401(k) · DOL Form 5500 · 2023

Freedom Care LLC 401(k) Plan

Data updated 2026-08-25

$17M
Total assets Small plan by assets: 26,393
Participants Very large workforce: 70th
Percentile by assets National rank: $660
Avg per participant Low balance/head

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Official DOL plan name: Freedom Care 401(k) Plan · Sponsored by Freedom Care LLC · New York · Healthcare & Social Assistance

$17M in assets, 26,393 participants

Freedom Care LLC's Freedom Care 401(k) Plan reported $17M in total assets and 26,393 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.

#13,221 in Healthcare & Social Assistance (17,684 peers)

Coverage in New York

Freedom Care 401(k) Plan covers 26,393 participants in New York, 33x the typical New York plan (state average ~798 per filing). Assets: $17M.

#13,221
in Healthcare & Social Assistance (17,684 peers): +54.7%
assets growth YoY

Freedom Care 401(k) Plan's outsized position by total assets

Freedom Care 401(k) Plan vs every filed plan by assets

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

$17,418,399 Top 30% higher than 70% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Freedom Care 401(k) Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Freedom Care 401(k) Plan is a mega filing (26,393 participants), the rightmost band on the breakdown.

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Freedom Care 401(k) Plan reported net income rose from $3M in the plan year 2022 filing to $6M in the plan year 2023 filing.
Freedom Care 401(k) Plan reported participants rose from 14,154 in the plan year 2022 filing to 26,393 in the plan year 2023 filing.
Freedom Care 401(k) Plan end-of-year assets rose from $11M in the plan year 2022 filing to $17M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 810913242 · Freedom Care LLC PY 2023 · 401(k)

Freedom Care 401(k) Plan · $17M · 26,393 · 70th

EIN $17M
RANK 26,393
PHOTO 70th
IND 401(k)
EOY near Ocd Tech, LLC
5500 ind #13221

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 Healthcare & Social Assistance retirement plans → · Plans in New York →

End-of-year total assets ($M) among Freedom Care 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)	$11M
Net Assets (End of Year)	$17M
Net Income	$6M
Employer EIN	810913242
Plan Effective Date	2017-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Freedom Care LLC)

Latest sponsor-wide plan assets: $23M 108.19328455181132% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	14,154	$11M
2023	1	26,393	$17M
2024	1	44,012	$23M

Nearby 401(k) Plans in New York

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Freedom Care 401(k) Plan vs. nearby 401(k) plans in New York, assets vs. participants

IBM 401 (K) Plus Plan $57.4B · 54,912
Pfizer Savings Plan $19.6B · 30,033
Morgan Stanley 401(k) Plan $19.2B · 55,363
The Pepsico Savings Plan $13.7B · 133,597
The Goldman Sachs 401(k) Plan $11.4B · 24,866

Compare Freedom Care 401(k) Plan side-by-side with 3 peers →

Freedom Care 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Ocd Tech, LLC in MA ($17M); by covered participants it is Hilton 401(k) Plan in VA (26,366 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($17M here).

Ocd Tech, LLC (MA) $17M · 138
Fms 401(k) Plan (FL) $17M · 258
Florida Crystals Corporation Retirement Savings Plan for Bargaining Unit Employees (FL) $17M · 1,092
Step Up for Students 401(k) Plan (FL) $17M · 259

Similar participant headcount

Nearest other-state filings by covered participants (26,393 participants); asset peers above are excluded.

Hilton 401(k) Plan (VA) 26,366 · 27 off
McKesson Corporation 401(k) Retirement Savings Plan (TX) 26,345 · 48 off
Abbvie Savings Plan (IL) 26,300 · 93 off
Kellermeyer Bergensons Services Savings & Protection Plan (CA) 26,521 · 128 off

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 Care 401(k) Plan assets move in 2023? ▼

Freedom Care 401(k) Plan surged - up 54.7% during 2023, from $11M to $17M. Reported net income was $6M.

How have Freedom Care LLC plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Freedom Care LLC's sponsor-wide assets grew 108.2%, from $11M to $23M.

Which 401(k) plans are similar in size to Freedom Care 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Ocd Tech, LLC in MA ($17M, 138 participants).

Which 401(k) plans cover a similar participant headcount to Freedom Care 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Hilton 401(k) Plan in VA (26,366 participants, $2.0B 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 810913242.