401(k) · DOL Form 5500 · 2022
Freedom Mortgage Corporation 401(k) Plan
Data updated 2026-08-25
- $168M
- Total assets Near avg plan size
- 8,409
- Participants Very large workforce
- 95th
- Percentile by assets National rank
- $19,936
- Avg per participant Low balance/head
Official DOL plan name: Freedom Mortgage 401(k) Plan · Sponsored by Freedom Mortgage Corporation · New Jersey · Finance & Insurance
$168M in assets, 8,409 participants
Freedom Mortgage Corporation's Freedom Mortgage 401(k) Plan reported $168M in total assets and 8,409 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.
- #8,490 in Finance & Insurance (9,261 peers)
Coverage in New Jersey
Freedom Mortgage 401(k) Plan covers 8,409 participants in New Jersey, 10.0x the typical New Jersey plan (state average ~844 per filing). Assets: $168M.
- #8,490
- in Finance & Insurance (9,261 peers)
- -26.9%
- assets change YoY
- 1.7×
- vs typical plan assets (national mean)
The plan reported a net loss of $61M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Freedom Mortgage 401(k) Plan's outsized position by total assets
Freedom Mortgage 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$167,637,972 Top 5% higher than 95% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Freedom Mortgage 401(k) Plan's large-plan peer group by participant headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freedom Mortgage 401(k) Plan lands in the large band (8,409 participants).
Form 5500 schedule snapshot
Filing strip 223039688 · Freedom Mortgage Corporation PY 2022 · 401(k)
Freedom Mortgage 401(k) Plan · $168M · 8,409 · 95th
- SCH $168M
- SCH 8,409
- SCH 95th
- SCH 401(k)
- SCH near Anschutz Entertainment Group, Inc. 401(k) Plan
- SCH ind #8490
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 New Jersey →
Freedom Mortgage 401(k) Plan in the asset neighbourhood
New Jersey filing particulars
| Total Assets (Beginning of Year) | $229M |
|---|---|
| Net Assets (End of Year) | $168M |
| Net Income | -$61M |
| Employer EIN | 223039688 |
| Plan Effective Date | 1996-02-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Freedom Mortgage Corporation)
Sponsor-wide plan assets over time
All Freedom Mortgage Corporation plans reported in each filing year
- Latest sponsor-wide plan assets
- $200M 19.499846371322125% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 8,409 | $168M |
| 2023 | 1 | 3,774 | $180M |
| 2024 | 1 | 3,270 | $200M |
Nearby 401(k) Plans in New Jersey
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- JPMorgan Chase 401(k) Savings Plan $36.8B · 168,280
- Verizon Savings Plan for Management Employees $25.2B · 76,788
- Johnson and Johnson Savings Plan $21.2B · 43,271
- Pfizer Savings Plan $17.8B · 27,796
- Ernst & Young Retirement Savings Plan $12.4B · 52,975
Scale composition for Freedom Mortgage 401(k) Plan
Freedom Mortgage 401(k) Plan reports $168M in end-of-year assets across 8,409 participants (0.001% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $19,936 per participant (14% of the national average assets-per-participant) . Net income for plan year 2022 was -$61M.
This plan identity (EIN 223039688, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $168M to $200M (+19.5%) while covered participants moved from 8,409 to 3,270 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 8,409 | $168M | This page |
| 2023 | 3,774 | $180M | Open filing |
| 2024 · index core | 3,270 | $200M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Freedom Mortgage 401(k) Plan (401(k), $200M, 3,270 participants)
Freedom Mortgage 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside New Jersey, the nearest 401(k) by assets is Anschutz Entertainment Group, Inc. 401(k) Plan in CA ($168M); by covered participants it is Hendrick Automotive Group 401(k) Plan in NC (8,409 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($168M here).
- Anschutz Entertainment Group, Inc. 401(k) Plan (CA) $168M · 2,735
- Rosebud Mining Company 401(k) Plan (PA) $168M · 857
- American Academy of Pediatrics Employees Retirement Plan (IL) $168M · 489
- Arlanxeo USA LLC Defined Contribution Plan (PA) $167M · 330
Similar participant headcount
Nearest other-state filings by covered participants (8,409 participants); asset peers above are excluded.
- Hendrick Automotive Group 401(k) Plan (NC) 8,409 · 0 off
- Automotive Component Carrier, Inc. Personal Savings Plan for Hourly Rate Employees (PA) 8,410 · 1 off
- Taylor Corporation 401(k) Plan (MN) 8,407 · 2 off
- Worley Group Inc. 401(k) Plan (TX) 8,399 · 10 off
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.