ESOP
2023 plan-year ESOP DOL Form 5500

FREEDOMBANK SHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

FREEDOMBANK SHARES, INC.

This ESOP plan holds N/A in total assets and serves 65 participants as of 2023. It is sponsored by FREEDOMBANK SHARES, INC. in Iowa.

Total Assets (2023)
N/A
Participants
65
State
Industry
Finance & Insurance

What the Filing Says About FREEDOMBANK SHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS

FREEDOMBANK SHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS is a ESOP retirement plan sponsored by FREEDOMBANK SHARES, INC., headquartered in Iowa. As of the 2023 Form 5500 filing, the plan reports N/A in total end-of-year assets and covers 65 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 420945676, and the plan has been effective since 1985-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from N/A at the beginning of 2023 to N/A at year-end. Net assets (after liabilities) closed the year at N/A. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)N/A
Total Assets (End of Year)N/A
Net Assets (End of Year)N/A
Plan TypeESOP
Employer EIN420945676
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (FREEDOMBANK SHARES, INC.)

Year Plans Participants Total Assets
2022 1 53 N/A
2023 1 65 N/A
2024 1 58 N/A

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Frequently Asked Questions

How much money is in the FREEDOMBANK SHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS?
As of the 2023 Form 5500 filing, FREEDOMBANK SHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS holds N/A in total assets with 65 participants. It is sponsored by FREEDOMBANK SHARES, INC..
What type of plan is FREEDOMBANK SHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS?
FREEDOMBANK SHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS is a ESOP plan. It has been effective since 1985-01-01. The plan is filed with the U.S. Department of Labor under EIN 420945676.
Who sponsors the FREEDOMBANK SHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS?
FREEDOMBANK SHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS is sponsored by FREEDOMBANK SHARES, INC., located in Iowa. The sponsor's EIN is 420945676 and the plan operates in the Finance & Insurance industry.
How did FREEDOMBANK SHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS perform in 2023?
FREEDOMBANK SHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS held N/A in total assets at the end of 2023.
Where can I find official filings for FREEDOMBANK SHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS?
Official Form 5500 filings for FREEDOMBANK SHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 420945676 or plan name at efast.dol.gov.
How does FREEDOMBANK SHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS compare to other plans?
You can compare FREEDOMBANK SHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN WITH 401(K) PROVISIONS against other ESOP plans on the plan type page, or view plans in Iowa on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 420945676.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.