Plan Ledger DOL Form 5500 · updated monthly

Freeland Contracting Company401(k)

FREELAND CONTRACTING COMPANY RETIREMENT SAVINGS PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Freeland Contracting Company reported $8,828 in plan administrative expenses for 2024: 0.15% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,138 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 $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other construction employers. By assets it is among the smaller plans on file in Ohio (2,293rd of 3,295), and 3,580th of 5,337 in construction. In 2024, the employer put in $2.55 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$7,080,291
Participants with balances150
Active participants117
Employer contributions$1,420,160
Employee contributions$557,182
Employer contribution per active participant$12,138
Average account balance$47,202
Benefits paid to participants$562,075
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$8,828
Total administrative$8,828
The Freeland Contracting Company 401(k) match · 2024
Employer contribution per active participant$12,138
Median for plans this size$1,313

Freeland Contracting Company's 2024 employer contribution ran above the $1,313 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 · 20245
EDWARD D JONES & CO LP · Investment advisory (plan)$16,270
TRINITY PENSION CONSULTANTS · Contract administrator$5,471
MORNINGSTAR INC.$1,089
EMPOWER ADVISORY · Investment management$657

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$8,828 · 0.15%
Same employer
Similar plansConstruction · Ohio
Dfp Acquisition Corp. OH$7.7M · 0.74%
Cts Construction, Inc. OH$7.1M · 1.01%
Ultimate Home Services OH$6.3M · 0.91%
Aci Const. Co., Inc. OH$6.2M · 0.53%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311410643 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.