Money Purchase · DOL Form 5500 · 2023

Freeman & Bass, P.a. Money Purchase Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
11
Participants Small participant base
40th
Percentile by assets National rank
$363,215
Avg per participant High balance/head
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Official DOL plan name: Freeman & Bass, P.a. Employees' Retirement Plan & Trust · Sponsored by Freeman & Bass, P.a. · New Jersey · Professional & Technical Services

$4M in assets, 11 participants

Freeman & Bass, P.a.'s Freeman & Bass, P.a. Employees' Retirement Plan & Trust reported $4M in total assets and 11 participants in its 2023 DOL Form 5500 filing, ranking in the 40th 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.

  • #7,640 in Professional & Technical Services (20,321 peers)

Freeman & Bass, P.a. multi-year trail

Freeman & Bass, P.a.'s plans moved -54.1% in assets from 2022 to 2024; this filing shows Freeman & Bass, P.a. Employees' Retirement Plan & Trust at $4M / 11 participants.

#7,640
in Professional & Technical Services (20,321 peers)
-45.9%
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.

Freeman & Bass, P.a. Employees' Retirement Plan & Trust's mid-pack asset rank among Professional & Technical Services and all filers

Freeman & Bass, P.a. Employees' Retirement Plan & Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$3,995,368 40th percentile higher than 40% of 127,068 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 2023

Freeman & Bass, P.a. Employees' Retirement Plan & Trust among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freeman & Bass, P.a. Employees' Retirement Plan & Trust is a small filing (11 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Freeman & Bass, P.a. Employees' Retirement Plan & Trust reported net income fell from -$2M in the plan year 2022 filing to -$3M in the plan year 2023 filing.
  • Freeman & Bass, P.a. Employees' Retirement Plan & Trust end-of-year assets fell from $7M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Freeman & Bass, P.a. Employees' Retirement Plan & Trust reported participants fell from 12 in the plan year 2022 filing to 11 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 221901288 · Freeman & Bass, P.a. PY 2023 · Money Purchase

Freeman & Bass, P.a. Employees' Retirement Plan & Trust · $4M · 11 · 40th

  • PCT $4M
  • PCT 11
  • PCT 40th
  • PCT Money Purchase
  • PCT near Ionia County Community Mental Health Authority 401(a) Plan
  • PCT ind #7640

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 Professional & Technical Services retirement plans → · Plans in New Jersey →

Freeman & Bass, P.a. Employees' Retirement Plan & Trust in the asset neighbourhood

Helping Hand of Goodwill Industries Extended Employment Sheltered Workshop Retirement PlanHelping Hand of Goodwill Ind…$4MMental Health Mental Retardation Authority of Brazos Valley Money Purchase Pension PlanMental Health Mental Retarda…$4MFreeman & Bass, P.a. Employees' Retirement Plan & TrustFreeman & Bass, P.a. Employe…$4MKittson Memorial Hospital Association Dba Kittson Healthcare Employees Pension PlanKittson Memorial Hospital As…$4MIonia County Community Mental Health Authority 401(a) PlanIonia County Community Menta…$4M
End-of-year total assets ($M) among Freeman & Bass, P.a. Employees' Retirement Plan & Trust and nearest nationwide Money Purchase peers. Source: DOL Form 5500 plan year 2023.

Freeman & Bass, P.a. multi-year asset trail

Sponsor-wide plan assets over time

All Freeman & Bass, P.a. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 54.06429565939437% vs 2022
2024 filing year
$2M$4M$6M$8M 202220232024 $7.38M $3.39M ▼ -54.1%
Year Plans Participants Total Assets
2022 1 12 $7M
2023 1 11 $4M
2024 1 9 $3M

Freeman & Bass, P.a. filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$4M
Net Income-$3M
Employer EIN221901288
Plan Effective Date1980-02-01
Filing StatusFILING RECEIVED

Nearby Money Purchase Plans in New Jersey

Peer Money Purchase plans, same state, same plan type, ranked by total assets.

Freeman & Bass, P.a. Employees' Retirement Plan & Trust vs. nearby Money Purchase plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -20000200040006000 -50005001000 Total assets ($M) Participants Freeman & Bass, P.a. Employees' Retirement Plan & Trust, Total assets ($M): 3.995368 · Participants: 11Freeman & Bass, P.a. Employees' Retirement Plan & TrustLocal 68 Engineers Union Annuity Plan, Total assets ($M): 919.004157 · Participants: 5196Local 68 Engineers Union Annuity PlanNysa-Ila Money Purchase Pension Fund and Plan, Total assets ($M): 787.160185 · Participants: 4634Nysa-Ila Money Purchase Pension Fund and PlanEducational Testing Service 401(a) Retirement Plan, Total assets ($M): 577.237524 · Participants: 3310Educational Testing Service 401(a) Retirement PlanIronworkers Local 11 Annuity Fund, Total assets ($M): 375.482782 · Participants: 1159Ironworkers Local 11 Annuity FundPlumbers & Pipefitters Local 9 Surety Plan, Total assets ($M): 287.464744 · Participants: 2179Plumbers & Pipefitters Local 9 Surety Plan
Freeman & Bass, P.a. Employees' Retirement Plan & Trust vs. nearby Money Purchase plans in New Jersey, assets vs. participants

Freeman & Bass, P.a. Employees' Retirement Plan & Trust's out-of-state Money Purchase peers by assets and headcount

Outside New Jersey, the nearest Money Purchase by assets is Ionia County Community Mental Health Authority 401(a) Plan in MI ($4M); by covered participants it is Rush Appliances, Inc. Profit Sharing Plan in IL (11 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Freeman & Bass, P.a. Employees' Retirement Plan & Trust assets move in 2023?
Freeman & Bass, P.a. Employees' Retirement Plan & Trust contracted severely - down 45.9% during 2023, from $7M to $4M. Reported net income was -$3M.
How have Freeman & Bass, P.a. plan assets changed over time?
Across 3 plan years on file (2022-2024), Freeman & Bass, P.a.'s sponsor-wide assets declined 54.1%, from $7M to $3M.
Which Money Purchase plans are similar in size to Freeman & Bass, P.a. Employees' Retirement Plan & Trust?
Among Money Purchase plans in other states, the closest by assets is Ionia County Community Mental Health Authority 401(a) Plan in MI ($4M, 97 participants).
Which Money Purchase plans cover a similar participant headcount to Freeman & Bass, P.a. Employees' Retirement Plan & Trust?
Among Money Purchase plans in other states, the closest by covered participants is Rush Appliances, Inc. Profit Sharing Plan in IL (11 participants, $527K in assets).