Fram Group Employee 401(K) Savings Plan — Form 5500 plan (Fram Group Operations LLC)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Fram Group Employee 401(K) Savings Plan is a benefit plan reported by Fram Group Operations LLC under EIN 80-0697545 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,091 participants and $37,238,161 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Fram Group Operations LLC
- EIN
- 80-0697545
- Plan number
- 001
- Plan type
- 2
- Location
- Cleveland, OH
- Latest filing year
- 2023
- Participants
- 1,091
- End-of-year plan assets
- $37,238,161
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,091 | H, C | 20241010133743NAL0021059585001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $37,238,161
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $37,238,161
- Net assets (BOY)
- $36,580,693
Income & contributions
- Employer contributions
- $444,733
- Participant contributions
- $1,163,317
- Total contributions
- $1,998,606
- Total income / additions
- $8,212,586
Expenses & distributions
- Benefits paid
- $7,393,289
- Administrative expenses
- $161,829
- Total expenses
- $7,555,118
- Net increase / (decrease)
- $657,468
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $139,129 | $0 | 2023 |
| Cbiz Investment Advisory Services, | INVESTMENT ADVISORY | $0 | $32,776 | 2023 |
| Bober Markey Fedorovich | ACCOUNTANT | $23,000 | not reported in the loaded dataset | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Fram Group Operations LLC
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Cleveland, OH
- Principal Life Insurance Company — Schedule C compensation
- Cbiz Investment Advisory Services, — Schedule C compensation
- Bober Markey Fedorovich — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation