Plan Ledger DOL Form 5500 · updated monthly

Freedom Health Partners LLC401(k)

FREEDOM HEALTH PARTNERS LLC 401(K) PLAN · PHOENIX, AZ · plan year 2022

Reported admin expense ratio · 2022
5.71%

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

Freedom Health Partners LLC reported $19,552 in plan administrative expenses for 2022: 5.71% of average plan assets, higher than ~90% of peers. Employer contributions averaged $599 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.

The plan sits in the under $1M size bracket, benchmarked here against 4,041 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Arizona (1,232nd of 1,285), and 11,493rd of 11,911 in health care & social assistance. In 2022, employees put in $4.01 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$379,516
Participants with balances98
Active participants77
Employer contributions$46,130
Employee contributions$185,057
Employer contribution per active participant$599
Average account balance$3,873
Benefits paid to participants$59,893
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$19,552
Total administrative$19,552
The Freedom Health Partners LLC 401(k) match · 2022
Employer contribution per active participant$599
Median for plans this size$331

Freedom Health Partners LLC's 2022 employer contribution ran above the $331 median for plans its size. 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 history1
2022$19,552 · 5.71%
Similar plansHealth Care & Social Assistance · Arizona
Axis for Autism LLC AZ$445K · 1.11%
Ohana Family Homes, LLC. AZ$359K · 1.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 823085529 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.