Plan Ledger DOL Form 5500 · updated monthly

Freerange Employment, LLC401(k)

FREE RANGE EMPLOYMENT LLC 401(K) PLAN · DALLAS, TX · plan year 2022

Reported admin expense ratio · 2022
1.10%

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

Freerange Employment, LLC reported $8,039 in plan administrative expenses for 2022: 1.10% of average plan assets, above the peer median. Employer contributions averaged $272 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 accommodation & food services employers. By assets it is among the smaller plans on file in Texas (5,366th of 5,688), and 1,830th of 2,240 in accommodation & food services. In 2022, employees put in $1.36 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$710,968
Participants with balances42
Active participants423
Employer contributions$114,849
Employee contributions$156,190
Employer contribution per active participant$272
Average account balance$16,928
Benefits paid to participants$187,649
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Investment management$8,039
Total administrative$8,039
The Freerange Employment, LLC 401(k) match · 2022
Employer contribution per active participant$272
Median for plans this size$331

Freerange Employment, LLC's 2022 employer contribution ran below 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$8,039 · 1.10%
Similar plansAccommodation & Food Services · Texas
Tacodeli Holdings, Inc. TX$884K · 0.09%
Lone Star Apple, LLC TX$853K · 1.97%
Synergy Hotels, Inc. TX$853K · 2.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474797910 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.