Plan Ledger DOL Form 5500 · updated monthly

The Freedom Forum, Inc.401(k)

FREEDOM FORUM, INC. RETIREMENT SAVINGS PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

The Freedom Forum, Inc. reported $31,372 in plan administrative expenses for 2024: 0.12% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,457 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 0.00% to 0.12%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 260th-largest of 618 plans among District of Columbia employers on file, and the 779th of 3,341 in other services. In 2024, employees put in $1.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$28,049,121
Participants with balances161
Active participants41
Employer contributions$305,739
Employee contributions$600,182
Employer contribution per active participant$7,457
Average account balance$174,218
Benefits paid to participants$2,348,499
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.0M · 161 accts · $306K emplr
2023$26.0M · 329 accts · $310K emplr
2022$22.5M · 338 accts · $264K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,372
Total administrative$31,372
The The Freedom Forum, Inc. 401(k) match · 2024
Employer contribution per active participant$7,457
Median for plans this size$2,416
2024$7,457 per active participant
2023$8,856 per active participant
2022$6,285 per active participant

The Freedom Forum, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20245
T. ROWE PRICE RPS, INC · Recordkeeping · Trustee$31,372
PIMCO FUNDS · Investment managementindirect comp
FIDELITY · Investment managementindirect comp
MFS FUNDS · Investment managementindirect comp
THORNBURG FUNDS · Investment managementindirect comp

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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Administrative cost history3
2024$31,372 · 0.12%
2023$121 · 0.00%
2022$329 · 0.00%
Same employer
Similar plansOther Services · District of Columbia
Greenpeace, Inc. DC$29.2M · 0.01%
Corus International Inc. DC$28.3M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541604427 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.