Plan Ledger DOL Form 5500 · updated monthly

The Freedonia Group, Inc.401(k)

THE FREEDONIA GROUP, INC. 401(K) PLAN · NORTH BETHESDA, MD · plan year 2023

Reported admin expense ratio · 2023
0.45%

The Freedonia Group, Inc. reported $40,954 in plan administrative expenses for 2023: 0.45% of average plan assets, below the peer median. 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 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Maryland (1,026th of 1,671), and 1,551st of 2,199 in information & media.

Plan summary
Net assets, end of year$9,335,529
Participants with balances93
Active participants77
Employer contributions—
Employee contributions$481,595
Employer contribution per active participant—
Average account balance$100,382
Benefits paid to participants$1,216,163
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$40,954
Total administrative$40,954
What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$40,954
KESTRA INVESTMENT SERVICES LLC · Other servicesindirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)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 history1
2023$40,954 · 0.45%
Similar plansInformation & Media · Maryland
Fidelis Cybersecurity, Inc. MD$19.2M · 0.05%
Protenus, Inc. MD$9.4M · 0.26%
Advantage Engineers, LLC MD$9.0M · 0.87%
Marketresearch.com, Inc. MD$8.9M · 0.50%
Contiem, Inc. MD$8.8M · 0.45%
Catalyte, Inc. MD$7.7M · 0.50%

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Source: U.S. Department of Labor, Form 5500 series, EIN 992054040 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.