401(k) · DOL Form 5500 · 2024

Friends of Faith Retirement Home, Inc. 401(k) Plan

Data updated 2026-08-25

$6M
Total assets Small plan by assets
174
Participants Small participant base
45th
Percentile by assets National rank
$33,511
Avg per participant Low balance/head
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Official DOL plan name: Friendship Village 401(k) Plan · Sponsored by Friends of Faith Retirement Home, Inc. · Iowa · Healthcare & Social Assistance

$6M in assets, 174 participants

Friends of Faith Retirement Home, Inc.'s Friendship Village 401(k) Plan reported $6M in total assets and 174 participants in its 2024 DOL Form 5500 filing, ranking in the 45th 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.

  • #8,185 in Healthcare & Social Assistance (16,916 peers)

Coverage in Iowa

Friendship Village 401(k) Plan covers 174 participants in Iowa, about 29% of the average Iowa filer (state average ~609 per filing). Assets: $6M.

#8,185
in Healthcare & Social Assistance (16,916 peers)
+6.8%
assets growth YoY

Friendship Village 401(k) Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

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

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

$5,830,879 45th percentile higher than 45% 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 Village 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 Village 401(k) Plan sits mid-pack in the medium band (174 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Friendship Village 401(k) Plan reported net income fell from $851K in the plan year 2023 filing to $373K in the plan year 2024 filing.
  • Friendship Village 401(k) Plan end-of-year assets rose from $5M in the plan year 2023 filing to $6M in the plan year 2024 filing.
  • Friendship Village 401(k) Plan reported participants rose from 163 in the plan year 2023 filing to 174 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 510245745 · Friends of Faith Retirement Home, Inc. PY 2024 · 401(k)

Friendship Village 401(k) Plan · $6M · 174 · 45th

  • IND $6M
  • EOY 174
  • 5500 45th
  • ASSETS 401(k)
  • PCT near Waypoint Maine, Inc. 403(b) Plan
  • EIN ind #8185

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 Healthcare & Social Assistance retirement plans → · Plans in Iowa →

Friendship Village 401(k) Plan in the asset neighbourhood

Friendship Village 401(k) PlanFriendship Village 401(k) Pl…$6MWaypoint Maine, Inc. 403(b) PlanWaypoint Maine, Inc. 403(b) …$6MOak Ridge Investments, LLC 401(k) Retirement Plan & TrustOak Ridge Investments, LLC 4…$6MBering Home Center Inc. Retirement Savings PlanBering Home Center Inc. Reti…$6MTelespecialists, LLC 401(k) Profit Sharing Plan & TrustTelespecialists, LLC 401(k) …$6M
End-of-year total assets ($M) among Friendship Village 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Iowa filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$6M
Net Income$373K
Employer EIN510245745
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Friends of Faith Retirement Home, Inc.)

Sponsor-wide plan assets over time

All Friends of Faith Retirement Home, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$6M 26.574760759837694% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M$6M 202220232024 $4.61M $5.83M ▲ +26.5%
Year Plans Participants Total Assets
2022 1 141 $5M
2023 1 163 $5M
2024 1 174 $6M

Nearby 401(k) Plans in Iowa

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

Friendship Village 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Friendship Village 401(k) Plan, Total assets ($B): 0.005830879 · Participants: 174Friendship Village 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.579548793 · Participants: 12841The Principal Select Savings PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 3.375271119 · Participants: 14728The Rsm US LLP Retirement PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 3.306182291 · Participants: 25072Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 3.1084169 · Participants: 55411The Hy-Vee and Affiliates 401(k) PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.720479704 · Participants: 8059Transamerica 401(k) Retirement Savings Plan
Friendship Village 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Friendship Village 401(k) Plan side-by-side with 3 peers →

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

Outside Iowa, the nearest 401(k) by assets is Waypoint Maine, Inc. 403(b) Plan in ME ($6M); by covered participants it is Delta Systems, Inc. 401(k) Plan in OH (174 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (174 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 Village 401(k) Plan assets move in 2024? ▼
Friendship Village 401(k) Plan grew at a solid clip - up 6.8% during 2024, from $5M to $6M. Reported net income was $373K.
How have Friends of Faith Retirement Home, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Friends of Faith Retirement Home, Inc.'s sponsor-wide assets grew 26.6%, from $5M to $6M.
Which 401(k) plans are similar in size to Friendship Village 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Waypoint Maine, Inc. 403(b) Plan in ME ($6M, 400 participants).
Which 401(k) plans cover a similar participant headcount to Friendship Village 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Delta Systems, Inc. 401(k) Plan in OH (174 participants, $15M 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 510245745.

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.