Plan Ledger DOL Form 5500 · updated monthly

Freedompark LP401(k)

FREEDOMPARK LP 401(K) PROFIT SHARING PLAN & TRUST · IRVING, TX · plan year 2022

Reported admin expense ratio · 2022
0.78%

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

Freedompark LP reported $5,771 in plan administrative expenses for 2022: 0.78% of average plan assets, below the peer median. Employer contributions averaged $556 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 transportation & warehousing employers. By assets it is among the smaller plans on file in Texas (5,354th of 5,688), and 2,360th of 2,677 in transportation & warehousing. In 2022, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$732,164
Participants with balances29
Active participants87
Employer contributions$48,413
Employee contributions$79,257
Employer contribution per active participant$556
Average account balance$25,247
Benefits paid to participants$15,709
Plan auditUnmodified (clean) audit opinion
AuditorPRICE KUBECKA
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$3,862
Investment management$1,909
Total administrative$5,771
The Freedompark LP 401(k) match · 2022
Employer contribution per active participant$556
Median for plans this size$331

Freedompark LP'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$5,771 · 0.78%
Similar plansTransportation & Warehousing · Texas
AMC Bus, Inc. TX$1.0M · 0.23%
Jamco International TX$992K · 0.25%
New Tex Trucking, LLC TX$843K · 0.09%
Ready Rabbit Delivery LLC TX$753K · 0.49%
Bcb Transport, LLC. TX$724K · 2.35%
Vonlane Holdings, LLC TX$618K · 2.56%
29ELEVEN Logistics LLC TX$565K · 0.67%
Alamo Parcel Logistics TX$562K · 2.95%

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Source: U.S. Department of Labor, Form 5500 series, EIN 752922565 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.