Plan Snapshot
- Plan Sponsor: Freedman Seating Company
- Sponsor EIN: 362276977
- Sponsor Address: 4545 WEST AUGUSTA BLVD, CHICAGO, IL, 60651
- Plan Type: 401(k)
- Total Participants: 641
- Total Assets: $30.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 641 | $30.1M | $748,663 | $1.5M |
| 2023 | 566 | $26.9M | $632,731 | $1.3M |
| 2022 | 511 | $23.5M | $581,536 | $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 |
|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $52,075 | — | $52,075 |
| EQUITABLE ADVISORS LLC | Investment Advisor | — | $48,870 | $48,870 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $46,991 | — | $46,991 |
| ONEDIGITAL INVESTMENT ADVISORS LLC | Investment Advisor | $13,804 | — | $13,804 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ONEDIGITAL INVESTMENT ADVISORS LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $161,740
- Estimated Expense Ratio: 0.537% 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 | $112,870 | $65,879 | — | — | — |
| 2023 | $59,625 | $59,625 | — | — | — |
| 2022 | $58,060 | — | $58,060 | — | — |