ESOP · DOL Form 5500 · 2023

Freedom Bancorp ESOP

Data updated 2026-08-11

$11M
Total assets
52
Participants
60th
Percentile by assets
$202,845
Avg per participant
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Official DOL plan name: Freedom Bancorp Employee Stock Ownership Plan · Sponsored by Freedom Bancorp · Indiana · Management of Enterprises

$11M in assets, 52 participants

Freedom Bancorp's Freedom Bancorp Employee Stock Ownership Plan reported $11M in total assets and 52 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • 60th percentile by assets (of 127,072 plans)
  • #439 in Management of Enterprises (1,137 peers)

Management of Enterprises sector rank

Within Management of Enterprises, Freedom Bancorp Employee Stock Ownership Plan ranks #439 of 1,137 2023 filers by assets (3371% of the sector average)-$11M for 52 participants.

$11M
total plan assets (2023 EOY)
52
covered participants
60th
percentile by assets (of 127,072 plans)
$202,845
avg assets per participant

Where Freedom Bancorp Employee Stock Ownership Plan sits by total assets

Freedom Bancorp Employee Stock Ownership Plan vs every filed plan by assets

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

$10,547,931 Top 40% higher than 60% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Freedom Bancorp Employee Stock Ownership Plan reported net income rose from -$1M in the plan year 2022 filing to $251K in the plan year 2023 filing.
  • Freedom Bancorp Employee Stock Ownership Plan end-of-year assets rose from $10M in the plan year 2022 filing to $11M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Indiana
Industry
Management of Enterprises

Rank #439 in Management of Enterprises

Among 1,137 Management of Enterprises plans that filed a Form 5500 for plan year 2023, Freedom Bancorp Employee Stock Ownership Plan ranks #439 by end-of-year assets - about 3371% of the sector average of $356M. Nationally it sits in the 60th percentile, a weaker position within its industry than across all filers.

Management of Enterprises filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$251K
Employer EIN830482328
Plan Effective Date2011-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Freedom Bancorp)

$10M$10.5M$11M$11.5M$12M$12.5M 202220232024 $10.3M $11.9M ▲ +15.8%
Total plan assets by year, all Freedom Bancorp plans on file
Year Plans Participants Total Assets
2022 1 52 $10M
2023 1 52 $11M
2024 1 52 $12M

Nearby ESOP Plans in Indiana

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

Freedom Bancorp Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. -100001000200030004000 -0.500.511.522.5 Total assets ($B) Participants Freedom Bancorp Empl…, Total assets ($B): 0.010547931 · Participants: 52Freedom Bancorp Empl…Jasper Holdings, Inc…, Total assets ($B): 1.921766853 · Participants: 3535Jasper Holdings, Inc…Urschel Laboratories…, Total assets ($B): 0.36648086 · Participants: 487Urschel Laboratories…Nibco Inc. Employee …, Total assets ($B): 0.364505967 · Participants: 1242Nibco Inc. Employee …Superior Industrial …, Total assets ($B): 0.138902309 · Participants: 363Superior Industrial …Ducharme, Mcmillen &…, Total assets ($B): 0.135390454 · Participants: 558Ducharme, Mcmillen &…
Freedom Bancorp Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants
Compare Freedom Bancorp Employee Stock Ownership… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Freedom Bancorp Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Freedom Bancorp Employee Stock Ownership Plan assets move in 2023? ▼
Freedom Bancorp Employee Stock Ownership Plan edged up modestly - up 2.4% during 2023, from $10M to $11M. Reported net income was $251K.
How have Freedom Bancorp plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Freedom Bancorp's sponsor-wide assets grew 15.9%, from $10M to $12M.
Which ESOP plans are similar in size to Freedom Bancorp Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is New Road Schools of New Jersey, Inc Employee Stock Ownership Plan in NJ ($11M, 101 participants).

Next read for Freedom Bancorp Employee Stock Ownership…

Filing takeaways

Ways to act on Freedom Bancorp Employee Stock Ownership Plan's numbers.

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 830482328.

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.