401(k) · DOL Form 5500 · 2022

Freedman Seating Company 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
572
Participants Below avg headcount
80th
Percentile by assets National rank
$41,072
Avg per participant Low balance/head
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Official DOL plan name: Freedman Seating Company 401(k) Plan · Sponsored by Freedman Seating Company · Illinois · Manufacturing

$23M in assets, 572 participants

Freedman Seating Company's Freedman Seating Company 401(k) Plan reported $23M in total assets and 572 participants in its 2022 DOL Form 5500 filing, ranking in the 80th 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.

  • #14,670 in Manufacturing (20,602 peers)

Where Freedman Seating Company 401(k) Plan sits by assets

Freedman Seating Company 401(k) Plan sits in the top quartile of all filed plans by assets, $23M for 572 participants (~$41,072/participant), down 17.3% in 2022.

#14,670
in Manufacturing (20,602 peers)
-17.3%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $5M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Freedman Seating Company 401(k) Plan's outsized position by total assets

Freedman Seating Company 401(k) Plan vs every filed plan by assets

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

$23,493,368 Top 20% higher than 80% 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

Freedman Seating Company 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freedman Seating Company 401(k) Plan sits mid-pack in the medium band (572 participants).

Published 5500 schedule card

Filing strip 362276977 · Freedman Seating Company PY 2022 · 401(k)

Freedman Seating Company 401(k) Plan · $23M · 572 · 80th

  • TYPE $23M
  • NET 572
  • BOOK 80th
  • VS-ST 401(k)
  • BOY near Clearview Federal Credit Union 401(k) Plan and Trust
  • SCH ind #14670

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 Manufacturing retirement plans → · Plans in Illinois →

Freedman Seating Company 401(k) Plan in the asset neighbourhood

Freedman Seating Company 401(k) PlanFreedman Seating Company 401…$23MClearview Federal Credit Union 401(k) Plan and TrustClearview Federal Credit Uni…$23MCharlesbank Capital Partners, LLC Profit Sharing/401(k) PlanCharlesbank Capital Partners…$23MOliver Rubber Company 401(k) Savings PlanOliver Rubber Company 401(k)…$23MHansen & Adkins Auto Transport, Inc. 401(k) Profit Sharing Plan & TrustHansen & Adkins Auto Transpo…$23M
End-of-year total assets ($M) among Freedman Seating Company 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$23M
Net Income-$5M
Employer EIN362276977
Plan Effective Date1997-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Freedman Seating Company)

Sponsor-wide plan assets over time

All Freedman Seating Company plans reported in each filing year

Latest sponsor-wide plan assets
$30M 28.103526918745754% vs 2022
2024 filing year
$22M$24M$26M$28M$30M$32M 202220232024 $23.5M $30.1M ▲ +28.1%
Year Plans Participants Total Assets
2022 1 572 $23M
2023 1 539 $27M
2024 1 588 $30M

Nearby 401(k) Plans in Illinois

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

Freedman Seating Company 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Freedman Seating Company 401(k) Plan, Total assets ($B): 0.023493368 · Participants: 572Freedman Seating Company 401(k) PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Freedman Seating Company 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Freedman Seating Company 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Clearview Federal Credit Union 401(k) Plan and Trust in PA ($23M); by covered participants it is Ebenezer Society 401(k) Profit-Sharing Plan in MN (572 participants). Same-state nearby plans are listed separately above.

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 Freedman Seating Company 401(k) Plan assets move in 2022?
Freedman Seating Company 401(k) Plan declined sharply - down 17.3% during 2022, from $28M to $23M. Reported net income was -$5M.
How have Freedman Seating Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Freedman Seating Company's sponsor-wide assets grew 28.1%, from $23M to $30M.
Where does Freedman Seating Company 401(k) Plan rank by assets among Form 5500 filers?
Freedman Seating Company 401(k) Plan ranks in the 80th 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 Freedman Seating Company 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Clearview Federal Credit Union 401(k) Plan and Trust in PA ($23M, 334 participants).
Which 401(k) plans cover a similar participant headcount to Freedman Seating Company 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Ebenezer Society 401(k) Profit-Sharing Plan in MN (572 participants, $20M in assets).