How big is Frama, Inc.'s plan?

Frama, Inc.'s plan reported $1.5M in assets and 11 participants for 2024.

Original filing (PDF)20251001122829NAL0020984642001

Frama, Inc.

Name: Frama, Inc. — Frama, Inc. 401(k) Plan, Form 5500 (2024)
Creator: Frama, Inc.
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

Frama, Inc. 401(k) Plan

401(k) retirement plan · Frama, Inc.'s Frama, Inc. 401(k) Plan held $1.5M in plan assets for 11 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$1.5M

Net assets (EOY)

$1.5M

People on this filing

William Claussen signed Frama, Inc.'s 2024 Form 5500 as plan administrator.

William Claussen — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

Frama, Inc.'s EIN is 27-1843420.

EIN 27-1843420

Plan number 001

Plan year 2024

ACK ID 20251001122829NAL0020984642001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for Frama, Inc. from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

Frama, Inc.'s plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature.

Decision-maker contacts

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Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Knocking points off

Low account-holder ratio — balance-holders per active participant in the bottom quartile of peers (19th percentile).

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.

Plan sponsor

Name

FRAMA, INC.

EIN

all filings

Address

1105 WEST NATIONAL AVENUE · ADDISON, IL · 60101

Phone

(630) 543-8493

Industry

Wholesale Trade

Plan administrator

Same as plan sponsor.

Plan characteristics

Plan number

001

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-01

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

3D · Pre-approved plan (master / prototype / VS)

Audit & trust (Schedule H)

Auditor

—

Trustee / custodian

Service providers (Schedule C)

Small plans don't disclose service providers

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