401(k) · DOL Form 5500 · 2023

Cwgs Group, LLC 401(k) Plan

Data updated 2026-08-11

$298M
Total assets
12,540
Participants
96th
Percentile by assets
$23,760
Avg per participant
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Official DOL plan name: Freedomrewards 401(k) Plan · Sponsored by Cwgs Group, LLC · Illinois · Retail Trade

$298M in assets, 12,540 participants

Cwgs Group, LLC's Freedomrewards 401(k) Plan reported $298M in total assets and 12,540 participants in its 2023 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 127,072 plans)
  • #8,217 in Retail Trade (8,414 peers)

Coverage in Illinois

Freedomrewards 401(k) Plan covers 12,540 participants in Illinois, 16x the typical Illinois plan (state average ~779 per filing). Assets: $298M.

$298M
total plan assets (2023 EOY)
12,540
covered participants
96th
percentile by assets (of 127,072 plans)
$23,760
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Freedomrewards 401(k) Plan reported net income rose from -$32M in the plan year 2022 filing to $55M in the plan year 2023 filing.
  • Freedomrewards 401(k) Plan end-of-year assets rose from $243M in the plan year 2022 filing to $298M in the plan year 2023 filing.
  • Freedomrewards 401(k) Plan reported participants fell from 13,038 in the plan year 2022 filing to 12,540 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Illinois filers

In Illinois, the average filing covers about 779 participants across 5,745 plans. Freedomrewards 401(k) Plan reports 12,540 participants - 16x that state average ($298M EOY assets).

Illinois filing particulars

Total Assets (Beginning of Year)$243M
Net Assets (End of Year)$298M
Net Income$55M
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…Accenture United Sta…State Farm 401(k) Sa…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 $298M in end-of-year assets across 12,540 participants (0.002% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.013% of 93,925,755 covered participants) - about $23,760 per participant (17% of the national average assets-per-participant) . Net income for plan year 2023 was $55M.

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 Open filing
2023 12,540 $298M This page
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 2023?
Freedomrewards 401(k) Plan grew sharply - up 22.4% during 2023, from $243M to $298M. Reported net income was $55M.
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 127,072 plans that reported assets for plan year 2023 (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 Northwest Natural Gas Company Retirement K Savings Plan in OR ($298M, 1,136 participants).

Next read for Freedomrewards 401(k) Plan

Filing takeaways

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