The Freedom Academy Foundation401(k)

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

The Freedom Academy Foundation reported $2,196 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,783 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 0.05% to 0.02%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other educational services employers. By assets it is among the smaller plans on file in Utah (481st of 848), and 2,165th of 3,091 in educational services. In 2024, the employer put in $2.31 for every $1.00 employees contributed themselves; active participation has grown from 361 to 466 since 2022.