Plan Ledger DOL Form 5500 · updated monthly

Fridababy, LLC401(k)

FRIDABABY 401(K) PLAN · MIAMI, FL · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Fridababy, LLC reported $7,425 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,237 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 0.10% to 0.11%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other wholesale trade employers. By assets it is among the smaller plans on file in Florida (2,016th of 3,644), and 3,211th of 4,246 in wholesale trade. In 2024, employees put in $1.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,030,841
Participants with balances195
Active participants138
Employer contributions$722,647
Employee contributions$1,165,708
Employer contribution per active participant$5,237
Average account balance$41,184
Benefits paid to participants$449,345
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.0M · 195 accts · $723K emplr
2023$5.1M · 185 accts · $610K emplr
2022$3.0M · 174 accts · $325K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,176
Investment management$5,249
Total administrative$7,425
The Fridababy, LLC 401(k) match · 2024
Employer contribution per active participant$5,237
Median for plans this size$1,313
2024$5,237 per active participant
2023$5,127 per active participant
2022$2,258 per active participant

Fridababy, LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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
GUIDELINE, LLC · Plan administrator · Recordkeeping$6,707
BENEFIT TRUST COMPANY · Custodial · Custodial (securities)indirect comp

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$7,425 · 0.11%
2023$4,529 · 0.11%
2022$2,524 · 0.10%
Same employer
Similar plansWholesale Trade · Florida
Mercury Enterprises, Inc FL$8.3M · 0.58%
Tampa Truck Center, LLC FL$8.1M · 0.45%
Falcon Farms, Inc. FL$7.6M · 0.41%
Palmdale Oil Company, LLC FL$7.1M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 384009657 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.