ESOP · DOL Form 5500 · 2023

Freedom Bancorp ESOP

Data updated 2026-08-25

$11M
Total assets Small plan by assets
52
Participants Small participant base
60th
Percentile by assets National rank
$202,845
Avg per participant Above avg balance/head
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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.

  • #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.

#439
in Management of Enterprises (1,137 peers)
+2.4%
assets growth YoY

Freedom Bancorp Employee Stock Ownership Plan's mid-pack asset rank among Management of Enterprises and all filers

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 $2,050,000,000 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

Freedom Bancorp Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freedom Bancorp Employee Stock Ownership Plan is a small filing (52 participants) on this national headcount ladder.

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 →

DOL schedule card

Filing strip 830482328 · Freedom Bancorp PY 2023 · ESOP

Freedom Bancorp Employee Stock Ownership Plan · $11M · 52 · 60th

  • NET $11M
  • NET 52
  • NET 60th
  • NET ESOP
  • NET near New Road Schools of New Jersey, Inc Employee Stock Ownership Plan
  • NET ind #439

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 What is an ESOP? → · Plans in Indiana →

Freedom Bancorp Employee Stock Ownership Plan in the asset neighbourhood

Bandago Employee Stock Ownership PlanBandago Employee Stock Owner…$11MFreedom Bancorp Employee Stock Ownership PlanFreedom Bancorp Employee Sto…$11MNew Road Schools of New Jersey, Inc Employee Stock Ownership PlanNew Road Schools of New Jers…$11MHorizon Communications, Inc. Employee Stock Ownership PlanHorizon Communications, Inc.…$11MItc Investments, Inc. Employee Stock Ownership PlanItc Investments, Inc. Employ…$11M
End-of-year total assets ($M) among Freedom Bancorp Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

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)

Sponsor-wide plan assets over time

All Freedom Bancorp plans reported in each filing year

Latest sponsor-wide plan assets
$12M 15.887456477427989% vs 2022
2024 filing year
$10M$10.5M$11M$11.5M$12M$12.5M 202220232024 $10.3M $11.9M ▲ +15.8%
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 ($B) Participants Freedom Bancorp Employee Stock Ownership Plan, Total assets ($B): 0.010547931 · Participants: 52Freedom Bancorp Employee Stock Ownership PlanJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 1.921766853 · Participants: 3535Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.36648086 · Participants: 487Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.364505967 · Participants: 1242Nibco Inc. Employee Stock Ownership PlanSuperior Industrial Solutions, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.138902309 · Participants: 363Superior Industrial Solutions, Inc. Employee Stock Ownership PlanDucharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.135390454 · Participants: 558Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan
Freedom Bancorp Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants
Compare Freedom Bancorp Employee Stock Ownership Plan side-by-side with 3 peers →

Freedom Bancorp Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Indiana, the nearest ESOP by assets is New Road Schools of New Jersey, Inc Employee Stock Ownership Plan in NJ ($11M); by covered participants it is Jd2 Incorporated Employee Stock Ownership Plan in CA (52 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (52 participants); asset peers above are excluded.

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 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).
Which ESOP plans cover a similar participant headcount to Freedom Bancorp Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Jd2 Incorporated Employee Stock Ownership Plan in CA (52 participants, $50M in assets).

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.