Plan Ledger DOL Form 5500 · updated monthly

Freedom Now Home Care LLC401(k)

FREEDOM NOW HOME CARE LLC 401(K) PROFIT SHARING PLAN & TRUST · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
4.48%

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

Freedom Now Home Care LLC reported $25,289 in plan administrative expenses for 2024: 4.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $432 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 1,109 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Pennsylvania (3,555th of 3,651), and 11,384th of 11,654 in professional & technical services. In 2024, employees put in $1.99 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$627,098
Participants with balances160
Active participants161
Employer contributions$69,616
Employee contributions$138,798
Employer contribution per active participant$432
Average account balance$3,919
Benefits paid to participants$113,930
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$23,120
Investment management$2,169
Total administrative$25,289
The Freedom Now Home Care LLC 401(k) match · 2024
Employer contribution per active participant$432
Median for plans this size$540

Freedom Now Home Care LLC's 2024 employer contribution ran below the $540 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
ADP, INC. · Loan processing · Recordkeeping$23,120

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

Administrative cost history1
2024$25,289 · 4.48%
Similar plansProfessional & Technical Services · Pennsylvania
McMahon Associates, Inc. PA$798K · 0.37%
Sv Inc PA$586K · 1.88%
Revitas Inc PA$47K · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461371232 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.