Plan Snapshot
- Plan Sponsor: Fracht Fwo INC.
- Sponsor EIN: 112727573
- Sponsor Address: 16701 GREENSPOINT PARK DRIVE, HOUSTON, TX, 77060
- Plan Type: 401(k)
- Total Participants: 259
- Total Assets: $23.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 259 | $23.1M | $1.3M | $1.8M |
| 2023 | 228 | $17.3M | $960,236 | $1.6M |
| 2022 | 207 | $13.4M | $869,962 | $1.2M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ONEDIGITAL INVESTMENT ADVISORS | Recordkeeper | — | $36,449 | $36,449 |
| VOYA RETIREMENT INSURANCE & ANNUITY | Other Service Provider | $14,550 | — | $14,550 |
| FERENCZY BENEFITS LAW CENTER | Other Service Provider | $10,216 | — | $10,216 |
| GALLAGHER BENEFIT SERVICES INC | Investment Advisor | — | $9,348 | $9,348 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS — Recordkeeper
- GALLAGHER BENEFIT SERVICES INC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $70,563
- Estimated Expense Ratio: 0.305% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $24,766 | $7,275 | $6,375 | — | — |
| 2023 | $9,245 | $4,170 | $3,975 | — | — |
| 2022 | $6,737 | — | — | — | — |