Plan Ledger DOL Form 5500 · updated monthly

Freund Enterprises, Inc.401(k)

FREUND ENTERPRISES 401(K) PLAN · SAN ANTONIO, TX · plan year 2022

Reported admin expense ratio · 2022
1.04%

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

Freund Enterprises, Inc. reported $41,271 in plan administrative expenses for 2022: 1.04% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,530 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 30,021 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Texas (4,382nd of 5,688), and 11,889th of 13,661 in manufacturing. In 2022, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$3,739,218
Participants with balances62
Active participants113
Employer contributions$172,913
Employee contributions$271,535
Employer contribution per active participant$1,530
Average account balance$60,310
Benefits paid to participants$159,729
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$41,271
Total administrative$41,271
The Freund Enterprises, Inc. 401(k) match · 2022
Employer contribution per active participant$1,530
Median for plans this size$1,114

Freund Enterprises, Inc.'s 2022 employer contribution ran above the $1,114 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$41,271 · 1.04%
Similar plansManufacturing · Texas
Madden Bolt Corporation TX$3.8M · 0.07%
Edsco Fasteners, LLC TX$3.8M · 0.50%
Kw International, LLC TX$3.5M · 1.18%
Rdt, Inc. TX$3.5M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260755719 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.