Other · DOL Form 5500 · 2023

Freedom Energy, Inc. Retirement Plan

Data updated 2026-08-25

$844K
Total assets Small plan by assets
7
Participants Small participant base
22nd
Percentile by assets National rank
$120,604
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Freedom Energy, Inc. Profit Sharing Plan · Sponsored by Freedom Energy, Inc. · Texas · Mining & Oil Extraction

$844K in assets, 7 participants

Freedom Energy, Inc.'s Freedom Energy, Inc. Profit Sharing Plan reported $844K in total assets and 7 participants in its 2023 DOL Form 5500 filing, ranking in the 22nd 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.

  • #47 in Mining & Oil Extraction (811 peers)

What the 2023 filing shows

Freedom Energy, Inc. Profit Sharing Plan holds $844K for 7 participants - about $120,604 per participant, among the smaller plans by assets on file.

#47
in Mining & Oil Extraction (811 peers)
-1.9%
assets change YoY

The plan reported a net loss of $16K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Freedom Energy, Inc. Profit Sharing Plan among the smaller filed plans by assets

Freedom Energy, Inc. Profit Sharing Plan vs every filed plan by assets

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

$844,227 22nd percentile higher than 22% 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 Energy, Inc. Profit Sharing Plan among micro filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freedom Energy, Inc. Profit Sharing Plan is a micro filing (7 participants), the leftmost band.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Freedom Energy, Inc. Profit Sharing Plan reported net income rose from -$38K in the plan year 2022 filing to -$16K in the plan year 2023 filing.
  • Freedom Energy, Inc. Profit Sharing Plan reported participants rose from 6 in the plan year 2022 filing to 7 in the plan year 2023 filing.
  • Freedom Energy, Inc. Profit Sharing Plan end-of-year assets fell from $860K in the plan year 2022 filing to $844K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 752125738 · Freedom Energy, Inc. PY 2023 · Other

Freedom Energy, Inc. Profit Sharing Plan · $844K · 7 · 22nd

  • VS-ST $844K
  • BOY 7
  • SCH 22nd
  • EBSA Other
  • PART near Magnolia Coastlands Ahec Ret Plan Type 403(b)
  • TYPE ind #47

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 Mining & Oil Extraction retirement plans → · Plans in Texas →

Freedom Energy, Inc. Profit Sharing Plan in the asset neighbourhood

Alabama Childrens Clinic PC Profit Sharing PlanAlabama Childrens Clinic PC …$850KFarel Byrd, Cpa, PA Retirement Plan 986 Sugar Lane Collierville, Tn. 38017Farel Byrd, Cpa, PA Retireme…$852KDrew Child Development Corporation 403(b) PlanDrew Child Development Corpo…$852KFreedom Energy, Inc. Profit Sharing PlanFreedom Energy, Inc. Profit …$844KMagnolia Coastlands Ahec Ret Plan Type 403(b)Magnolia Coastlands Ahec Ret…$841K
End-of-year total assets ($M) among Freedom Energy, Inc. Profit Sharing Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Filing particulars (2023)

Total Assets (Beginning of Year)$860K
Net Assets (End of Year)$844K
Net Income-$16K
Employer EIN752125738
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Freedom Energy, Inc.)

Sponsor-wide plan assets over time

All Freedom Energy, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
N/A
2024 filing year
$0M$0.5M$1M 202220232024 $0.86M $0M ▼ -100.0%
Year Plans Participants Total Assets
2022 1 6 $860K
2023 1 7 $844K
2024 1 7 N/A

Nearby Other Plans in Texas

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

Freedom Energy, Inc. Profit Sharing Plan vs. nearby Other plans in Texas, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -10123 Total assets ($B) Participants Freedom Energy, Inc. Profit Sharing Plan, Total assets ($B): 0.000844227 · Participants: 7Freedom Energy, Inc. Profit Sharing PlanMemorial Hermann Health System Employees' Retirement Savings Plan, Total assets ($B): 2.784471529 · Participants: 30949Memorial Hermann Health System Employees' Retirement Savings PlanThe Tax Sheltered Annuity Plan of the Methodist Hospital, Total assets ($B): 2.483619821 · Participants: 29975The Tax Sheltered Annuity Plan of the Methodist HospitalBaylor College of Medicine Section 403b, Total assets ($B): 1.920721689 · Participants: 12679Baylor College of Medicine Section 403bThe Tax Sheltered Annuity Plan of Texas Children's Hospital, Total assets ($B): 1.837550608 · Participants: 15456The Tax Sheltered Annuity Plan of Texas Children's HospitalSouthwest Research Institute Retirement Plan, Total assets ($B): 1.54942102 · Participants: 2831Southwest Research Institute Retirement Plan
Freedom Energy, Inc. Profit Sharing Plan vs. nearby Other plans in Texas, assets vs. participants
Compare Freedom Energy, Inc. Profit Sharing Plan side-by-side with 3 peers →

Freedom Energy, Inc. Profit Sharing Plan's out-of-state Other peers by assets and headcount

Outside Texas, the nearest Other by assets is Magnolia Coastlands Ahec Ret Plan Type 403(b) in GA ($841K); by covered participants it is Centro Cristiano Renacer Inc 403(b) in NY (7 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (7 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 Energy, Inc. Profit Sharing Plan assets move in 2023? ▼
Freedom Energy, Inc. Profit Sharing Plan edged down modestly - down 1.9% during 2023, from $860K to $844K. Reported net income was -$16K.
Where does Freedom Energy, Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Freedom Energy, Inc. Profit Sharing Plan ranks in the 22nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Other plans are similar in size to Freedom Energy, Inc. Profit Sharing Plan? ▼
Among Other plans in other states, the closest by assets is Magnolia Coastlands Ahec Ret Plan Type 403(b) in GA ($841K, 4 participants).
Which Other plans cover a similar participant headcount to Freedom Energy, Inc. Profit Sharing Plan? ▼
Among Other plans in other states, the closest by covered participants is Centro Cristiano Renacer Inc 403(b) in NY (7 participants, $2M 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 752125738.

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.