Plan Ledger DOL Form 5500 · updated monthly

Freeman Webb Company, Realtors401(k)

FREEMAN WEBB COMPANY, REALTORS 401(K) SALARY REDUCTION PLAN · NASHVILLE, TN · plan year 2024

Reported admin expense ratio · 2024
0.48%

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

Freeman Webb Company, Realtors reported $98,323 in plan administrative expenses for 2024: 0.48% of average plan assets, higher than ~75% of peers. Employer contributions averaged $943 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 2 years on file its reported administrative ratio rose from 0.38% to 0.48%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 509th-largest of 1,496 plans among Tennessee employers on file, and the 604th of 2,096 in real estate & leasing. In 2024, employees put in $4.51 for every $1.00 the employer contributed; active participation has grown from 524 to 610 since 2022.

Plan summary
Net assets, end of year$22,306,135
Participants with balances790
Active participants610
Employer contributions$575,392
Employee contributions$2,594,848
Employer contribution per active participant$943
Average account balance$28,236
Benefits paid to participants$2,427,905
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$22.3M · 790 accts · $575K emplr
2023$18.8M · 596 accts · $532K emplr
2022$14.4M · 566 accts · $838K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,755
Investment management$40,568
Total administrative$98,323
The Freeman Webb Company, Realtors 401(k) match · 2024
Employer contribution per active participant$943
Median for plans this size$2,416
2024$943 per active participant
2023$1,047 per active participant
2022$1,600 per active participant

Freeman Webb Company, Realtors's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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 · 20242
MERRILL LYNCH · Investment advisory (participants)$40,568

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

Administrative cost history3
2024$98,323 · 0.48%
2023$85,096 · 0.51%
2022$58,394 · 0.38%
Same employer
Similar plansReal Estate & Leasing · Tennessee
Boyle Investment Company TN$82.2M · 0.27%
Fogelman Properties TN$23.0M · 0.66%
Realty Trust Group, LLC TN$20.1M · 0.11%
Highland Ventures, LTD. TN$18.7M · 0.27%
Novatech Inc. TN$18.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 621060236 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.