Family Residences & Essential Enterprises, Inc. 401(k) Plan: Login, Facts & Contact Information

Family Residences & Essential Enterprises, Inc. 401(k) Plan Facts

Plan name
FAMILY RESIDENCES RETIREMENT & 401(K) SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FAMILY RESIDENCES & ESSENTIAL ENTERPRISES, INC.
Participants
2,432 (1,938 active employees)
Former employees with a balance
706
Plan assets
$78,048,430 at Dec 31, 2024
Average account balance
$31,132 across 2,507 accounts
Employer contributions
$4,386,745 in plan year 2024 (44% of all contributions)
Recordkeeper
Empower Annuity Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1997
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $10.0 million went into the plan in contributions, $4.39 million of it from the employer (44%).
  • $7.78 million was paid out to participants.
  • Investment and other income added $8.38 million.
  • Administrative expenses were $168,194, about $67 per account.

How the Family Residences & Essential Enterprises, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20192,483$41.9 million$1.08 million$3.52 million
20202,682$48.1 million$2.64 million$4.23 million
20212,327$58.2 million$3.46 million$5.60 million
20222,312$55.3 million$4.55 million$3.94 million
20232,342$67.7 million$4.55 million$6.19 million
20242,432$78.0 million$4.39 million$7.78 million

Family Residences & Essential Enterprises, Inc. 401(k) Contact Information

Phone
516-870-1600
Mailing address
191 SWEET HOLLOW RD, OLD BETHPAGE NY 11804
Plan sponsor
FAMILY RESIDENCES & ESSENTIAL ENTERPRISES, INC.
Plan administrator
THE ANGELL PENSION GROUP, INC.
Employer identification number (EIN)
11-2420547
Plan number
002

Questions about the Family Residences & Essential Enterprises, Inc. 401(k)

Does Family Residences & Essential Enterprises, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $4.39 million, 44% of all contributions.

Does the Family Residences & Essential Enterprises, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Family Residences & Essential Enterprises, Inc 401(k) plan?

2,432 participants at the start of plan year 2024, 1,938 of them active employees, and 706 former employees who still had money in the plan.

What is the average 401(k) balance at Family Residences & Essential Enterprises, Inc?

About $31,132 per account: $78.0 million in plan assets across 2,507 accounts with a balance at the end of plan year 2024.

Who manages the Family Residences & Essential Enterprises, Inc 401(k) accounts?

Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Family Residences & Essential Enterprises, Inc. How do I access my 401(k)?

Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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