ESOP · DOL Form 5500 · 2023

Friends & Family Home Care Services, LLC ESOP

Data updated 2026-08-11

$44M
Total assets: 7,960
Participants: 84th
Percentile by assets: $5,478
Avg per participant

Official DOL plan name: Friends & Family Prevailing Wage ESOP Retirement Plan · Sponsored by Friends & Family Home Care Services, LLC · New York · Healthcare & Social Assistance

$44M in assets, 7,960 participants

Friends & Family Home Care Services, LLC's Friends & Family Prevailing Wage ESOP Retirement Plan reported $44M in total assets and 7,960 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

84th percentile by assets (of 127,072 plans)
#15,286 in Healthcare & Social Assistance (17,684 peers)

Coverage in New York

Friends & Family Prevailing Wage ESOP Retirement Plan covers 7,960 participants in New York, 10.0x the typical New York plan (state average ~798 per filing). Assets: $44M.

$44M
total plan assets (2023 EOY): 7,960
covered participants: 84th
percentile by assets (of 127,072 plans): $5,478
avg assets per participant

Where Friends & Family Prevailing Wage ESOP Retirement Plan sits by total assets

Friends & Family Prevailing Wage ESOP Retirement Plan vs every filed plan by assets

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

$43,604,646 Top 16% higher than 84% of 127,068 filed plans

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

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

Friends & Family Prevailing Wage ESOP Retirement Plan end-of-year assets rose from $26M in the plan year 2022 filing to $44M in the plan year 2023 filing.
Friends & Family Prevailing Wage ESOP Retirement Plan reported participants rose from 6,184 in the plan year 2022 filing to 7,960 in the plan year 2023 filing.
Friends & Family Prevailing Wage ESOP Retirement Plan reported net income rose from $16M in the plan year 2022 filing to $20M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

New York

Industry

Healthcare & Social Assistance

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Friends & Family Prevailing Wage ESOP Retirement Plan reports 7,960 participants - 10.0x that state average ($44M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)	$26M
Net Assets (End of Year)	$41M
Net Income	$20M
Employer EIN	462961005
Plan Effective Date	2020-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Friends & Family Home Care Services, LLC)

Total plan assets by year, all Friends & Family Home Care Services, LLC plans on file

Year	Plans	Participants	Total Assets
2022	1	6,184	$26M
2023	1	7,960	$44M
2024	1	8,018	$71M

Nearby ESOP Plans in New York

Peer ESOP plans, same state, same plan type, ranked by total assets.

Friends & Family Prevailing Wage ESOP Retirement Plan vs. nearby ESOP plans in New York, assets vs. participants

Stewart's Shops Corp Employee Stock Ownership Plan $877M · 3,439
North Coast Holdings Employee Stock Ownership Plan $406M · 4,467
Griffon Corporation Employee Stock Ownership Plan $299M · 3,674
Greenman-Pedersen, Inc. Employee Stock Ownership Plan $248M · 1,704
H.C. Wainwright & Co. Employee Stock Ownership Plan $242M · 93

Compare Friends & Family Prevailing Wage ESOP Re… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Friends & Family Prevailing Wage ESOP Retirement Plan by total assets, not by location.

Weco Employee Stock Ownership Plan and Trust (IA) $44M · 142
Wolgast Corporation Employee Stock Ownership Plan (MI) $44M · 120
Southeast Bancorp, Inc. Employee Stock Ownership Plan (TN) $44M · 266
Applied Information Sciences, Inc. Employee Stock Ownership Plan (VA) $44M · 389

Frequently Asked Questions

How did Friends & Family Prevailing Wage ESOP Retirement Plan assets move in 2023? ▼

Friends & Family Prevailing Wage ESOP Retirement Plan surged - up 65.3% during 2023, from $26M to $44M. Reported net income was $20M.

How have Friends & Family Home Care Services, LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Friends & Family Home Care Services, LLC's sponsor-wide assets grew 168.6%, from $26M to $71M.

Where does Friends & Family Prevailing Wage ESOP Retirement Plan rank by assets among Form 5500 filers? ▼

Friends & Family Prevailing Wage ESOP Retirement Plan ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which ESOP plans are similar in size to Friends & Family Prevailing Wage ESOP Retirement Plan? ▼

Among ESOP plans in other states, the closest by assets is Weco Employee Stock Ownership Plan and Trust in IA ($44M, 142 participants).

Next read for Friends & Family Prevailing Wage ESOP Re…

Filing takeaways

Ways to act on Friends & Family Prevailing Wage ESOP Retirement Plan's numbers.

By total assets, Friends & Family Prevailing Wage ESOP Retirement Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in New York. Compare plans
Friends & Family Home Care Services, LLC's sponsor-wide assets have grown 168.6% since 2022 across 3 plan years on file. More Healthcare & Social Assistance plans

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 462961005.