401(k) · DOL Form 5500 · 2022

Cwgs Group, LLC 401(k) Plan

Data updated 2026-08-11

$243M
Total assets
13,038
Participants
96th
Percentile by assets
$18,672
Avg per participant
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Official DOL plan name: Freedomrewards 401(k) Plan · Sponsored by Cwgs Group, LLC · Illinois · Retail Trade

$243M in assets, 13,038 participants

Cwgs Group, LLC's Freedomrewards 401(k) Plan reported $243M in total assets and 13,038 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 139,126 plans)
  • #9,318 in Retail Trade (9,519 peers)

Coverage in Illinois

Freedomrewards 401(k) Plan covers 13,038 participants in Illinois, 17x the typical Illinois plan (state average ~779 per filing). Assets: $243M.

$243M
total plan assets (2022 EOY)
13,038
covered participants
96th
percentile by assets (of 139,126 plans)
$18,672
avg assets per participant

The plan reported a net loss of $32M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Freedomrewards 401(k) Plan reports 13,038 participants - 17x that state average ($243M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$275M
Net Assets (End of Year)$243M
Net Income-$32M
Employer EIN463759013
Plan Effective Date2004-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cwgs Group, LLC)

$200M$250M$300M$350M$400M 202220232024 $243M $342M ▲ +40.3%
Total plan assets by year, all Cwgs Group, LLC plans on file
Year Plans Participants Total Assets
2022 1 13,038 $243M
2023 1 12,540 $298M
2024 1 12,627 $342M

Nearby 401(k) Plans in Illinois

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

Freedomrewards 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Freedomrewards 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. 050000100000150000200000250000 -505101520 Total assets ($B) Participants Freedomrewards 401(k…State Farm 401(k) Sa…Accenture United Sta…Abbott Laboratories …United Airlines Pilo…Walgreens Retirement…
Freedomrewards 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants

Scale composition for Freedomrewards 401(k) Plan

Freedomrewards 401(k) Plan reports $243M in end-of-year assets across 13,038 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.014% of 93,925,755 covered participants) - about $18,672 per participant (14% of the national average assets-per-participant) . Net income for plan year 2022 was -$32M.

This plan identity (EIN 463759013, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $243M to $342M (+40.3%) while covered participants moved from 13,038 to 12,627 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 13,038 $243M This page
2023 12,540 $298M Open filing
2024 · index core 12,627 $342M Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Freedomrewards 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Freedomrewards 401(k) Plan assets move in 2022?
Freedomrewards 401(k) Plan pulled back noticeably - down 11.6% during 2022, from $275M to $243M. Reported net income was -$32M.
How have Cwgs Group, LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Cwgs Group, LLC's sponsor-wide assets grew 40.3%, from $243M to $342M.
Where does Freedomrewards 401(k) Plan rank by assets among Form 5500 filers?
Freedomrewards 401(k) Plan ranks in the 96th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Freedomrewards 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is F.N.B. Corporation Progress Savings 401(k) Plan in PA ($243M, 4,751 participants).

Next read for Freedomrewards 401(k) Plan

Filing takeaways

Ways to act on Freedomrewards 401(k) Plan's numbers.