401(k) · DOL Form 5500 · 2022

Freedom Credit Union 401(k) Plan

Data updated 2026-08-25

$12M
Total assets Small plan by assets
105
Participants Small participant base
68th
Percentile by assets National rank
$112,836
Avg per participant Below avg balance/head
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Official DOL plan name: Freedom Credit Union 401(k) Retirement Plan · Sponsored by Freedom Credit Union · Massachusetts · Finance & Insurance

$12M in assets, 105 participants

Freedom Credit Union's Freedom Credit Union 401(k) Retirement Plan reported $12M in total assets and 105 participants in its 2022 DOL Form 5500 filing, ranking in the 68th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #4,809 in Finance & Insurance (9,261 peers)

Coverage in Massachusetts

Freedom Credit Union 401(k) Retirement Plan covers 105 participants in Massachusetts, about 16% of the average Massachusetts filer (state average ~659 per filing). Assets: $12M.

#4,809
in Finance & Insurance (9,261 peers)
-18.4%
assets change YoY

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Freedom Credit Union 401(k) Retirement Plan's outsized position by total assets

Freedom Credit Union 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$11,847,741 Top 32% higher than 68% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Freedom Credit Union 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freedom Credit Union 401(k) Retirement Plan sits mid-pack in the medium band (105 participants).

DOL schedule card

Filing strip 041961180 · Freedom Credit Union PY 2022 · 401(k)

Freedom Credit Union 401(k) Retirement Plan · $12M · 105 · 68th

  • PCT $12M
  • PCT 105
  • PCT 68th
  • PCT 401(k)
  • PCT near Cicatelli Associates Inc. 401(k) Plan
  • PCT ind #4809

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Massachusetts →

Freedom Credit Union 401(k) Retirement Plan in the asset neighbourhood

Freedom Credit Union 401(k) Retirement PlanFreedom Credit Union 401(k) …$12MCicatelli Associates Inc. 401(k) PlanCicatelli Associates Inc. 40…$12MBlue Water Industries LLC 401(k) Savings PlanBlue Water Industries LLC 40…$12MKimchuk Savings and Retirement PlanKimchuk Savings and Retireme…$12MMark Miller Holdings, LLC Dba Mark Miller Toyota 401(k) PlanMark Miller Holdings, LLC Db…$12M
End-of-year total assets ($M) among Freedom Credit Union 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Massachusetts filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$12M
Net Income-$3M
Employer EIN041961180
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Freedom Credit Union)

Sponsor-wide plan assets over time

All Freedom Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$14M 17.069583138253954% vs 2022
2024 filing year
$11M$12M$13M$14M$15M 202220232024 $11.9M $13.9M ▲ +17.0%
Year Plans Participants Total Assets
2022 1 105 $12M
2023 1 104 $14M
2024 1 110 $14M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Freedom Credit Union 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -100102030 Total assets ($B) Participants Freedom Credit Union 401(k) Retirement Plan, Total assets ($B): 0.011847741 · Participants: 105Freedom Credit Union 401(k) Retirement PlanFidelity Retirement Savings Plan, Total assets ($B): 22.953563448 · Participants: 52036Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 8.79802945 · Participants: 32843Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 5.810585521 · Participants: 13690Massachusetts Institute of Technology Supplemental 401(k) PlanPhilips North America 401(k) Plan, Total assets ($B): 5.180251859 · Participants: 19750Philips North America 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 4.853752256 · Participants: 18359Boston Scientific Corporation 401(k) Retirement Savings Plan
Freedom Credit Union 401(k) Retirement Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Freedom Credit Union 401(k) Retirement Plan side-by-side with 3 peers →

Freedom Credit Union 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is Cicatelli Associates Inc. 401(k) Plan in NY ($12M); by covered participants it is Tak Communications Wi LLC 401(k) Plan in SD (105 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (105 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Freedom Credit Union 401(k) Retirement Plan assets move in 2022? ▼
Freedom Credit Union 401(k) Retirement Plan declined sharply - down 18.4% during 2022, from $15M to $12M. Reported net income was -$3M.
How have Freedom Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Freedom Credit Union's sponsor-wide assets grew 17.1%, from $12M to $14M.
Which 401(k) plans are similar in size to Freedom Credit Union 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cicatelli Associates Inc. 401(k) Plan in NY ($12M, 103 participants).
Which 401(k) plans cover a similar participant headcount to Freedom Credit Union 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Tak Communications Wi LLC 401(k) Plan in SD (105 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 041961180.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.