Plan Ledger DOL Form 5500 · updated monthly

Freethink Media401(k)

FREETHINK MEDIA RETIREMENT TRUST · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Freethink Media reported $16,270 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $103 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 fell from 0.32% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in District of Columbia (505th of 618), and 9,298th of 11,654 in professional & technical services. In 2024, employees put in $74.51 for every $1.00 the employer contributed; active participation has shrunk from 155 to 117 since 2022.

Plan summary
Net assets, end of year$6,230,847
Participants with balances154
Active participants117
Employer contributions$12,005
Employee contributions$894,506
Employer contribution per active participant$103
Average account balance$40,460
Benefits paid to participants$679,049
Plan auditUnmodified (clean) audit opinion
AuditorBAUER & COMPANY, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$6.2M · 154 accts · $12K emplr
2023$5.2M · 168 accts · $303K emplr
2022$3.1M · 132 accts · $215K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,296
Trustee / custodial$1,974
Total administrative$16,270
The Freethink Media 401(k) match · 2024
Employer contribution per active participant$103
Median for plans this size$1,313
2024$103 per active participant
2023$2,064 per active participant
2022$1,389 per active participant

Freethink Media's 2024 employer contribution ran below the $1,313 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 · 20241
DECIMAL, INC. · Plan administrator · Recordkeeping$14,296

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

Recordkeeper by year2
2024DECIMAL, INC.
2023DECIMAL, INC.

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Administrative cost history3
2024$16,270 · 0.29%
2023$13,418 · 0.33%
2022$8,973 · 0.32%
Similar plansProfessional & Technical Services · District of Columbia
Coforma LLC DC$6.9M · 0.48%
Patrona Corporation DC$6.2M · 0.42%
Quadrant Strategies LLC DC$6.1M · 0.50%
B. Frank Joy LLC DC$5.5M · 0.83%

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Source: U.S. Department of Labor, Form 5500 series, EIN 611624657 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.