Plan Ledger DOL Form 5500 · updated monthly

Freudenberg Household Products LP401(k)

FREUDENBERG COMPANIES 401(K) SAVINGS PLAN · AURORA, IL · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Freudenberg Household Products LP reported $261,878 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $4,256 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 0.03% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 215th-largest of 3,702 plans among Illinois employers on file, and the 766th of 13,661 in manufacturing. In 2024, employees put in $1.10 for every $1.00 the employer contributed; active participation has grown from 2,100 to 2,912 since 2022.

Plan summary
Net assets, end of year$345,391,381
Participants with balances3,145
Active participants2,912
Employer contributions$12,392,157
Employee contributions$13,659,668
Employer contribution per active participant$4,256
Average account balance$109,822
Benefits paid to participants$41,691,731
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$345.4M · 3,145 accts · $12.4M emplr
2023$319.6M · 3,177 accts · $10.9M emplr
2022$255.8M · 2,435 accts · $10.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$126,781
Investment management$134,443
Audit (IQPA)$654
Total administrative$261,878
The Freudenberg Household Products LP 401(k) match · 2024
Employer contribution per active participant$4,256
Median for plans this size$4,294
2024$4,256 per active participant
2023$4,447 per active participant
2022$4,854 per active participant

Freudenberg Household Products LP's 2024 employer contribution ran below the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20246
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$119,947
EMPOWER ADVISORY GROUP, LLC · Investment management · Investment advisory (participants)$53,240
FREUDENBERG NORTH AMERICA LIMITED P$33,449
SIKICH LLP · Accounting / audit$26,481
KSM BUSINESS SERVICES INC · Contract administrator$22,500
QDRO CONSULTANTS COMPANY, LLC · Consulting$1,500

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$261,878 · 0.08%
2023$250,237 · 0.09%
2022$73,521 · 0.03%
Same employer
Similar plansManufacturing · Illinois
Evergreen Packaging LLC IL$368.2M · 0.08%
Senior Operations LLC IL$358.7M · 0.07%
The Boler Company IL$356.8M · 0.02%
The Chamberlain Group LLC IL$348.5M · 0.13%
Sysmex America Inc IL$335.8M · 0.11%
Aptargroup, Inc. IL$326.0M · 0.00%
Ntn USA Corporation IL$311.3M · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364199332 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.