Friendship Automotive, Inc. 401(k) Plan: Login, Facts & Contact Information

Friendship Automotive, Inc. 401(k) Plan Facts

Plan name
FRIENDSHIP ENTERPRISES 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
FRIENDSHIP AUTOMOTIVE, INC.
Participants
628 (488 active employees)
Former employees with a balance
60
Plan assets
$11,319,131 at Dec 31, 2024
Average account balance
$32,809 across 345 accounts
Employer contributions
$58,560 in plan year 2024 (4% of all contributions)
Recordkeeper
Capital Group Retirement Plan Svcs.
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Sep 1, 2008
✓ 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 8, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $1.34 million went into the plan in contributions, $58,560 of it from the employer (4%).
  • $938,281 was paid out to participants.
  • Investment and other income added $1.56 million.
  • Administrative expenses were $73,439, about $213 per account.

How the Friendship Automotive, Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2019367$4.79 million$0$170,472
2020427$5.82 million$21,315$416,358
2021486$7.66 million$21,697$466,591
2022409$6.73 million$29,056$296,326
2023467$9.44 million$33,623$327,960
2024628$11.3 million$58,560$938,281

Friendship Automotive, Inc. 401(k) Contact Information

Phone
423-652-6200
Mailing address
1954 WEST STATE STREET, BRISTOL TN 37620
Plan sponsor
FRIENDSHIP AUTOMOTIVE, INC.
Employer identification number (EIN)
62-1545625
Plan number
002

Questions about the Friendship Automotive, Inc. 401(k)

Does Friendship Automotive, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $58,560, 4% of all contributions.

Does the Friendship Automotive, Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Friendship Automotive, Inc 401(k) plan?

628 participants at the start of plan year 2024, 488 of them active employees, and 60 former employees who still had money in the plan.

What is the average 401(k) balance at Friendship Automotive, Inc?

About $32,809 per account: $11.3 million in plan assets across 345 accounts with a balance at the end of plan year 2024.

Who manages the Friendship Automotive, Inc 401(k) accounts?

Capital Group / American Funds (listed on the filing as CAPITAL GROUP RETIREMENT PLAN SVCS.) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Friendship Automotive, Inc. How do I access my 401(k)?

Your account stays with Capital Group / American Funds 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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