New York › Other services › 5,000 to 24,999 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Freedom 401(k) Pooled Employer Plan
Sponsored by 401(k) Freedom Inc., Oceanside, NY
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 31 Dec 2024, Freedom 401(k) Pooled Employer Plan covered 5,384 participants. The plan is a 401(k) plan sponsored by 401(k) Freedom Inc. of Oceanside, New York. It is a multiple-employer plan covering the employees of more than one employer.
No Schedule H financial statement is attached to this filing, so asset, contribution and fee figures are not available for the year.
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DC plans |
|---|---|---|---|---|
| Net assets per participant | — | $64,499 | $40,686 | $53,102 |
| Employer contributions per active participant | — | $2,424 | $2,024 | $2,175 |
| Schedule C compensation per participant | — | $53.38 | $113 | $123 |
| Schedule C compensation, share of net assets | — | 0.09% | 0.30% | 0.26% |
| Administrative expenses per participant | — | $54.85 | $99.73 | $116 |
Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 5,000 to 24,999 participants (2,605 plans), other services (2,675) and all US plans (63,460). Fee medians cover plans that report an amount.
Fees and service providers
No service provider organisations are listed on Schedule C for this plan year.
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Audit and compliance answers, as filed
- Accountant's opinionNot stated
- Audit scope limited under ERISA section 103(a)(3)(C)—
- Participant contributions reported as transmitted late—
- Covered by a fidelity bond—
- Blackout period during the year—
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
2AAge/service weighted or new comparability or similar plan2EProfit-sharing plan2FERISA section 404(c) plan2GTotal participant-directed account plan2JCode section 401(k) feature2KCode section 401(m) arrangement2WMultiple-employer pension plan that is a pooled employer plan3DPre-approved pension plan
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 813930: Labor Unions and Similar Labor Organizations.
Other plans of 401(k) Freedom Inc.
| Plan | Participants | Net assets |
|---|---|---|
| Njrha Discretionary 401(k) Pooled Employer Plan | 283 | — |
Similar plans in New York
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| Monro, Inc. 401(k) Plan | Monro, Inc. | 6,939 | $82.2M | $11,841 |
| Irc 403(b) Retirement Savings Plan | International Rescue Committee | 5,036 | $253M | $50,273 |
| United Food and Commercial Workers Local 1500 Annuity Plan | Board of Trustees UFCW Local 1500 Annuity Fund | 13,729 | $46.9M | $3,419 |
| Samaritan Village, Inc. Retirement Plan | Samaritan Daytop Village, Inc. | 4,547 | $57.0M | $12,538 |
| The Cultural Institutions Savings Plan | The Cultural Institutions Retirement System | 14,828 | $725M | $48,878 |
| Fba Retirement Plan | Austin 3(16) Fiduciary Limited | 4,294 | $7.6M | $1,775 |
Defined contribution plans in other services closest in size.
Questions and answers
How big is Freedom 401(k) Pooled Employer Plan?
5,384 participants at the end of the plan year ending 31 Dec 2024, of whom 5,384 were active employees. Among defined contribution plans that places it in the 5,000 to 24,999 participants band, which held 2,605 plans in plan year 2024.
What does 401(k) Freedom Inc. contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
No financial schedules are attached to this filing.
Who runs the plan?
The sponsor is 401(k) Freedom Inc.. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing does not state an accountant's opinion type.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 14 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 45-4454161, plan 016, received 14 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.