Profile
Freedom Forever LLC 401(K) Plan in Temecula, CA is in California, its EIN is 813208857, its industry group is Other Specialty Trade Contractors, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, self-administered by the plan sponsor, is a single-employer plan, its business code is 238900, has 1,000 to 4,999 total participants, is worse than the overall plan medians in each of participant loans as a percentage of plan assets, corrective distributions, yield on beginning-of-plan-year total assets, and diversity of asset types (4 total), is worse than the overall participant averages in each of average account balance, active-participant contributions per head, and employer contributions per active participant, and is higher than the overall administrative medians in each of contract administrator fees, total administrative expenses, and total administrative expense ratio.
Numeric values:
- total assets ($3,745,802)
- net assets (assets minus liabilities) ($3.70M)
- value of interest in registered investment companies (e.g., mutual funds) ($3.60M)
- total assets at beginning of plan year ($2,738,015)
- total contributions ($2,117,781)
- cash contributions from participants ($1,710,162)
- total income ($1,563,684)
- net income ($1,007,787)
- total expenses ($555,897)
- participant loans ($87,578)
- corrective distributions ($63,953)
- contract administrator fees ($31,297)
- total administrative expenses ($31,297)
- value of funds held in insurance company general account (unallocated contracts) ($21,275)
- cash contributions from employers ($8,378)
- average account balance ($1,496)
- average employer+participant cash contribution per active participant ($711)
- average participant cash contribution per active participant ($707.30)
- net income per total participant ($402.60)
- total administrative expense per participant ($12.50)
- average employer cash contribution per active participant ($3.50)
- total noninterest-bearing cash ($0)
- receivables - employer contributions ($0)
- receivables - participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in common/collective trusts ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- professional fees ($0)
- investment advisory and management fees ($0)
- other administrative expenses ($0)
- asset transfers to the plan ($0)
- asset transfers from the plan ($0)
- earnings on investments (-$554,097)
- net earnings on investments (-$554,097)
- percentage of active participants (96.6%)
- growth in total assets during the plan year (36.8%)
- diversity of asset types (4.6%)
- participant loans as a percentage of plan assets (2.34%)
- total administrative expense ratio (0.840%)
- total cash as a percentage of plan assets (0.00%)
- employer securities as a percentage of plan assets (0.00%)
- yield on beginning-of-plan-year total assets (-20.24%)
- active participants (2,418)
- deceased participants whose beneficiaries receive or are entitled to benefits (0)
- living participants (2,503)
- other retired or separated participants entitled to future benefits (85)
- retired or separated participants receiving benefits (0)
- total participants (2,503)