Plan Ledger DOL Form 5500 · updated monthly

The Freeport Press, Inc.401(k)

THE FREEPORT PRESS, INC. 401(K) PROFIT SHARING PLAN · NEW PHILADELPHIA, OH · plan year 2024

Reported admin expense ratio · 2024
0.91%

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

The Freeport Press, Inc. reported $78,606 in plan administrative expenses for 2024: 0.91% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,182 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 0.51% to 0.91%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Ohio (2,092nd of 3,295), and 9,273rd of 13,661 in manufacturing. In 2024, employees put in $1.41 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,910,097
Participants with balances201
Active participants194
Employer contributions$423,323
Employee contributions$598,796
Employer contribution per active participant$2,182
Average account balance$44,329
Benefits paid to participants$1,486,183
Plan auditUnmodified (clean) audit opinion
AuditorREA & ASSOCIATES
Plan history3
Yearassets · accounts · employer contribution
2024$8.9M · 201 accts · $423K emplr
2023$8.4M · 254 accts · $381K emplr
2022$7.0M · 223 accts · $356K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$78,606
Total administrative$78,606
The The Freeport Press, Inc. 401(k) match · 2024
Employer contribution per active participant$2,182
Median for plans this size$1,313
2024$2,182 per active participant
2023$1,808 per active participant
2022$1,828 per active participant

The Freeport Press, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size. 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 · 20241
AMERICAN TRUST COMPANY · Contract administrator · Recordkeeping$78,606

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

Recordkeeper by year2
2024AMERICAN TRUST COMPANY
2023AMERICAN TRUST COMPANY

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$78,606 · 0.91%
2023$47,169 · 0.61%
2022$33,282 · 0.51%
Similar plansManufacturing · Ohio
Keltec, Inc. OH$9.0M · 0.39%
The Kennedy Group, Inc. OH$8.9M · 0.04%
Faxon Machining, Inc. OH$8.9M · 0.35%
Kaivac, Inc OH$8.9M · 0.68%
Nemco, Inc. OH$8.9M · 0.42%
Blue Label Packaging Co. OH$8.8M · 0.87%

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Source: U.S. Department of Labor, Form 5500 series, EIN 340924512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.