401(k) · DOL Form 5500 · 2022

Fred's, Inc. 401(k) Plan

Data updated 2026-08-25

$33M
Total assets Below avg plan size
5,161
Participants Above avg headcount
84th
Percentile by assets National rank
$6,316
Avg per participant Low balance/head
PlainRetire home → About this data

Official DOL plan name: Fred's, Inc. Salary Reduction Profit Sharing Plan · Sponsored by Fred's, Inc. · Tennessee · Wholesale Trade

$33M in assets, 5,161 participants

Fred's, Inc.'s Fred's, Inc. Salary Reduction Profit Sharing Plan reported $33M in total assets and 5,161 participants in its 2022 DOL Form 5500 filing, ranking in the 84th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,726 in Wholesale Trade (6,843 peers)

Coverage in Tennessee

Fred's, Inc. Salary Reduction Profit Sharing Plan covers 5,161 participants in Tennessee, 4.6x the typical Tennessee plan (state average ~1,126 per filing). Assets: $33M.

#5,726
in Wholesale Trade (6,843 peers)
-17.4%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $7M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Fred's, Inc. Salary Reduction Profit Sharing Plan's outsized position by total assets

Fred's, Inc. Salary Reduction Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$32,596,270 Top 16% higher than 84% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Fred's, Inc. Salary Reduction Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Fred's, Inc. Salary Reduction Profit Sharing Plan lands in the large band (5,161 participants).

Plan-year Form 5500 strip

Filing strip 620634010 · Fred's, Inc. PY 2022 · 401(k)

Fred's, Inc. Salary Reduction Profit Sharing Plan · $33M · 5,161 · 84th

  • NET $33M
  • BOOK 5,161
  • VS-ST 84th
  • BOY 401(k)
  • SCH near Nifco America Corporation Savings Retirement Plan
  • EBSA ind #5726

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Wholesale Trade retirement plans → · Plans in Tennessee →

Fred's, Inc. Salary Reduction Profit Sharing Plan in the asset neighbourhood

Fred's, Inc. Salary Reduction Profit Sharing PlanFred's, Inc. Salary Reductio…$33MNifco America Corporation Savings Retirement PlanNifco America Corporation Sa…$33MSouthwest Missouri Bancorporation, Inc. Employee Stock Ownership PlanSouthwest Missouri Bancorpor…$33MEducational Federal Credit UnionEducational Federal Credit U…$33MTencate Protective Fabrics Savings PlanTencate Protective Fabrics S…$33M
End-of-year total assets ($M) among Fred's, Inc. Salary Reduction Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Tennessee filing particulars

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$33M
Net Income-$7M
Employer EIN620634010
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Tennessee

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Fred's, Inc. Salary Reduction Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Fred's, Inc. Salary Reduction Profit Sharing Plan, Total assets ($B): 0.03259627 · Participants: 5161Fred's, Inc. Salary Reduction Profit Sharing PlanFedex Corporation Retirement Savings Plan, Total assets ($B): 21.031401128 · Participants: 220835Fedex Corporation Retirement Savings PlanHca 401(k) Plan, Total assets ($B): 18.669830548 · Participants: 280576Hca 401(k) PlanInternational Paper Company Salaried Savings Plan, Total assets ($B): 4.178827147 · Participants: 11839International Paper Company Salaried Savings PlanFederal Express Corporation Pilots Retirement Savings Plan, Total assets ($B): 4.035859621 · Participants: 5305Federal Express Corporation Pilots Retirement Savings PlanChs/Community Health Systems, Inc. Retirement Savings Plan, Total assets ($B): 4.015461486 · Participants: 62485Chs/Community Health Systems, Inc. Retirement Savings Plan
Fred's, Inc. Salary Reduction Profit Sharing Plan vs. nearby 401(k) plans in Tennessee, assets vs. participants
Compare Fred's, Inc. Salary Reduction Profit Sharing Plan side-by-side with 3 peers →

Fred's, Inc. Salary Reduction Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Tennessee, the nearest 401(k) by assets is Nifco America Corporation Savings Retirement Plan in OH ($33M); by covered participants it is Trimble Inc. Savings and Retirement Plan in CA (5,161 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (5,161 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Fred's, Inc. Salary Reduction Profit Sharing Plan assets move in 2022? ▼
Fred's, Inc. Salary Reduction Profit Sharing Plan declined sharply - down 17.4% during 2022, from $39M to $33M. Reported net income was -$7M.
Where does Fred's, Inc. Salary Reduction Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Fred's, Inc. Salary Reduction Profit Sharing Plan ranks in the 84th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Fred's, Inc. Salary Reduction Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nifco America Corporation Savings Retirement Plan in OH ($33M, 1,183 participants).
Which 401(k) plans cover a similar participant headcount to Fred's, Inc. Salary Reduction Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Trimble Inc. Savings and Retirement Plan in CA (5,161 participants, $824M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 620634010.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.