401(k) · DOL Form 5500 · 2024

Friendship Bancorp, Inc. 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
110
Participants Small participant base
55th
Percentile by assets National rank
$86,950
Avg per participant Below avg balance/head
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Official DOL plan name: Friendship Bancorp 401(k) Plan · Sponsored by Friendship Bancorp, Inc. · Indiana · Management of Enterprises

$10M in assets, 110 participants

Friendship Bancorp, Inc.'s Friendship Bancorp 401(k) Plan reported $10M in total assets and 110 participants in its 2024 DOL Form 5500 filing, ranking in the 55th 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.

  • #437 in Management of Enterprises (1,133 peers)

Coverage in Indiana

Friendship Bancorp 401(k) Plan covers 110 participants in Indiana, about 20% of the average Indiana filer (state average ~541 per filing). Assets: $10M.

#437
in Management of Enterprises (1,133 peers)
+11.1%
assets growth YoY

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

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$9,564,528 Top 45% higher than 55% of 123,620 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 2024

Friendship Bancorp 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Friendship Bancorp 401(k) Plan sits mid-pack in the medium band (110 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Friendship Bancorp 401(k) Plan reported net income fell from $1M in the plan year 2023 filing to $952K in the plan year 2024 filing.
  • Friendship Bancorp 401(k) Plan end-of-year assets rose from $9M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Friendship Bancorp 401(k) Plan reported participants fell from 112 in the plan year 2023 filing to 110 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 351749607 · Friendship Bancorp, Inc. PY 2024 · 401(k)

Friendship Bancorp 401(k) Plan · $10M · 110 · 55th

  • PHOTO $10M
  • IND 110
  • EOY 55th
  • 5500 401(k)
  • ASSETS near Hospice of New York LLC 401(k) Profit Sharing Plan & Trust
  • PCT ind #437

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 Indiana →

Friendship Bancorp 401(k) Plan in the asset neighbourhood

Friendship Bancorp 401(k) PlanFriendship Bancorp 401(k) Pl…$10MHospice of New York LLC 401(k) Profit Sharing Plan & TrustHospice of New York LLC 401(…$10MRiverside Energy Michigan LLC 401(k) PlanRiverside Energy Michigan LL…$10MStonetrust Commercial Insurance Company 401(k) PlanStonetrust Commercial Insura…$10MJ. Kennedy and Associates, Inc. 401(k) Profit Sharing PlanJ. Kennedy and Associates, I…$10M
End-of-year total assets ($M) among Friendship Bancorp 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$10M
Net Income$952K
Employer EIN351749607
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Friendship Bancorp, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$10M 28.434610330439014% vs 2022
2024 filing year
$7M$8M$9M$10M 202220232024 $7.45M $9.56M ▲ +28.3%
Year Plans Participants Total Assets
2022 2 213 $7M
2023 1 112 $9M
2024 1 110 $10M

Nearby 401(k) Plans in Indiana

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

Friendship Bancorp 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Friendship Bancorp 401(k) Plan, Total assets ($B): 0.009564528 · Participants: 110Friendship Bancorp 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Friendship Bancorp 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Friendship Bancorp 401(k) Plan side-by-side with 3 peers →

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

Outside Indiana, the nearest 401(k) by assets is Hospice of New York LLC 401(k) Profit Sharing Plan & Trust in NY ($10M); by covered participants it is Baymeadows Animal Hospital LLC 401(k) Profit Sharing Plan & Trust in FL (110 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (110 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Friendship Bancorp 401(k) Plan assets move in 2024? ▼
Friendship Bancorp 401(k) Plan grew at a solid clip - up 11.1% during 2024, from $9M to $10M. Reported net income was $952K.
How have Friendship Bancorp, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Friendship Bancorp, Inc.'s sponsor-wide assets grew 28.4%, from $7M to $10M.
Which 401(k) plans are similar in size to Friendship Bancorp 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Hospice of New York LLC 401(k) Profit Sharing Plan & Trust in NY ($10M, 175 participants).
Which 401(k) plans cover a similar participant headcount to Friendship Bancorp 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Baymeadows Animal Hospital LLC 401(k) Profit Sharing Plan & Trust in FL (110 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 351749607.

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.