginia, the nearest 401(k) by assets is Woodmeister Master Builders 401(k) Profit Sharing Plan in MA ($14M); by covered participants it is Compugroup Medical Systems 401(k) Plan in TX (645 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (645 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 Foundation 401(k) Plan assets move in 2023? ▼
Friendship Foundation 401(k) Plan surged - up 31.0% during 2023, from $11M to $14M. Reported net income was $3M.
How have Friendship Foundation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Friendship Foundation's sponsor-wide assets grew 65.6%, from $11M to $17M.
Which 401(k) plans are similar in size to Friendship Foundation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Woodmeister Master Builders 401(k) Profit Sharing Plan in MA ($14M, 107 participants).
Which 401(k) plans cover a similar participant headcount to Friendship Foundation 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Compugroup Medical Systems 401(k) Plan in TX (645 participants, $40M 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 541427948.

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.