401(k) · DOL Form 5500 · 2024

Freund Inc. 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
96
Participants Small participant base
68th
Percentile by assets National rank
$182,635
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Freund Inc. Savings & Retirement Plan · Sponsored by Freund Inc. · Iowa · Manufacturing

$18M in assets, 96 participants

Freund Inc.'s Freund Inc. Savings & Retirement Plan reported $18M in total assets and 96 participants in its 2024 DOL Form 5500 filing, ranking in the 68th 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.

  • #10,040 in Manufacturing (17,777 peers)

Freund Inc. multi-year trail

Freund Inc.'s plans moved +10.2% in assets from 2022 to 2024; this filing shows Freund Inc. Savings & Retirement Plan at $18M / 96 participants.

#10,040
in Manufacturing (17,777 peers)
-2.3%
assets change YoY

The plan reported a net loss of $413K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Freund Inc. Savings & Retirement Plan's outsized position by total assets

Freund Inc. Savings & Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$17,532,950 Top 32% higher than 68% of 123,620 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 2024

Freund Inc. Savings & Retirement Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freund Inc. Savings & Retirement Plan is a small filing (96 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Freund Inc. Savings & Retirement Plan reported net income fell from $2M in the plan year 2023 filing to -$413K in the plan year 2024 filing.
  • Freund Inc. Savings & Retirement Plan reported participants fell from 101 in the plan year 2023 filing to 96 in the plan year 2024 filing.
  • Freund Inc. Savings & Retirement Plan end-of-year assets fell from $18M in the plan year 2023 filing to $18M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 420996358 · Freund Inc. PY 2024 · 401(k)

Freund Inc. Savings & Retirement Plan · $18M · 96 · 68th

  • PHOTO $18M
  • IND 96
  • EOY 68th
  • 5500 401(k)
  • ASSETS near Jet Specialty, Inc. 401(k) Retirement Plan
  • PCT ind #10040

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 Iowa →

Freund Inc. Savings & Retirement Plan in the asset neighbourhood

Freund Inc. Savings & Retirement PlanFreund Inc. Savings & Retire…$18MJet Specialty, Inc. 401(k) Retirement PlanJet Specialty, Inc. 401(k) R…$18MArmor Metal Group, Inc. Plan and TrustArmor Metal Group, Inc. Plan…$18MThermo-Twin Industries, Inc. KsopThermo-Twin Industries, Inc.…$18MNals Apartment Homes, LLC 401(k) Profit Sharing Plan & TrustNals Apartment Homes, LLC 40…$18M
End-of-year total assets ($M) among Freund Inc. Savings & Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Freund Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Freund Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 10.202929723039945% vs 2022
2024 filing year
$15M$16M$17M$18M$19M 202220232024 $15.9M $17.5M ▲ +10.2%
Year Plans Participants Total Assets
2022 1 108 $16M
2023 1 101 $18M
2024 1 96 $18M

Freund Inc. filing trail (2024)

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$18M
Net Income-$413K
Employer EIN420996358
Plan Effective Date1982-01-05
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Iowa

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

Freund Inc. Savings & Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Freund Inc. Savings & Retirement Plan, Total assets ($B): 0.01753295 · Participants: 96Freund Inc. Savings & Retirement PlanThe Principal Select Savings Plan, Total assets ($B): 4.579548793 · Participants: 12841The Principal Select Savings PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 3.375271119 · Participants: 14728The Rsm US LLP Retirement PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 3.306182291 · Participants: 25072Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 3.1084169 · Participants: 55411The Hy-Vee and Affiliates 401(k) PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.720479704 · Participants: 8059Transamerica 401(k) Retirement Savings Plan
Freund Inc. Savings & Retirement Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Freund Inc. Savings & Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is Jet Specialty, Inc. 401(k) Retirement Plan in TX ($18M); by covered participants it is Berberian Entities 401(k) Retirement Plan in CA (96 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (96 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Freund Inc. Savings & Retirement Plan assets move in 2024?
Freund Inc. Savings & Retirement Plan edged down modestly - down 2.3% during 2024, from $18M to $18M. Reported net income was -$413K.
How have Freund Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Freund Inc.'s sponsor-wide assets grew 10.2%, from $16M to $18M.
Which 401(k) plans are similar in size to Freund Inc. Savings & Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Jet Specialty, Inc. 401(k) Retirement Plan in TX ($18M, 383 participants).
Which 401(k) plans cover a similar participant headcount to Freund Inc. Savings & Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Berberian Entities 401(k) Retirement Plan in CA (96 participants, $5M in assets).