S.R. Freeman, Inc.401(k)

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

S.R. Freeman, Inc. reported $76,905 in plan administrative expenses for 2024: 0.62% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,981 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 3 years on file its reported administrative ratio has held roughly steady near 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 4,620th-largest of 9,483 plans among California employers on file, and the 2,611th of 5,337 in construction. In 2024, the employer put in $1.10 for every $1.00 employees contributed themselves; active participation has grown from 172 to 206 since 2022.