Fgs-Wi, LLC (DBA Freedom Graphic Systems) 401(k) Review & Grade
Freedom Graphic Systems Retirement Plan
Milton, WIManufacturing506 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$442Employer $ per active participant
$3,448Employee $ saved per active participant
0.22%Direct admin cost, % of plan assets
$32.9MNet plan assets, end of year
$54,649Average balance per account
Score breakdown
- Employer generosity2.9 / 506th percentile for employer $ per participant
- Low cost12.8 / 2551th percentile for low admin cost vs. same-size plans
- Employee saving4.3 / 1529th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score30 / 100 · Grade D
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 6th |
| Lower admin cost | 51th |
| Employee saving | 29th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Fgs-Wi, LLC (DBA Freedom Graphic Systems) put in about $442 per active participant, below the typical peer ($2,320). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $223,638 |
| Participant (employee) contributions | $1,743,150 |
| Other contributions (incl. rollovers in) | $0 |
| Administrative expenses paid from the plan | $69,177 |
| Investment advisory & management fees | $43,602 |
| Benefits paid out | $2,073,846 |
| Net assets, start / end of year | $29.5M / $32.9M |
| Active participants, start / end of year | 499 / 512 |
| Participants with account balances | 602 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Baker Tilly US, LLP |
Largest service providers (Schedule C)
| Ubs Financial Services Inc | $45,134 reported compensation |
| Fidelity Investments Institutional | $25,575 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20260713135548NAL0000203411001, received 2026-07-13, EIN 27-3287925, plan #001, plan year 2024-10-01 to 2025-09-30. Verify at efast.dol.gov.