401(k) · DOL Form 5500 · 2022

Cwgs Group, LLC 401(k) Plan

Data updated 2026-08-25

$243M
Total assets Near avg plan size
13,038
Participants Very large workforce
96th
Percentile by assets National rank
$18,672
Avg per participant Low balance/head
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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.

  • #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.

#9,318
in Retail Trade (9,519 peers)
-11.6%
assets change YoY
2.4×
vs typical plan assets (national mean)

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.

Freedomrewards 401(k) Plan's outsized position by total assets

Freedomrewards 401(k) Plan vs every filed plan by assets

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

$243,444,442 Top 4% higher than 96% 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

Freedomrewards 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freedomrewards 401(k) Plan is a mega filing (13,038 participants), the rightmost band on the breakdown.

Plan-year Form 5500 strip

Filing strip 463759013 · Cwgs Group, LLC PY 2022 · 401(k)

Freedomrewards 401(k) Plan · $243M · 13,038 · 96th

  • EOY $243M
  • EOY 13,038
  • EOY 96th
  • EOY 401(k)
  • EOY near F.N.B. Corporation Progress Savings 401(k) Plan
  • EOY ind #9318

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 Retail Trade retirement plans → · Plans in Illinois →

Freedomrewards 401(k) Plan in the asset neighbourhood

Spx Flow Retirement Savings PlanSpx Flow Retirement Savings …$244MFreedomrewards 401(k) Plan$243MF.N.B. Corporation Progress Savings 401(k) PlanF.N.B. Corporation Progress …$243MCreative Artists Agency Retirement PlanCreative Artists Agency Reti…$243MAmericold Logistics Employee Savings and Investment PlanAmericold Logistics Employee…$243M
End-of-year total assets ($M) among Freedomrewards 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

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)

Sponsor-wide plan assets over time

All Cwgs Group, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$342M 40.342008711786484% vs 2022
2024 filing year
$200M$250M$300M$350M$400M 202220232024 $243M $342M ▲ +40.3%
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 Scatter plot of 6 data points. 050000100000150000200000250000 -505101520 Total assets ($B) Participants Freedomrewards 401(k) Plan, Total assets ($B): 0.243444442 · Participants: 13038Freedomrewards 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
Freedomrewards 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Freedomrewards 401(k) Plan side-by-side with 3 peers →

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:

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

Outside Illinois, the nearest 401(k) by assets is F.N.B. Corporation Progress Savings 401(k) Plan in PA ($243M); by covered participants it is Centracare Health System Retirement Plan in MN (13,035 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($243M here).

Similar participant headcount

Nearest other-state filings by covered participants (13,038 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 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).
Which 401(k) plans cover a similar participant headcount to Freedomrewards 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Centracare Health System Retirement Plan in MN (13,035 participants, $819M 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 463759013.

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.