How big is Froude Inc.'s plan?

Froude Inc.'s plan reported $2.3M in assets and 21 participants for 2024.

Original filing (PDF)20250826191117NAL0004610867001

Froude Inc.

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

Form 5500-SF

FILING_RECEIVED

Froude, Inc. 401(k) Plan

401(k) retirement plan · Froude Inc.'s Froude, Inc. 401(k) Plan held $2.3M in plan assets for 21 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$2.3M

Net assets (EOY)

$2.3M

Plan identifiers

Froude Inc.'s EIN is 38-2325812.

EIN 38-2325812

Plan number 001

Plan year 2024

ACK ID 20250826191117NAL0004610867001

Official Form 5500 document

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

Download the official 2024 Form 5500 (PDF)

Plan features

Froude Inc.'s plan includes profit-sharing, ERISA 404(c) participant direction, a 401(k) feature, automatic enrollment, a default investment (QDIA).

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

Helping the score

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

Plan sponsor

Name

FROUDE INC

EIN

all filings

Address

41123 JO DRIVE · NOVI, MI · 48375

Phone

(248) 579-4295

Industry

Engineering Services· Professional & Technical Services

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

2025-08-26

Pension benefit codes

2E · Profit-sharing

2F · ERISA section 404(c)

2G · Total participant-directed accounts

2J · 401(k) feature

2K · 401(m) arrangement

2S · Automatic enrollment

2T · Default investment account (QDIA)

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

Service providers (Schedule C)

Small plans don't disclose service providers

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