401k Plan data: FRIENDSHIP CORPORATION 401 K PROFIT SHARING PLAN TRUST plan

FRIENDSHIP CORPORATION 401 K PROFIT SHARING PLAN TRUST 401k Plan overview

Plan Name	FRIENDSHIP CORPORATION 401 K PROFIT SHARING PLAN TRUST
Plan identification number	001

FRIENDSHIP CORPORATION 401 K PROFIT SHARING PLAN TRUST Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

FRIENDSHIP CORPORATION has sponsored the creation of one or more 401k plans.

Company Name: FRIENDSHIP CORPORATION

Employer identification number (EIN): 061166250

NAIC Classification: 713900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan FRIENDSHIP CORPORATION 401 K PROFIT SHARING PLAN TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01 BRETT ISAACSON 2024-02-15
001 2022-01-01 BRETT ISAACSON 2023-09-12
001 2021-01-01 BRETT ISAACSON 2022-08-29
001 2020-01-01 BRETT ISAACSON 2021-06-16
001 2019-01-01 BRETT ISAACSON 2020-05-19
001 2018-01-01 BRETT ISAACSON 2019-07-08
001 2017-01-01 BRETT ISAACSON 2018-07-29
001 2016-01-01 BRETT ISAACSON 2017-09-25
001 2015-01-01 BRETT ISAACSON 2016-09-08
001 2014-01-01 BRETT ISAACSON
001 2013-01-01 BRETT ISAACSON 2014-07-15
001 2012-01-01 FRIENDSHIP CORPORATION
001 2010-02-01 MARY NIEUWSMA 2011-05-31

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed
001	2023-01-01	BRETT ISAACSON	2024-02-15
001	2022-01-01	BRETT ISAACSON	2023-09-12
001	2021-01-01	BRETT ISAACSON	2022-08-29
001	2020-01-01	BRETT ISAACSON	2021-06-16
001	2019-01-01	BRETT ISAACSON	2020-05-19
001	2018-01-01	BRETT ISAACSON	2019-07-08
001	2017-01-01	BRETT ISAACSON	2018-07-29
001	2016-01-01	BRETT ISAACSON	2017-09-25
001	2015-01-01	BRETT ISAACSON	2016-09-08
001	2014-01-01	BRETT ISAACSON
001	2013-01-01	BRETT ISAACSON	2014-07-15
001	2012-01-01	FRIENDSHIP CORPORATION
001	2010-02-01	MARY NIEUWSMA	2011-05-31

Plan Statistics for FRIENDSHIP CORPORATION 401 K PROFIT SHARING PLAN TRUST

401k plan membership statisitcs for FRIENDSHIP CORPORATION 401 K PROFIT SHARING PLAN TRUST

Measure Date Value
2014: FRIENDSHIP CORPORATION 401 K PROFIT SHARING PLAN TRUST 2014 401k membership
Total participants, beginning-of-year 2014-01-01 10
Total number of active participants reported on line 7a of the Form 5500 2014-01-01 10
Number of retired or separated participants receiving benefits 2014-01-01 0
Number of other retired or separated participants entitled to future benefits 2014-01-01 0
Total of all active and inactive participants 2014-01-01 10
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2014-01-01 0
Total participants 2014-01-01 10
Number of participants with account balances 2014-01-01 9
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2014-01-01 0
2012: FRIENDSHIP CORPORATION 401 K PROFIT SHARING PLAN TRUST 2012 401k membership
Total participants, beginning-of-year 2012-01-01 0
Total number of active participants reported on line 7a of the Form 5500 2012-01-01 9
Number of retired or separated participants receiving benefits 2012-01-01 0
Number of other retired or separated participants entitled to future benefits 2012-01-01 0
Total of all active and inactive participants 2012-01-01 9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2012-01-01 0
Total participants 2012-01-01 9
Number of participants with account balances 2012-01-01 8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2012-01-01 0

Measure	Date	Value
2014: FRIENDSHIP CORPORATION 401 K PROFIT SHARING PLAN TRUST 2014 401k membership
Total participants, beginning-of-year	2014-01-01	10
Total number of active participants reported on line 7a of the Form 5500	2014-01-01	10
Number of retired or separated participants receiving benefits	2014-01-01	0
Number of other retired or separated participants entitled to future benefits	2014-01-01	0
Total of all active and inactive participants	2014-01-01	10
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2014-01-01	0
Total participants	2014-01-01	10
Number of participants with account balances	2014-01-01	9
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2014-01-01	0
2012: FRIENDSHIP CORPORATION 401 K PROFIT SHARING PLAN TRUST 2012 401k membership
Total participants, beginning-of-year	2012-01-01	0
Total number of active participants reported on line 7a of the Form 5500	2012-01-01	9
Number of retired or separated participants receiving benefits	2012-01-01	0
Number of other retired or separated participants entitled to future benefits	2012-01-01	0
Total of all active and inactive participants	2012-01-01	9
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2012-01-01	0
Total participants	2012-01-01	9
Number of participants with account balances	2012-01-01	8
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2012-01-01	0

Financial Data on FRIENDSHIP CORPORATION 401 K PROFIT SHARING PLAN TRUST

Measure	Date	Value
2014 : FRIENDSHIP CORPORATION 401 K PROFIT SHARING PLAN TRUST 2014 401k financial data
Total plan liabilities at end of year	2014-12-31	$0
Total plan liabilities at beginning of year	2014-12-31	$0
Total income from all sources	2014-12-31	$56,235
Expenses. Total of all expenses incurred	2014-12-31	$5,233
Benefits paid (including direct rollovers)	2014-12-31	$5,233
Total plan assets at end of year	2014-12-31	$267,298
Total plan assets at beginning of year	2014-12-31	$216,296
Value of fidelity bond covering the plan	2014-12-31	$65,000
Total contributions received or receivable from participants	2014-12-31	$29,685
Other income received	2014-12-31	$9,933
Net income (gross income less expenses)	2014-12-31	$51,002
Net plan assets at end of year (total assets less liabilities)	2014-12-31	$267,298
Net plan assets at beginning of year (total assets less liabilities)	2014-12-31	$216,296
Total contributions received or receivable from employer(s)	2014-12-31	$16,617
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2014-12-31	$0
2012 : FRIENDSHIP CORPORATION 401 K PROFIT SHARING PLAN TRUST 2012 401k financial data
Transfers to/from the plan	2012-12-31	$0
Total plan liabilities at end of year	2012-12-31	$0
Total plan liabilities at beginning of year	2012-12-31	$0
Total income from all sources	2012-12-31	$327,772
Expenses. Total of all expenses incurred	2012-12-31	$163,243
Benefits paid (including direct rollovers)	2012-12-31	$163,048
Total plan assets at end of year	2012-12-31	$164,529
Total plan assets at beginning of year	2012-12-31	$0
Value of fidelity bond covering the plan	2012-12-31	$20,000
Total contributions received or receivable from participants	2012-12-31	$47,831
Expenses. Other expenses not covered elsewhere	2012-12-31	$0
Contributions received from other sources (not participants or employers)	2012-12-31	$0
Other income received	2012-12-31	$279,941
Net income (gross income less expenses)	2012-12-31	$164,529
Net plan assets at end of year (total assets less liabilities)	2012-12-31	$164,529
Net plan assets at beginning of year (total assets less liabilities)	2012-12-31	$0
Total contributions received or receivable from employer(s)	2012-12-31	$0
Value of certain deemed distributions of participant loans	2012-12-31	$0
Value of corrective distributions	2012-12-31	$0
Expenses. Administrative service providers (salaries,fees and commissions)	2012-12-31	$195
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2012-12-31	$0
Funding deficiency by the employer to the plan for this plan year	2012-12-31	$0
Minimum employer required contribution for this plan year	2012-12-31	$0
Amount contributed by the employer to the plan for this plan year	2012-12-31	$0

Form 5500 Responses for FRIENDSHIP CORPORATION 401 K PROFIT SHARING PLAN TRUST

2014: FRIENDSHIP CORPORATION 401 K PROFIT SHARING PLAN TRUST 2014 form 5500 responses
2014-01-01	Type of plan entity	Single employer plan
2014-01-01	Plan funding arrangement – Insurance	Yes
2014-01-01	Plan funding arrangement – Trust	Yes
2014-01-01	Plan benefit arrangement – Insurance	Yes
2014-01-01	Plan benefit arrangement - Trust	Yes
2012: FRIENDSHIP CORPORATION 401 K PROFIT SHARING PLAN TRUST 2012 form 5500 responses
2012-01-01	Type of plan entity	Single employer plan
2012-01-01	Submission has been amended	No
2012-01-01	This submission is the final filing	No
2012-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2012-01-01	Plan is a collectively bargained plan	No
2012-01-01	Plan funding arrangement – Trust	Yes
2012-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )

Policy contract number

613953 & 525720

Policy instance

Insurance contract or identification number	613953 & 525720
Number of Individuals Covered	11
Insurance policy start date	2014-01-01
Insurance policy end date	2014-12-31
Total amount of commissions paid to insurance broker	USD $89
Total amount of fees paid to insurance company	USD $4
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	Yes
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No
Commission paid to Insurance Broker	USD $89
Insurance broker organization code?	3
Amount paid for insurance broker fees	2
Additional information about fees paid to insurance broker	PRORATED INCENTIVE, NOT DEDUCTED FROM PLAN
Insurance broker name	WELLS THOMAS LLC

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Company Name:	FRIENDSHIP CORPORATION
Employer identification number (EIN):	061166250
NAIC Classification:	713900