Plan Ledger DOL Form 5500 · updated monthly

Cwgs Group, LLC401(k)

FREEDOMREWARDS 401(K) PLAN · LINCOLNSHIRE, IL · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Cwgs Group, LLC reported $1,193,960 in plan administrative expenses for 2024: 0.37% of average plan assets, higher than ~90% of peers. Employer contributions averaged -$9 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 3 years on file its reported administrative ratio has held roughly steady near 0.37%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other retail trade employers. By assets it is the 218th-largest of 3,702 plans among Illinois employers on file, and the 150th of 5,215 in retail trade.

Plan summary
Net assets, end of year$341,654,820
Participants with balances18,432
Active participants12,773
Employer contributions-$109,089
Employee contributions$49,503,465
Employer contribution per active participant-$9
Average account balance$18,536
Benefits paid to participants$49,049,154
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$341.7M · 18,432 accts
2023$298.0M · 16,939 accts · $2.8M emplr
2022$243.4M · 17,435 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,085,966
Investment management$61,295
Audit (IQPA)$31,500
Total administrative$1,193,960
The Cwgs Group, LLC 401(k) match · 2024
Employer contribution per active participant-$9
Median for plans this size$4,294

Cwgs Group, LLC's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 · 20247
TRANSAMERICA RETIREMENT SOLUTIONS · Claims processing · Recordkeeping$1,085,967
COOK STREET CONSULTING, INC. · Consulting$45,510
CROWE LLP · Accounting / audit$31,500
SEYFARTH SHAW LLP · Legal$15,199
CAPFINANCIAL PARTNERS, LLC · Consulting$8,785
CURCIO WEBB · Consulting$7,000
NATIONAL FINANCIAL SERVICES · Securities brokerageindirect 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
2024Transamerica
2023Transamerica

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

Administrative cost history3
2024$1,193,960 · 0.37%
2023$1,146,499 · 0.42%
2022$1,019,317 · 0.39%
Same employer
Similar plansRetail Trade · Illinois
Aldi Inc. IL$2.1B · 0.11%
Lkq Corporation IL$727.8M · 0.09%
Peapod Digital Labs, LLC IL$156.2M · 0.01%
Bge, LTD. IL$126.2M · 0.02%
Abt Electronics, Inc. IL$124.7M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 463759013 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.