Litera Microsystems 401(K) Plan — Form 5500 plan (Freedom Solutions Group 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, Litera Microsystems 401(K) Plan is a benefit plan reported by Freedom Solutions Group LLC under EIN 36-4156327 and plan number 001. The latest loaded filing year is 2023. The filing reports 438 participants and $35,673,775 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Freedom Solutions Group LLC
- EIN
- 36-4156327
- Plan number
- 001
- Plan type
- 2
- Location
- Chicago, IL
- Latest filing year
- 2023
- Participants
- 438
- End-of-year plan assets
- $35,673,775
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 438 | H, C | 20241011183209NAL0012856083001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $35,673,775
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $35,673,775
- Net assets (BOY)
- $23,638,669
Income & contributions
- Employer contributions
- $2,043,000
- Participant contributions
- $3,694,054
- Total contributions
- $7,898,566
- Total income / additions
- $12,729,113
Expenses & distributions
- Benefits paid
- $4,189,509
- Administrative expenses
- $133,449
- Total expenses
- $4,322,958
- Net increase / (decrease)
- $8,406,155
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $133,331 | $0 | 2023 |
| Mml Investors Services, LLC | INVESTMENT ADVISORY | $0 | $67,058 | 2023 |
| The Angell Pension Group, Inc | TPA | $0 | $12,237 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Freedom Solutions Group LLC
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Chicago, IL
- Principal Life Insurance Company — Schedule C compensation
- Mml Investors Services, LLC — Schedule C compensation
- The Angell Pension Group, Inc — Schedule C compensation