Plan Ledger DOL Form 5500 · updated monthly

Fracht Fwo Inc.401(k)

FRACHT FWO INC. 401K PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.12%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Fracht Fwo Inc. reported $24,766 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,976 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.05% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other transportation & warehousing employers. By assets it is the 1,833rd-largest of 5,688 plans among Texas employers on file, and the 666th of 2,677 in transportation & warehousing. In 2024, employees put in $1.40 for every $1.00 the employer contributed; active participation has grown from 207 to 259 since 2022.

Plan summary
Net assets, end of year$23,148,244
Participants with balances387
Active participants259
Employer contributions$1,288,664
Employee contributions$1,806,487
Employer contribution per active participant$4,976
Average account balance$59,815
Benefits paid to participants$548,025
Plan auditUnmodified (clean) audit opinion
AuditorROEDL LANGFORD DE KOCK LLP
Plan history3
Yearassets · accounts · employer contribution
2024$23.1M · 387 accts · $1.3M emplr
2023$17.3M · 304 accts · $960K emplr
2022$13.4M · 280 accts · $870K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,375
Investment management$7,275
Total administrative$24,766
The Fracht Fwo Inc. 401(k) match · 2024
Employer contribution per active participant$4,976
Median for plans this size$2,416
2024$4,976 per active participant
2023$4,212 per active participant
2022$4,203 per active participant

Fracht Fwo Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20244
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$14,550
FERENCZY BENEFITS LAW CENTER$10,216
ONEDIGITAL INVESTMENT ADVISORSindirect comp
GALLAGHER BENEFIT SERVICES INCindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$24,766 · 0.12%
2023$9,245 · 0.06%
2022$6,737 · 0.05%
Same employer
Similar plansTransportation & Warehousing · Texas
Wilhelmsen Ships Service TX$23.6M · 0.23%
W&B Service Company, L.P. TX$22.8M · 0.49%
Alan Ritchey, Inc. TX$21.7M · 0.26%

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Source: U.S. Department of Labor, Form 5500 series, EIN 112727573 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.