Plan Ledger DOL Form 5500 · updated monthly

Freeborn & Peters LLP401(k)

FREEBORN & PETERS RETIREMENT PLAN · CHICAGO, IL · plan year 2022

Reported admin expense ratio · 2022
0.11%

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

Freeborn & Peters LLP reported $116,718 in plan administrative expenses for 2022: 0.11% of average plan assets, below the peer median. Employer contributions averaged $6,460 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 1 year on file its reported administrative ratio rose from 0.11% to 0.23%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 604th-largest of 3,702 plans among Illinois employers on file, and the 1,630th of 11,654 in professional & technical services. In 2022, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$92,108,915
Participants with balances294
Active participants201
Employer contributions$1,298,466
Employee contributions$2,668,233
Employer contribution per active participant$6,460
Average account balance$313,296
Benefits paid to participants$13,984,816
Plan auditUnmodified (clean) audit opinion
AuditorPBG FINANCIAL SERVICES PLLC
Plan history2
Yearassets · accounts · employer contribution
2023$908K · 3 accts
2022$92.1M · 294 accts · $1.3M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$78,462
Investment management$4,208
Professional / advisory$34,048
Total administrative$116,718
The Freeborn & Peters LLP 401(k) match · 2022
Employer contribution per active participant$6,460
Median for plans this size$3,449

Freeborn & Peters LLP's 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$108,810 · 0.23%
2022$116,718 · 0.11%
Same employer
Similar plansProfessional & Technical Services · Illinois
Litchfield Cavo LLP IL$98.5M · 0.11%
Witt/Kieffer Inc. IL$96.8M · 0.11%
Swanson, Martin & Bell, LLP IL$93.4M · 0.08%
Engineering Systems Inc. IL$90.0M · 0.09%
Baxter & Woodman, Inc. IL$89.2M · 0.07%
Cramer-Krasselt Co. IL$88.8M · 0.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 363238755 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.