ESOP · DOL Form 5500 · 2024

Friends & Family Home Care Services, LLC ESOP

Data updated 2026-08-25

$71M
Total assets Below avg plan size
8,018
Participants Very large workforce
88th
Percentile by assets National rank
$8,836
Avg per participant Low balance/head
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Official DOL plan name: Friends & Family Prevailing Wage ESOP Retirement Plan · Sponsored by Friends & Family Home Care Services, LLC · New York · Healthcare & Social Assistance

$71M in assets, 8,018 participants

Friends & Family Home Care Services, LLC's Friends & Family Prevailing Wage ESOP Retirement Plan reported $71M in total assets and 8,018 participants in its 2024 DOL Form 5500 filing, ranking in the 88th 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.

  • #15,116 in Healthcare & Social Assistance (16,916 peers)

Coverage in New York

Friends & Family Prevailing Wage ESOP Retirement Plan covers 8,018 participants in New York, 10x the typical New York plan (state average ~798 per filing). Assets: $71M.

#15,116
in Healthcare & Social Assistance (16,916 peers)
+62.5%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Friends & Family Prevailing Wage ESOP Retirement Plan's outsized position by total assets

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

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

$70,843,137 Top 12% higher than 88% 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

Friends & Family Prevailing Wage ESOP Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Friends & Family Prevailing Wage ESOP Retirement Plan lands in the large band (8,018 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Friends & Family Prevailing Wage ESOP Retirement Plan end-of-year assets rose from $44M in the plan year 2023 filing to $71M in the plan year 2024 filing.
  • Friends & Family Prevailing Wage ESOP Retirement Plan reported net income rose from $20M in the plan year 2023 filing to $30M in the plan year 2024 filing.
  • Friends & Family Prevailing Wage ESOP Retirement Plan reported participants rose from 7,960 in the plan year 2023 filing to 8,018 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 462961005 · Friends & Family Home Care Services, LLC PY 2024 · ESOP

Friends & Family Prevailing Wage ESOP Retirement Plan · $71M · 8,018 · 88th

  • RANK $71M
  • RANK 8,018
  • RANK 88th
  • RANK ESOP
  • RANK near Mortenson Dental Partners Employee Stock Ownership Plan
  • RANK ind #15116

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 What is an ESOP? → · Plans in New York →

Friends & Family Prevailing Wage ESOP Retirement Plan in the asset neighbourhood

Redner's Employees Profit Sharing and Stock Ownership PlanRedner's Employees Profit Sh…$71MLunseth Plumbing and Heating Co. ESOPLunseth Plumbing and Heating…$71MMortenson Dental Partners Employee Stock Ownership PlanMortenson Dental Partners Em…$71MFriends & Family Prevailing Wage ESOP Retirement PlanFriends & Family Prevailing …$71MOlsson, Inc. Employee Stock Ownership PlanOlsson, Inc. Employee Stock …$71M
End-of-year total assets ($M) among Friends & Family Prevailing Wage ESOP Retirement Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

New York filing particulars

Total Assets (Beginning of Year)$44M
Net Assets (End of Year)$71M
Net Income$30M
Employer EIN462961005
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

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

Sponsor-wide plan assets over time

All Friends & Family Home Care Services, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$71M 168.6207658697166% vs 2022
2024 filing year
$20M$40M$60M$80M 202220232024 $26.4M $70.8M ▲ +168.6%
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 Scatter plot of 6 data points. 0200040006000800010000 02004006008001000 Total assets ($M) Participants Friends & Family Prevailing Wage ESOP Retirement Plan, Total assets ($M): 70.843137 · Participants: 8018Friends & Family Prevailing Wage ESOP Retirement PlanStewart's Shops Corp Employee Stock Ownership Plan, Total assets ($M): 896.840227 · Participants: 3483Stewart's Shops Corp Employee Stock Ownership PlanNorth Coast Holdings Employee Stock Ownership Plan, Total assets ($M): 450.776522 · Participants: 3042North Coast Holdings Employee Stock Ownership PlanGriffon Corporation Employee Stock Ownership Plan, Total assets ($M): 306.094988 · Participants: 3209Griffon Corporation Employee Stock Ownership PlanGreenman-Pedersen, Inc. Employee Stock Ownership Plan, Total assets ($M): 254.362741 · Participants: 1716Greenman-Pedersen, Inc. Employee Stock Ownership PlanMarshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 234.345888 · Participants: 518Marshall & Sterling Enterprises, Inc. Employee Stock Ownership Plan
Friends & Family Prevailing Wage ESOP Retirement Plan vs. nearby ESOP plans in New York, assets vs. participants

Scale composition for Friends & Family Prevailing Wage ESOP Retirement Plan

Friends & Family Prevailing Wage ESOP Retirement Plan reports $71M in end-of-year assets across 8,018 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $8,836 per participant (6% of the national average assets-per-participant) . Net income for plan year 2024 was $30M.

This plan identity (EIN 462961005, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $26M to $71M (+168.6%) while covered participants moved from 6,184 to 8,018 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 6,184 $26M Open filing
2023 7,960 $44M Open filing
2024 · index core 8,018 $71M This page

Friends & Family Prevailing Wage ESOP Retirement Plan's out-of-state ESOP peers by assets and headcount

Outside New York, the nearest ESOP by assets is Mortenson Dental Partners Employee Stock Ownership Plan in KY ($71M); by covered participants it is Parsons Employee Stock Ownership Plan in CA (8,040 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (8,018 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 Friends & Family Prevailing Wage ESOP Retirement Plan assets move in 2024?
Friends & Family Prevailing Wage ESOP Retirement Plan surged - up 62.5% during 2024, from $44M to $71M. Reported net income was $30M.
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 88th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 Mortenson Dental Partners Employee Stock Ownership Plan in KY ($71M, 1,948 participants).
Which ESOP plans cover a similar participant headcount to Friends & Family Prevailing Wage ESOP Retirement Plan?
Among ESOP plans in other states, the closest by covered participants is Parsons Employee Stock Ownership Plan in CA (8,040 participants, $5.0B in assets).